Multi-Billion Dollar Consortium Powers Ripple Fiber's Massive Network Expansion Through Strategic Debt Financing

Post Road Group invests in fiber infrastructure while Platform Investment Partners anchors long-term growth vision

Ripple Fiber, the Charlotte-based fiber internet provider, has secured a transformative partnership with Post Road Group, an alternative investment firm managing approximately $1.7 billion in assets. This debt-fueled collaboration represents a significant pivot in Ripple Fiber’s capital strategy, moving beyond equity-stage financing to accelerate fiber optic deployment across the nation.

The transaction brings together a powerful coalition of stakeholders committed to expanding digital infrastructure access. Alongside Post Road Group’s financial backing, the initiative is supported by Glass Routes as the platform holding company, HyperFiber as a sister entity, and Platform Investment Partners serving as a key anchor. Financial advisory firm Houlihan Lokey facilitated the transaction as exclusive advisor, while Myriad Capital and KLT Holdings support the Glass Routes platform.

Accelerating Fiber Access to Hundreds of Thousands of Homes

The partnership aims to deliver fiber optic connectivity to over 400,000 homes by December 2025—a dramatic acceleration of network expansion. For Ripple Fiber CEO Greg Wilson, this financing milestone underscores a critical evolution: “We’re transitioning from equity funding to debt capital structures, which enables us to scale deployment at unprecedented speed. This collaboration strengthens our operational timelines and brings future-proof technology to communities nationwide.”

Andy Runk, Managing Director at Post Road Group, emphasized the firm’s commitment to infrastructure innovation: “We’re backing companies that disrupt traditional telecommunications deployment. Ripple Fiber’s model aligns with our investment thesis around digital infrastructure that delivers tangible community benefits.”

The Consortium Behind the Growth

Post Road Group brings deep expertise in digital infrastructure and real estate credit. Since its 2015 founding, the firm has invested or committed approximately $3.0 billion across corporate, real estate credit, and specialty finance verticals. Its real estate credit platform provides construction financing and bridge loans, positioning it uniquely to support fiber network deployment at scale.

Platform Investment Partners, the holding company coordinating this growth initiative, focuses specifically on broadband and software sectors where innovation can drive transformational change. The firm’s track record in identifying high-growth opportunities within telecommunications makes it a natural steward for Ripple Fiber’s expansion phase.

Houlihan Lokey, ranked as the No. 1 global M&A advisor for nine consecutive years, brought institutional expertise in technology transactions and capital markets structuring. Shaun Clark, Managing Director at Platform Investment Partners, noted: “This partnership represents an inflection point for Ripple Fiber’s North American trajectory. We’re excited to have Post Road Group join our consortium and confident in the value this capital structure will unlock.”

Bridging the Digital Divide at Scale

Ripple Fiber’s mission centers on expanding digital access across underserved communities, particularly throughout the Southeast. By securing debt capital from infrastructure-focused investors, the company can now pursue deployment targets that would have been constrained under traditional equity financing models.

The timing reflects broader industry trends: fiber infrastructure investment has become increasingly attractive to institutional capital as regulators and investors recognize broadband access as essential infrastructure. This partnership demonstrates how specialized finance can accelerate the transition from boutique regional providers to scaled national networks.