SummitIG and Neutral Networks Form Fiber Joint Venture in Mexico
09.09.24
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Simpson Thacher represented SDC Capital Partners and its portfolio company, SummitIG, a provider of network solutions and bandwidth infrastructure services for carriers, data centers and content providers, in the formation of SierraIG, a joint venture with Neutral Networks, an affiliate of Even Group. SierraIG will focus on the construction and operation of purpose-built and underground dense fiber infrastructure in key data center markets throughout Mexico starting with the Querétaro and Monterrey markets. The transaction closed on July 26, 2024.
The Simpson Thacher team included Gabriel Silva, Isabella Correa and Doug Ogata (M&A).