""Macquarie Capital has been a strong partner," said Ryan Delack, Chief Financial Officer of Surf Internet. "Their continued support allows us to deploy capital thoughtfully while maintaining the financial discipline needed to scale responsibly.""
""We are proud to continue supporting Surf Internet as it expands critical broadband infrastructure across the Great Lakes region," said Sam Southall, Managing Director, Infrastructure and Energy Capital at Macquarie Capital. "Surf's disciplined execution and impact-driven mission make it a standout partner in addressing the digital divide.""
Surf Internet serves communities across Indiana, Illinois, and Michigan and secured a new investment led by Macquarie Capital with participation from Bain Capital and Future Standard. In February 2025 Surf announced a $175 million equity investment to accelerate fiber deployment; the subsequent investment executes that commitment and funds the next stage of the company's fiber buildout. The capital will advance construction activity and prepare additional markets for launch. Macquarie Capital emphasized support for expanding critical broadband infrastructure across the Great Lakes region and noted Surf's disciplined execution and impact-driven mission. Surf aims to surpass 330,000 total passings in 2026, extending service to dozens of communities and supporting homes, schools, and businesses.
Read at Telecompetitor
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