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Greenlight Networks acquires Loop Internet

PRIVATEJul 29, 202611 days ago

Acquiring Company

Greenlight Networks

Acquired Company

Loop Internet

RochesterScrantonInternet ServicesHardwareInternet

Description

Greenlight Networks has expanded its reach in Northeast Pennsylvania by acquiring Loop Internet. This acquisition added nearly 36,000 potential customers to Greenlight's footprint. The company is also extending its services to additional areas, including Reading through another purchase. Greenlight now serves over 320,000 homes and businesses across its operating regions.

Company Information

Company

Greenlight Networks

Location

Rochester, New York, United States

About

Greenlight Networks is an ultra-high-speed, broadband service provider, offering residential and small business customers Internet speeds up to 2 Gigabits per second. Greenlight Networks was founded in 2011 and builds, owns, and operates a fiber-optic network that provides extremely high-speed Internet connections. The company currently provides high-speed fiber internet to approximately 80,000 homes in 20 municipalities in the Rochester, Buffalo and Binghamton areas. For more information, visit GreenlightNetworks.com or find it on Facebook.com/GreenlightNetworks, and @GreenlightFiber on Twitter.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired Loop Internet?

Loop Internet was acquired by Greenlight Networks, based in Rochester. The deal was reported on July 29, 2026. Greenlight Networks is an ultra-high-speed, broadband service provider, offering residential and small business customers Internet speeds up to 2 Gigabits per second. Greenlight Networks is privately held and operates in Internet Services.

When did Greenlight Networks acquire Loop Internet?

Greenlight Networks's acquisition of Loop Internet was reported on July 29, 2026. Greenlight Networks has expanded its reach in Northeast Pennsylvania by acquiring Loop Internet. This acquisition added nearly 36,000 potential customers to Greenlight's footprint. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Loop Internet do?

Loop Internet is a locally-owned and operated internet provider, founded in 2015. It specializes in providing fiber internet services with a focus on transparent pricing and local investment. It is privately held, operating in Hardware, and is based in Scranton.

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