Visionary Broadband announces strategic investment from GTCR

9 Jun 2022

Wyoming-based Visionary Broadband has received a strategic investment from funds affiliated with Chicago-based private equity firm GTCR. The transaction will allow Visionary to continue investing in the construction of new fibre-to-the-premises (FTTP) networks throughout rural and underserved areas of Wyoming, Colorado and Montana.

TeleGeography notes that GTCR is a serial telecoms investor, and its portfolio currently includes Clearwave Fiber, Consumer Cellular, Mega Broadband Investments and Point Broadband. Since 1997 GTCR says it has invested in around 30 companies in the technology, media and telecoms (TMT) sector.

United States, GTCR, Visionary Broadband