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Wire 3 Secures $235M to Expand Florida Fiber Network

7/12/2025

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Summary

Story summary

Wire 3, a Daytona Beach fiber provider, has successfully secured $235 million in private credit financing to broaden its network throughout Florida. This significant investment, spearheaded by Oak Hill Capital and Guggenheim Investments, is set to improve connectivity in underserved regions. Since its inception in 2021, Wire 3 has raised over $550 million, fueling its ambitious growth.

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Story summary

Wire 3, a Daytona Beach fiber provider, has successfully secured $235 million in private credit financing to broaden its network throughout Florida. This significant investment, spearheaded by Oak Hill Capital and Guggenheim Investments, is set to improve connectivity in underserved regions. Since its inception in 2021, Wire 3 has raised over $550 million, fueling its ambitious growth.