Latham & Watkins Advises Ascendant in Long-Haul Dark Fiber Transaction

DC BLOX, a leading provider of secure and reliable data centers across the Southeast, has announced that it has acquired the Southeastern fiber assets from Light Source Communications and Ascendant Capital Fiber, including a unique dark fiber network connecting South Carolina to Georgia that is currently in development. This acquisition positions DC BLOX as a premier vertically integrated digital infrastructure, data center and connectivity provider in the Southeastern United States. Post Road Group, Bain Capital, and Ascendant Capital Partners are providing DC BLOX with the financial support to accelerate deployment of digital infrastructure across the Southeast.

Latham & Watkins LLP represented Ascendant Capital Partners in the transaction with a M&A team led by Boston/Chicago partner Ian Bushner and Chicago associates Lucy Chauvin and Byron Patton. Advice was also provided on real estate matters by Chicago partner Gary Axelrod; on corporate matters by Boston/Chicago partner Neal Reenan; on telecommunications regulatory matters by Washington, D.C. partner James Barker and Washington, D.C. counsel Elizabeth Park; on tax matters by Bay Area partner Katharine Moir, with Bay Area associate Alexander Farris; on project finance matters by New York partner Chirag Dedania, with associates Tianyu Wang and Isabelle Foley; and on benefits and compensation matters by Chicago partner Benjamin Rosemergy.