- Companies
- FiberLight
FiberLight Acquisition, Valuation, Funding & Investors
FiberLight was acquired by Morrison & Co for $1B in June 2022, a 71.4x multiple on $14M of revenue.
FiberLight acquisition price
$1B
Acquired by Morrison & Co · Jun 2022
FiberLight revenue at acquisition
$14M
Last twelve months · Jun 2022
FiberLight revenue multiple at acquisition
71.4x
EV/Revenue · Jun 2022
Cumulative funding FiberLight raised
$325M
across 1 funding round
About FiberLight
FiberLight is an Atlanta-headquartered carrier providing Carrier Ethernet and optical transport over a 7,000-mile diverse fiber ring spanning the eastern United States from Maine to Florida. It delivers 10G to 400G services with 99.999 percent uptime SLAs to enterprises and hyperscalers. The company interconnects 1,500 buildings including NYSE data centers. Founded in 2007, FiberLight invests $200 million in metro expansions.
Founded
1998
HQ
Website
Status
Acquired
Customer focus
B2B
Revenue model
Usage-based
Revenue
$14M (Jun 2022)
Valuation
$1B (acquired Jun 2022)
FiberLight Acquisition
FiberLight was acquired by Morrison & Co for $1B on 30 June 2022.
The acquisition price implies a 71.4x revenue multiple on $14M of revenue.
Before the acquisition FiberLight had raised $325M across 1 funding round.
| Acquirer | Date | Type | Price | EV/Revenue |
|---|---|---|---|---|
| 30 Jun 2022 | Strategic M&A | $1B | 71.4x |
FiberLight Funding History
FiberLight has raised a total of $325M across 1 funding round.
FiberLight funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Sep 2020 | Undisclosed stage | Guggenheim Partners | $325M | FiberLight announced the successful completion of a strategic recapitalization on September 16, 2020, which included $325 million in financing from Guggenheim Partners. Bank Street served as financial advisor in the transaction. FiberLight is a provider of high-capacity fiber optic networks and connectivity services, focused on digital infrastructure. Later developments include a $500 million sustainability-linked refinancing facility closed on May 1, 2025, to support growth and expansion into underinvested markets. The company is owned by a consortium led by Morrison, with Australian Retirement Trust and UBS Asset Management. Prior to the 2020 deal, FiberLight had funding history including acquisitions and mergers around 2018. |
Who has invested in FiberLight?
1 investor has backed FiberLight across its funding rounds, including Guggenheim Partners.
FiberLight Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
This data is available for Pro users. Sign up to see all 1 FiberLight investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAcquisitions by FiberLight
FiberLight has acquired 1 company to date.
Last acquisition by FiberLight was on April 16th 2025. FiberLight acquired Metro Fiber Networks for undisclosed valuation.
Latest Acquisitions by FiberLight
| Description | - |
| HQ Country | |
| HQ City | Norfolk, VA |
| Deal Date | 16 Apr 2025 |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all FiberLight acquisitions and their M&A valuation multiples. Start Free Trial | |
FiberLight Competitors
FiberLight competitors include listed companies like BrightView, Matrix Design Co. and Superloop, and private ones like Tarana Wireless, Electric and GlasfaserPlus.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $100M | - | $1B | 10.0x | ||
| Private | $40M | - | $1B | - | ||
| Publicly listed | $2.7B | $307M | $1B | 0.9x | ||
| Publicly listed | $110M | $12M | $1B | 7.2x | ||
| Publicly listed | $389M | $53M | $993M | 2.2x | ||
| Private | - | - | $1B | - |
FiberLight Public Comps
FiberLight is no longer listed, but its public comps include BrightView, Matrix Design Co., Superloop, Tejas Networks, Liberty Capital, Service Stream, Macquarie Technology Group, Genew, Open Up Group and RailTel Corporation.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $2.7B | $307M | 0.9x | 0.9x | 8.0x | 7.2x | |||
| $110M | $12M | 7.7x | 7.2x | 69.8x | - | |||
| $389M | $53M | 2.8x | 2.2x | 20.7x | 11.9x | |||
| $114M | ($70M) | 11.9x | - | (19.3x) | - | |||
| $952M | ($79M) | 1.8x | 1.7x | (22.2x) | 4.4x | |||
| $1.7B | $101M | 0.6x | 0.6x | 10.7x | 9.0x | |||
| $263M | $81M | 3.9x | 3.6x | 12.6x | 12.2x | |||
| $131M | $1M | 7.4x | 6.6x | 704.9x | 36.6x | |||
This data is available for Pro users. Sign up to see all FiberLight competitors and their valuation data. Start Free Trial | ||||||||
Common questions about FiberLight
| When was FiberLight founded? | FiberLight was founded in 1998. |
| Where is FiberLight headquartered? | FiberLight is headquartered in Alpharetta, GA, United States. |
| Is FiberLight publicly listed? | No, FiberLight was acquired by Morrison & Co in June 2022. |
| Who acquired FiberLight? | FiberLight was acquired by Morrison & Co in June 2022. |
| How much was FiberLight acquired for? | FiberLight was acquired for $1B in June 2022, a 71.4x revenue multiple. |
| How much funding has FiberLight raised? | FiberLight has raised $325M across 1 funding round. |
| What was FiberLight's last funding round? | FiberLight's last funding round was a $325M undisclosed-stage round in September 2020. |
| Who are FiberLight's investors? | FiberLight's investors include Guggenheim Partners. |
| Which companies are comparable to FiberLight? | Companies comparable to FiberLight include Tarana Wireless, Electric, BrightView, Matrix Design Co., Superloop and GlasfaserPlus. |
| How many companies has FiberLight acquired? | FiberLight has acquired 1 company, including Metro Fiber Networks. |
See companies similar to FiberLight
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.




