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InstarAGF to Acquire LS Networks to Expand Connectivity in Pacific Northwest
Wednesday 21 October 2020

US alternative asset management InstarAGF Asset Management Inc. has agreed to acquire 100% of Oregon-based fiber-optic bandwidth infrastructure services provider LS Networks to position LS Networks for its next phase of growth and connectivity in the Pacific Northwest, the company said.

Financial terms of the transaction were not disclosed.

LS Networks was advised on the transaction by Stifel and Davis Wright Tremaine LLP. InstarAGF was advised by Wells Fargo Securities, LLC and DLA Piper LLP.

InstarAGF's growing footprint spans North America with a portfolio that includes aviation infrastructure, district energy, renewable energy, midstream energy services, and speciality ports and logistics businesses that deliver essential services and value to communities, partners and investors.

InstarAGF is a signatory to the United Nations-supported Principles for Responsible Investment.

LS Networks delivers essential digital reliability, quality and capacity to large and small commercial and individual customers in rural and urban communities to support family, business growth and sustainability.
Date Published: 21/10/2020