--- title: Zayo Group Completes Acquisition and Round of Fundraising of AboveNet description: Zayo Group Completes Acquisition and Round of Fundraising of AboveNet --- - [Contact JSA](https://www.jsa.net/contact/) - [Tech & Telecom News Now](https://www.jsa.net/blog/) [Twitter](https://twitter.com/telecompr) [YouTube](https://www.youtube.com/user/JaymieScottoTV) [Linkedin](https://www.linkedin.com/company/jaymie-scotto-%26-associates) [Facebook](https://www.facebook.com/JaymieScottoandAssociates) [![JSA – Jaymie Scotto & Associates Logo](https://blog.jsa.net/hubfs/JSA_March2019%20Theme/images/jsa-logo-120h.png) ![JSA – Jaymie Scotto & Associates Logo](https://blog.jsa.net/hubfs/JSA_March2019%20Theme/images/jsa-logo-60h.png) ![JSA – Jaymie Scotto & Associates Logo](https://blog.jsa.net/hubfs/JSA_March2019%20Theme/images/jsa-logo-60h.png)](https://www.jsa.net/) - [Company](https://www.jsa.net/#) - [Our Core Values](https://www.jsa.net/core-values/) - [Our Team](https://www.jsa.net/team/) - [Our Clients](https://www.jsa.net/clients/) - [Our Story](https://www.jsa.net/our-story/) - [Giving Back](https://www.jsa.net/giving-back/) - [Our News](https://www.jsa.net/jsa-news/) - [Our Partners](https://www.jsa.net/partners/) - [Services](https://www.jsa.net/#) - [Public Relations & Content](https://www.jsa.net/public-relations/) - [Digital Marketing](https://www.jsa.net/digital-marketing/) - [Consultation](https://www.jsa.net/pr-marketing-consultation/) - [Website & Design](https://www.jsa.net/website-design-development/) - [Video & WebCasts](https://www.jsa.net/video-marketing-webcasts/) - [Event Planning](https://www.jsa.net/event-planning/) - [Portfolio](https://www.jsa.net/portfolio/) - [Pricing](https://www.jsa.net/pricing/) - [Regions](https://www.jsa.net/#) - [United States](https://www.jsa.net/united-states/) - [Canada](https://www.jsa.net/canada/) - [Europe](https://www.jsa.net/europe/) - [Flexibility](https://www.jsa.net/#) - [Small Company Offerings](https://www.jsa.net/small-company/) - [Medium Company Packages](https://www.jsa.net/medium-company/) - [Large Company Partnerships](https://www.jsa.net/large-company/) - [Channels](https://www.jsa.net/#) - [Telecom Exchange (TEX)](https://www.jsa.net/tex/) - [CEO Exchange](https://www.jsa.net/ceo-exchange/) - [JSA TV](https://www.jsa.net/jsa-tv/) - [JSA Radio](https://www.jsa.net/jsa-radio/) - [Virtual CEO Roundtables](https://www.jsa.net/virtual-roundtables/) - [Women’s Speaking Initiative](https://www.jsa.net/womens-speaking-initiative/) - [Industry Events](https://www.jsa.net/industry-events) - [Blog](https://www.jsa.net/blog/) - [Company](https://www.jsa.net/#) - [Our Core Values](https://www.jsa.net/core-values/) - [Our Team](https://www.jsa.net/team/) - [Our Clients](https://www.jsa.net/clients/) - [Our Story](https://www.jsa.net/our-story/) - [Giving Back](https://www.jsa.net/giving-back/) - [Our News](https://www.jsa.net/jsa-news/) - [Our Partners](https://www.jsa.net/partners/) - [Services](https://www.jsa.net/#) - [Public Relations & Content](https://www.jsa.net/public-relations/) - [Digital Marketing](https://www.jsa.net/digital-marketing/) - [Consultation](https://www.jsa.net/pr-marketing-consultation/) - [Website & Design](https://www.jsa.net/website-design-development/) - [Video & WebCasts](https://www.jsa.net/video-marketing-webcasts/) - [Event Planning](https://www.jsa.net/event-planning/) - [Portfolio](https://www.jsa.net/portfolio/) - [Pricing](https://www.jsa.net/pricing/) - [Regions](https://www.jsa.net/#) - [United States](https://www.jsa.net/united-states/) - [Canada](https://www.jsa.net/canada/) - [Europe](https://www.jsa.net/europe/) - [Flexibility](https://www.jsa.net/#) - [Small Company Offerings](https://www.jsa.net/small-company/) - [Medium Company Packages](https://www.jsa.net/medium-company/) - [Large Company Partnerships](https://www.jsa.net/large-company/) - [Channels](https://www.jsa.net/#) - [Telecom Exchange (TEX)](https://www.jsa.net/tex/) - [CEO Exchange](https://www.jsa.net/ceo-exchange/) - [JSA TV](https://www.jsa.net/jsa-tv/) - [JSA Radio](https://www.jsa.net/jsa-radio/) - [Virtual