Bain and Tillman close $1.5B Eaton Fiber investment and Ripple Fiber buy

Bain Capital and Tillman Global Holdings completed their $1.5 billion investment in Eaton Fiber, a Tillman affiliate, along with Eaton Fiber's acquisition of Ripple Fiber. The transactions were first announced in July 2026. They give Eaton Fiber long-term capital and a larger operating platform to build fiber infrastructure supporting Verizon's expansion.

Why it matters: Private capital keeps pouring into fiber buildouts as carriers like Verizon race to extend their broadband footprints.