GRAIN MANAGEMENT


Associated tags: Telecommunications

Locations: WASHINGTON, ONTARIO, NORTH AMERICA, CANADA, EUROPE, DISTRICT OF COLUMBIA, ERNST, GREY, ALASKA

LightRiver Continues Expansion of Team; Appoints Jason Konzak as SVP of Network Services

Retrieved on: 
Thursday, May 2, 2024

CONCORD, Calif., May 2, 2024 /PRNewswire/ -- LightRiver, the premier productivity solutions provider for next generation, multi-vendor, Factory Built Networks® and netFLEX® Transport Domain Orchestration and Control Software solutions, is pleased to announce the appointment of Jason Konzak as Senior Vice President of Network Services. This appointment enhances LightRiver's position as the leading independent provider of transport network design, deployment, automation and operational support services.

Key Points: 
  • This appointment enhances LightRiver's position as the leading independent provider of transport network design, deployment, automation and operational support services.
  • In his new role, Konzak will play a pivotal role in optimizing LightRiver's Factory Built Networks portfolio, while expanding and scaling vital, software-based, network support services.
  • Konzak brings over two decades of industry experience in growing and leading professional and managed services organizations, enriching LightRiver with his extensive IT background.
  • "Jason is another critical piece in our growth story as his success with Cloud, Datacenter & Telco managed services are a perfect fit," states Mike Jonas, CEO of LightRiver.

Grain Management Invests in Leading Michigan-based Telecom Provider, 123NET

Retrieved on: 
Monday, April 22, 2024

123NET has been at the forefront of Michigan connectivity since its founding in 1995.

Key Points: 
  • 123NET has been at the forefront of Michigan connectivity since its founding in 1995.
  • The company has built an expansive 3,100 route mile network including long haul and dense metro fiber network in Michigan's largest cities.
  • "Grain is a sophisticated investor that shares our values and unwavering commitment to best-in-class service for Michigan businesses and communities.
  • "Grain's partnership with 123NET is the culmination of a multi-year relationship with this long-standing and experienced management team, and we are thrilled to be partnering with them," said Raghav Nayar, Managing Director at Grain.

Phoenix Tower International Announces Investment from Grain Management and BlackRock to Continue Global Expansion

Retrieved on: 
Wednesday, March 27, 2024

BOCA RATON, Fla., March 27, 2024 /PRNewswire/ -- Phoenix Tower International ("PTI" or the "Company"), a leading global wireless communications infrastructure provider, today announced that Grain Management ("Grain"), through its flagship funds, and BlackRock, through a fund managed by its Diversified Infrastructure business ("BlackRock") have made a strategic investment in the Company.

Key Points: 
  • BOCA RATON, Fla., March 27, 2024 /PRNewswire/ -- Phoenix Tower International ("PTI" or the "Company"), a leading global wireless communications infrastructure provider, today announced that Grain Management ("Grain"), through its flagship funds, and BlackRock, through a fund managed by its Diversified Infrastructure business ("BlackRock") have made a strategic investment in the Company.
  • The investment will support PTI's future growth in providing critical tower infrastructure to new and existing markets around the world.
  • Grain and BlackRock are joining Blackstone as investors behind PTI as they seek to further grow and expand the business.
  • "We welcome Grain Management and BlackRock as investors in Phoenix Tower International and look forward to leveraging their strong track records in digital infrastructure investing to support our continued expansion," said Dagan Kasavana, Founder and Chief Executive, Phoenix Tower International.

Phoenix Tower International Announces Investment from Grain Management and BlackRock to Continue Global Expansion

Retrieved on: 
Wednesday, March 27, 2024

BOCA RATON, Fla., March 27, 2024 /PRNewswire/ -- Phoenix Tower International ("PTI" or the "Company"), a leading global wireless communications infrastructure provider, today announced that Grain Management ("Grain"), through its flagship funds, and BlackRock, through a fund managed by its Diversified Infrastructure business ("BlackRock") have made a strategic investment in the Company.

