Tiger Infrastructure to acquire majority interest in Hudson Fiber Network

NEW YORK, US: Tiger Infrastructure Partners (“Tiger”) has announced the signing of a definitive agreement to acquire a majority interest in Hudson Fiber Network (“HFN” or the “Company”). The transaction is expected to close during the fourth quarter of 2014, following customary regulatory approval. Further terms of the transaction were not disclosed.

Established in 2002 and headquartered in Paramus, New Jersey, Hudson Fiber Network is a premier data transport provider for financial, carrier and enterprise clients. The Company has rapidly evolved into a provider of purpose-built, flexible networking solutions utilizing high bandwidth fiber, wireless and hybrid solutions coupled with state-of-the-art technology. Management of HFN will retain a significant minority stake in the Company.

“We look forward to building a powerful synergistic partnership with Tiger, as we embark on this next chapter of growth,” said Brett Diamond, CEO of HFN. “The expertise and resources Tiger provides will fuel our network expansion and support and enhance our solutions delivery across our fast-growing customer base,” added Keith Muller, COO of HFN.

“We believe that HFN, with its talented senior leadership team, is poised for the next level of success,” said Emil Henry, managing partner of Tiger Infrastructure Partners. “We are delighted to join the HFN team as its new capital partner and we look forward to applying our resources to support HFN and its continued growth.”