Core Insights - Turning Rock Partners announced the sale of South Reach Networks, a leading provider of hybrid fiber, colocation, and transport services, through a control buyout transaction by Blue Owl Capital's Digital Infrastructure strategy [1][2] - South Reach Networks has experienced growth in its colocation and fiber footprint through both organic expansion and strategic acquisitions, led by its existing management team [2] - Blue Owl Capital expressed excitement about supporting South Reach Networks' expansion in Florida, highlighting the Southeast as a priority region for hyperscale customers [3] Company Overview - South Reach Networks is a Florida-based telecommunications infrastructure provider that constructs, owns, and operates a Metro & Long-Haul Fiber Optic Network spanning 370 miles along the East Coast of Florida [5] - The company provides global and domestic reach to a diverse ecosystem of carriers, subsea, enterprise, and wireless operators [5] Investment Context - Turning Rock Partners focuses on debt, equity, and hybrid investments in lower-middle market businesses in North America, offering bespoke financing solutions [4] - Blue Owl Capital manages over $273 billion in assets as of March 31, 2025, and invests across multiple strategies including Credit, Real Assets, and GP Strategic Capital [6]