Key Points: 
  • BOCA RATON, Fla., March 27, 2024 /PRNewswire/ -- Phoenix Tower International ("PTI" or the "Company"), a leading global wireless communications infrastructure provider, today announced that Grain Management ("Grain"), through its flagship funds, and BlackRock, through a fund managed by its Diversified Infrastructure business ("BlackRock") have made a strategic investment in the Company.
  • The investment will support PTI's future growth in providing critical tower infrastructure to new and existing markets around the world.
  • Grain and BlackRock are joining Blackstone as investors behind PTI as they seek to further grow and expand the business.
  • "We welcome Grain Management and BlackRock as investors in Phoenix Tower International and look forward to leveraging their strong track records in digital infrastructure investing to support our continued expansion," said Dagan Kasavana, Founder and Chief Executive, Phoenix Tower International.

Y-COM Announces Rob Hughart as Chief Executive Officer

Retrieved on: 
Saturday, March 9, 2024

MELBOURNE, Fla., March 9, 2024 /PRNewswire/ -- Young's Communications, LLC ("Y-COM" or the "Company"), a premier Florida-based construction services provider to telecommunications, utility, and power infrastructure companies, backed by Grain Management, LLC ("Grain"), today announced that Rob Hughart, Y-COM's Chief Operating Officer, has been appointed as the company's Interim Chief Executive Officer as part of its transformational growth plan for 2024.

Key Points: 
  • MELBOURNE, Fla., March 9, 2024 /PRNewswire/ -- Young's Communications, LLC ("Y-COM" or the "Company"), a premier Florida-based construction services provider to telecommunications, utility, and power infrastructure companies, backed by Grain Management, LLC ("Grain"), today announced that Rob Hughart, Y-COM's Chief Operating Officer, has been appointed as the company's Interim Chief Executive Officer as part of its transformational growth plan for 2024.
  • Mr. Hughart will take over from outgoing CEO Chad Rasmussen as he steps down to pursue other personal and professional endeavors.
  • Prior to joining Y-COM, Hughart held leadership roles at Tilson Technology, KGPCo, Frontier Communications, Verizon, and Bell Atlantic.
  • We are confident that Rob, as an accomplished operator, will advance Y-COM's already strong leadership team in pursuit of continued growth."

Grain Management Announces Erika Gray as Chief Financial Officer

Retrieved on: 
Thursday, February 22, 2024

WASHINGTON, Feb. 22, 2024 /PRNewswire/ -- Grain Management, LLC ("Grain" or the "Firm"), a trusted solutions provider to the broadband and communications industry, is pleased to announce the hiring of Erika Gray as Chief Financial Officer amid robust firm growth.

Key Points: 
  • WASHINGTON, Feb. 22, 2024 /PRNewswire/ -- Grain Management, LLC ("Grain" or the "Firm"), a trusted solutions provider to the broadband and communications industry, is pleased to announce the hiring of Erika Gray as Chief Financial Officer amid robust firm growth.
  • Ms. Gray brings extensive experience from her time in financial services, both in asset management and in auditing.
  • She will oversee the management and implementation of finance-related activities at the Firm, and work closely with the Grain team across accounting, financial and tax reporting, treasury, and strategic financial planning functions.
  • Ms. Gray joins Grain from EJF Capital LLC, where she was also Chief Financial Officer and a member of the Executive, Valuation, and Risk Committees.

Grain Management Completes Acquisition of American Arctic Fiber Provider, Quintillion

Retrieved on: 
Thursday, February 15, 2024

WASHINGTON, Feb. 15, 2024 /PRNewswire/ -- Grain Management, LLC ("Grain") , a trusted solutions provider to the broadband and communications industry, announced today that it has completed its acquisition of QSH Parent Holdco LLC ("Quintillion" or the "Company") , the leading provider of fiber-based connectivity in Alaska and the North American Arctic.

