Palisade Infrastructure Acquires Rainier Connect

Palisade Infrastructure has successfully concluded the acquisition of Mashell, the parent company of Rainier Connect. Ranier Connect, a fiber and hybrid fiber coaxial (HFC) broadband provider in Washington State, will now operate under Palisade’s new Lightcurve brand. The rebranding represents the “beginning of significant investments in the fiber optic internet infrastructure.” The infrastructure investment company originally announced its plans to acquire Rainier Connect in December 2022. Lightcurve currently serves Tacoma, Eatonville, Centralia, Chehalis and Graham in Washington. Over the coming months, Palisade will make upgrades to the current network and invest in expansion to new markets across several counties in the state including Pierce, King, Lewis, Snohomish and Thurston. The deal is a first step in the creation of a “regional platform for fiber and high-speed broadband connectivity," said Mike Reynolds, Palisade’s managing director, Americas. He added, "There’s a huge hole in the rural and under-resourced communities that needs to be filled with broadband, and we are committed to closing the digital divide."