South Reach Networks, a telecommunications infrastructure provider, announced this week that it had acquired the fiber and co-location assets of Resurgence Infrastructure Group. According to a press release, the acquisition includes over 120,000 fiber miles from Jacksonville to Miami, five neutral co-location facilities, key metro networks in Florida (Jacksonville and Boca Raton) and direct fiber connectivity to multiple submarine cable landing stations and data centers throughout the state.
With the acquisition, South Reach Networks gains access to Resurgence’s contiguous long-haul dark fiber network along the East Coast of Florida, adds ten new Tier 1 Points of Presence (PoPs), and over 350 route miles to the company’s fiber footprint.
In a statement, Michael Sevret, President of South Reach Networks said, “My team and I are working hard to set the company vision and execute the strategy to expand with key, targeted acquisitions within Florida to take advantage of growing secular demand for global communications and secure infrastructure as a service.”
He added, “I am excited about this path we are on to grow our fiber infrastructure and data center footprint, and for the momentum we are building in this market. We’re thrilled to announce this latest acquisition of a key strategic asset, which complements our existing footprint in Miami with reach to Latin America and global markets.”
South Reach Networks’ acquisitions follow the company’s rebrand launch in 2019, backed by private equity firm, Turning Rock Partners. Financial terms of the purchase were not disclosed.