"Bank Street has been a true partner to FiberLight, providing valuable strategic guidance while demonstrating unwavering commitment that enabled our company to successfully navigate the unprecedented volatility of the capital markets amid the onset of the COVID-19 pandemic. This strategic recapitalization positions FiberLight to execute on our mission to provide enterprise, institutional, hyperscale and carrier customers with the customized solutions they require to expand or reinvent their fiber network infrastructure in a period of extraordinary growth in demand for bandwidth."

"Leveraging strong sector expertise and deep understanding of BestWeb's core E-rate and enterprise strategy, Bank Street worked closely with the BestWeb team in order to deliver an outstanding outcome for the ownership group. The FirstLight transaction marks an important new chapter in our history of providing high quality services and support to our clients in Westchester, Rockland and Putnam counties."