Houlihan Lokey Advises SwyftFiber

Houlihan Lokey is pleased to announce that SwyftFiber (Swyft) has received an equity investment from Macquarie Asset Management (MAM). The transaction closed on February 23, 2024.

Swyft’s management team brings decades of cumulative experience in building and operating broadband companies, and the company has achieved significant success in rapidly scaling broadband infrastructure. In addition, Swyft has strong partnerships with local and federal government agencies, having been selected to help improve broadband availability in underserved communities through the Louisiana GUMBO grant program and the National Telecommunications and Information Administration’s RDOF program.

Reliable internet connectivity is a basic infrastructure service today and a critical avenue to education, medical services, and job opportunities, among other modern needs. The investment will allow Swyft to accelerate the construction of fiber infrastructure in existing and new markets and continue the company’s growth, benefiting communities throughout the Gulf region.

“We believe that the combination of SwyftFyber’s proven ability to bring broadband to underserved areas and its significant growth potential represents a unique opportunity to invest in the rapidly growing consumer fiber sector,” said Karl Kuchel, CEO of Macquarie Infrastructure Partners. “We look forward to partnering with the SwyftFiber management team to support the future growth of the business.”

“I'm very proud to announce this new partnership with Macquarie Asset Management,” said Jason Hunt, Co-Founder and CEO of Swyft. “MAM has a highly respected track record in bringing fiber connectivity to underserved geographies and is aligned with our mission of providing high-speed internet to communities that have historically lacked investment in high-quality connectivity.”

Houlihan Lokey served as the exclusive financial advisor to Swyft in the transaction.

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