"Bank Street was a true partner to Race as we looked to take our company to the next level and accelerate our broadband infrastructure deployment in underserved and unserved markets across California. The Bank Street team really understood our company and our business model as well as all elements of a transaction and allowed us to quickly reach an agreement with Oak Hill. The Race family is excited to establish a long-term partnership with Oak Hill and continue our relationship with Bank Street as a trusted advisor." Raul Alcaraz Founder & Chief Executive Officer Race Communications "We at Oak Hill believe that reliable, high-speed access to the internet represents a fundamental underpinning of economic growth and equal opportunity for all Americans. We are extremely excited to be partnering with a founder- and family-owned local business, and with an outstanding management team led by CEO Raul Alcaraz. We are eager to extend Race's high-speed fiber network and outstanding customer service to many more underserved communities across California and the western U.S." Scott Baker Partner Oak Hill Capital |