Jamieson is delighted to announce that it has advised FirstLight’s management team as part of Antin Infrastructure Partners’ recent acquisition from Oak Hill Capital Partners.
FirstLight, headquartered in Albany, New York, provides fiber-optic data, Internet, data center, cloud and voice services to enterprise and carrier customers throughout the Northeast connecting more than 8,000 locations in service with more than 40,000 locations serviceable by its 14,000 route mile fiber network.
Jamieson advised on the terms of management’s new equity plan to be implemented under Antin’s ownership. “We were able to use our knowledge and experience of US incentive plans alongside our recent experience of transactions in the sector to support the team as part of the negotiations,” commented John Greenland, US Managing Partner.
Kurt Van Wagenen, President and Chief Executive Officer of FirstLight comments, “It is important to me and my management team that we have an optimized incentive structure that properly rewards employees for their efforts, while balancing the needs of our owners. The Jamieson team was able to advise us on best practices and implement an incentive framework that helped us to meet these objectives.”
Jamieson Corporate Finance US, LLC is a member of FINRA/SIPC.