Houlihan Lokey Advises Gigstreem

Houlihan Lokey is pleased to announce that Gigstreem, a leading provider of high-quality broadband connectivity to multi-family and commercial properties and a portfolio company of Crestline Investors, has closed its inaugural asset-backed financing. The transaction closed on August 27, 2025.

The deal was issued to a group of institutional investors at a fixed rate and received private credit ratings from a rating agency. This transaction represents the first-ever ABS in the bulk multi-dwelling unit broadband sector, establishing a new industry benchmark and highlighting strong investor demand for platforms with long-term contracts, proven partners, and significant growth potential.

The funds will accelerate Gigstreem’s expansion into more multi-family communities, strengthen its balance sheet, and support ongoing business initiatives.

Founded in 2017, Gigstreem provides property-wide internet and managed Wi-Fi solutions to large multi-family communities across 26 states. Through long-term partnerships and a growing national footprint, Gigstreem is building the future of broadband for residents and property owners.

Houlihan Lokey acted as the sole structuring agent and sole placement agent.

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