Key Points: 
  • WASHINGTON, Feb. 15, 2024 /PRNewswire/ -- Grain Management, LLC ("Grain") , a trusted solutions provider to the broadband and communications industry, announced today that it has completed its acquisition of QSH Parent Holdco LLC ("Quintillion" or the "Company") , the leading provider of fiber-based connectivity in Alaska and the North American Arctic.
  • The acquisition brings this high-capacity broadband network provider into the Grain network of mission-critical broadband infrastructure and communications businesses.
  • Quintillion sells broadband connectivity, satellite ground station, and edge processing services to government and commercial telecommunication providers in the North American Arctic.
  • "The Grain team is excited to get to work alongside the talented leadership team at Quintillion," said Chad Crank, Managing Director at Grain .

Grain Management Announces Promotions, Recognizing Corporate Excellence and Outstanding Performance

Retrieved on: 
Wednesday, January 24, 2024

WASHINGTON, Jan. 24, 2024 /PRNewswire/ -- Grain Management, LLC ("Grain"), a trusted solutions provider to the broadband and communications industry, announced today three senior-level investment team promotions.

Key Points: 
  • WASHINGTON, Jan. 24, 2024 /PRNewswire/ -- Grain Management, LLC ("Grain"), a trusted solutions provider to the broadband and communications industry, announced today three senior-level investment team promotions.
  • Grain said, "Without the outstanding leadership and performance of these individuals, the exceptional growth of our Firm and the success we have seen over the past year would not have been possible.
  • Ms. Berger joined Grain in 2019 as a Senior Associate after starting her career in investment banking and asset finance.
  • Along with Berger, Heidari, and Zhou, Grain made 15 additional promotions on its Investment and Operations & Administrations teams effective January 2024.

LightRiver Expands Leadership Team, Appoints Jim Brinksma as SVP of Software Solutions

Retrieved on: 
Wednesday, January 17, 2024

CONCORD, Calif., Jan. 17, 2024 /PRNewswire/ -- LightRiver, the premier productivity solutions provider for next generation, multi-vendor, Factory Built Networks® and netFLEX® Transport Domain Orchestration and Control Software, announces today the appointment of Jim Brinksma as Senior Vice President of Software Solutions. The appointment strengthens LightRiver's leadership team with a SaaS native, while maximizing market opportunities in the era of open optical networking and practical automation. This strategic move is set to further scale the company's services and magnify the impact of its platform in the industry. In his role at LightRiver, Brinksma will be instrumental in driving the expansion of LightRiver's portfolio globally, focusing on software automation and network monitoring, further enhancing fiber network operator efficiencies.

Key Points: 
  • CONCORD, Calif., Jan. 17, 2024 /PRNewswire/ -- LightRiver , the premier productivity solutions provider for next generation, multi-vendor, Factory Built Networks® and netFLEX® Transport Domain Orchestration and Control Software, announces today the appointment of Jim Brinksma as Senior Vice President of Software Solutions.
  • In his role at LightRiver, Brinksma will be instrumental in driving the expansion of LightRiver's portfolio globally, focusing on software automation and network monitoring, further enhancing fiber network operator efficiencies.
  • "I look forward to leveraging my experience to drive innovation and growth across LightRiver's software automation and productivity solutions.
  • Brinksma will be based out of LightRiver's Holmdel Software Development Center in New Jersey.

Douglas Fast Net Turns to LightRiver for 400G Regional Backbone Upgrade

Retrieved on: 
Thursday, October 26, 2023

DFN also selected Arista for its core routed network upgrade, which utilizes 400G ZR+ optics in a ring topology over the Smartoptics DCP-R-9D ROADM network.

Key Points: 
  • DFN also selected Arista for its core routed network upgrade, which utilizes 400G ZR+ optics in a ring topology over the Smartoptics DCP-R-9D ROADM network.
  • LightRiver employed its patented and award-winning Factory Built Network® Process (FBN) to ensure fast and predictable network deployment.
  • "LightRiver is excited to help Douglas Fast Net architect, deploy and support its new Open Optical Platform," states Matt Briley, SVP of LightRiver.
  • "We are pleased that LightRiver once again found Smartoptics to be the best solution in its rigorous evaluation process.