Tillman gets $500 Million from Northleaf for open access fiber build in 5 states

Tillman FiberCo received a $200 million investment from Northleaf Capital Partners to fuel plans to build an open-access fiber network in five states. The deal with Northleaf leaves the door open to another $300 million investment when the time is right. Founded in 2021, Tillman FiberCo is a subsidiary of Tillman Global Holdings, whose other subsidiary, Tillman Networks, is a well-known player in the telecommunications construction world. But unlike its sister company, Tillman FiberCo not only designs and builds fiber networks, but also owns them. The company is specifically looking to build a position as a wholesale provider of open-access fiber networks for residential and business use. Sachit Ahuja, President of Tillman Global Holdings, added Tillman FiberCo has already received licenses to operate as a CLEC in Arizona, Colorado, Florida, Nevada, and Texas. Work on the network has already begun, with outside plant construction set to start later in 2023.