IdeaTek Telcom secures a strategic investment from Oak Hill Capital and Pamlico Capital to enhance its infrastructure and expand its fiber network in Kansas.
Jul 08, 2025•5 months ago
Investors
Tpg PeppertreePamlico CapitalOak Hill Capital
Description
IdeaTek Telcom has announced a strategic investment from Oak Hill Capital and Pamlico Capital to accelerate the expansion of its fiber optic internet services across Kansas. This investment will enhance connectivity and drive economic development through job creation. Existing investor TPG Peppertree will sell its stake in IdeaTek to the new investors while also participating in the new funding. Efforts will begin in towns such as Emporia, Baxter Springs, and Wichita.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers