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Tiger Infrastructure to Acquire Majority Interest in Hudson Fiber Network

October 06, 2014

Tiger Infrastructure to Acquire Majority Interest in Hudson Fiber Network



By Rahul Arora
TMCnet Contributor



Tiger Infrastructure Partners, a private equity firm, recently announced an agreement to acquire a majority interest in Hudson Fiber Network, a data transport provider. Q Advisors LLC, a Denver and San Francisco boutique investment bank, acted as the exclusive financial advisor to Hudson Fiber Network. Perkins Coie LLP and Lowenstein Sandler LLP served as legal advisors during the transaction.


“We believe that HFN, with its talented senior leadership team, is poised for the next level of success,” said Emil Henry, managing partner of Tiger Infrastructure Partners. “We are delighted to join the HFN team as its new capital partner and we look forward to applying our resources to support HFN and its continued growth.”

Hudson Fiber Network (HFN) offers high bandwidth transport and purpose-built, private networking solutions for financial, carrier and enterprise clients. The company’s unique fiber network connects points of presence in key colocation hubs throughout the U.S., Canada and Asia. The HFN suite of solutions helps clients increase network efficiency and lower overall networking expenditures. Services include Gigabit Ethernet, optical wave solutions and IP connectivity (10MN through 100 Gig), and are delivered in and between key U.S. and global metropolitan markets.

HFN announced last year that, as part of the completion of its fiber network upgrade, it provides never-before-delivered performance to every major financial trading platform in the NY/NJ metropolitan area.  The HFN route upgrade decreases its length by roughly .8km south of Mahwah, shortening all paths and providing the lowest latencies and fiber distances from Mahwah to 755 Secaucus Road, Secaucus/NY4; 165 Halsey Street, Newark; Federal Boulevard, Carteret, NJ and 300 Boulevard East, Weehawken and 111 8th Avenue, NY, NY.

“We look forward to building a powerful synergistic partnership with Tiger, as we embark on this next chapter of growth,” said Brett Diamond, CEO of HFN. “The expertise and resources Tiger provides will fuel our network expansion and support and enhance our solutions delivery across our fast-growing customer base,” added Keith Muller, COO of HFN.




Edited by Maurice Nagle
 
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