CEO Roundtables](https://www.jsa.net/virtual-roundtables/) - [Women’s Speaking Initiative](https://www.jsa.net/womens-speaking-initiative/) - [Industry Events](https://www.jsa.net/industry-events) - [Blog](https://www.jsa.net/blog/) # Zayo Group Completes Acquisition and Round of Fundraising of AboveNet Zayo Group has completed its previously announced acquisition of AboveNet. The combined company will operate in 45 states in the U.S. and 7 countries in North America and Europe. Its network spans over 61,000 route miles with 4.6 million miles of fiber. The combined network serves approximately 9,000 buildings including major data centers, telecommunications hubs, enterprise buildings and cellular towers. [![](https://static.hsstatic.net/BlogImporterAssetsUI/ex/missing-image.png "Screen shot 2012-07-02 at 11.00.13 AM")](https://blog.jsa.net/hubfs/Imported_Blog_Media/Screen-shot-2012-07-02-at-10_34_24-AM.png)Additionally Zayo has completed $3.34 billion in equity and debt financing in conjunction with the close of AboveNet and the refinancing of all existing Zayo and AboveNet debt. GTCR LLC, a leading Chicago-based private equity firm, led a $472 million round of new equity financing. Zayo also closed on $2.87 billion of new debt in the form of a term loan and senior secured and unsecured notes, plus a $250 million revolving credit facility which is undrawn. Since announcing the acquisition on March 19th, Zayo and AboveNet staff have been working together to develop a comprehensive integration plan.  The plan encompasses physical network integration, organization plans, and a single set of processes and IT systems.  The network interconnection work has been initiated and is expected to be mostly complete in three months. For more information on Zayo, visit [www.zayo.com](http://www.zayo.com).   [Acquisition](https://blog.jsa.net/blog/tag/acquisition), [Content](https://blog.jsa.net/blog/tag/content), [dark fiber](https://blog.jsa.net/blog/tag/dark-fiber), [debt financing](https://blog.jsa.net/blog/tag/debt-financing), [enterprise](https://blog.jsa.net/blog/tag/enterprise), [fiber](https://blog.jsa.net/blog/tag/fiber), [Financial](https://blog.jsa.net/blog/tag/financial-2), [Internet](https://blog.jsa.net/blog/tag/internet), [low latency](https://blog.jsa.net/blog/tag/low-latency), [network growth](https://blog.jsa.net/blog/tag/network-growth), [mobile](https://blog.jsa.net/blog/tag/mobile), [AboveNet](https://blog.jsa.net/blog/tag/abovenet), [Broadband](https://blog.jsa.net/blog/tag/broadband), [broadband](https://blog.jsa.net/blog/tag/broadband-2), [economy](https://blog.jsa.net/blog/tag/economy), [Ethernet](https://blog.jsa.net/blog/tag/ethernet), [bandwidth](https://blog.jsa.net/blog/tag/bandwidth), [bandwidth infrastructure](https://blog.jsa.net/blog/tag/bandwidth-infrastructure), [business acquisition](https://blog.jsa.net/blog/tag/business-acquisition), [carrier](https://blog.jsa.net/blog/tag/carrier), [Bandwidth Infrastructure](https://blog.jsa.net/blog/tag/bandwidth-infrastructure-2), [colocation](https://blog.jsa.net/blog/tag/colocation), [Data Center](https://blog.jsa.net/blog/tag/data-center), [global expansion](https://blog.jsa.net/blog/tag/global-expansion), [gtcr](https://blog.jsa.net/blog/tag/gtcr), [interconnection](https://blog.jsa.net/blog/tag/interconnection), [network route](https://blog.jsa.net/blog/tag/network-route), [wireless](https://blog.jsa.net/blog/tag/wireless), [technology trends](https://blog.jsa.net/blog/tag/technology-trends), [Telecom](https://blog.jsa.net/blog/tag/telecom), [Telecommunications](https://blog.jsa.net/blog/tag/telecommunications), [zayo](https://blog.jsa.net/blog/tag/zayo), [zayo group](https://blog.jsa.net/blog/tag/zayo-group) #### Share This Article [mailto:?body=https://blog.jsa.net/blog/zayo-group-completes-acquisition-and-round-of-fundraising-of-abovenet/8897](mailto:?body=https://blog.jsa.net/blog/zayo-group-completes-acquisition-and-round-of-fundraising-of-abovenet/8897) TEX Dallas 2019 is taking place on March 13, 2019 at the Aloft Dallas Downtown. 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