Dechert Reps Court Square In $500M Fibertech Buy

Law360, New York (August 26, 2010, 1:15 PM EDT) -- Private equity firm Court Square Capital Partners has inked a deal to acquire privately held regional fiber-optic bandwidth services provider Fibertech Networks in a transaction valued at more than $500 million.

Under the deal, Fibertech will continue as a private company, and Court Square will acquire the firm from its original investors, Nautic Partners and Ridgemont Equity Partners.

The agreement has been approved by the Fibertech board of directors and is expected to close in the second half of 2010, Fibertech said, subject to the completion...
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