Omni Fiber, a leading provider of high-speed fiber optic internet services in the Midwest, today announced a merger with Lit Fiber, the leading provider of fiber Internet services in Medina County, Ohio. Lit Fiber is currently expanding its network into surrounding communities and is building a state-of-the-art fiber network in Brownsville, Texas.
“We are thrilled to welcome Lit Fiber and their associates to Omni Fiber,” said Darrick Zucco, CEO of Omni Fiber. “Lit Fiber’s network in Ohio is adjacent to our network and working together will allow our teams to move faster into new markets, operate more efficiently, and serve our customers better.”
“The merger with Omni Fiber will help us accelerate our expansion plans and reach more underserved communities with the same exceptional local service our customers are used to,” said Andrew Massey, CEO of Lit Fiber.
Existing Lit Fiber customers will become eligible for faster speeds (up to 10 Gbps) once the network and systems integration activities are completed in early 2025.
Both Omni Fiber and Lit Fiber are majority-owned by Oak Hill Capital, an experienced investor in the fiber-to-the-home space. “This transaction will allow both companies to expand more quickly and improve the services offered to Lit Fiber’s customers. It is a win-win for current and future customers”, said Scott Baker, Managing Partner at Oak Hill. Other Lit existing shareholders, including Stephens Capital Partners (“Stephens”) and The Pritzker Organization (“TPO”), are remaining shareholders and plan to continue to support the business going forward.