Bain Capital leads $1.5B investment in Eaton Fiber for Verizon expansion

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Go back to Bain Capital leads $1.5B investment in Eaton Fiber for Verizon expansion

Bain Capital and Tillman Global Holdings Announce $1.5 Billion Investment in Eaton Fiber to Power the Expansion of Verizon Fiber Broadband across the United States

July 29, 2026 7:00 AM EDT

Supported by the acquisition of Ripple Fiber, Eaton Fiber will bring Verizon fiber broadband to over a million locations outside Verizons current fiber footprint over the next few years

BOSTON & NEW YORK--(BUSINESS WIRE)-- Bain Capital and Tillman Global Holdings (Tillman) today announced a $1.5 billion investment in Eaton Fiber, an affiliate of Tillman, to accelerate the expansion of Verizon fiber broadband through fiber network deployment across the United States. The investment, which was led by Bain Capital's Special Situations team, fully funds the acquisition of Ripple Fiber and the next phase of Eaton Fiber's network... More