DC BLOX Acquires Fiber Assets from Light Source, Ascendant Capital

DC BLOXa provider of secure and reliable data centers across the Southeast, has acquired the Southeastern fiber assets from Light Source Communications and Ascendant Capital Fiber, including a dark fiber network connecting South Carolina to Georgia that is in development.

Following DC BLOX’s recent announcement that it is building a Cable Landing Station (CLS) in Myrtle Beach, South Carolina, the acquisition positions DC BLOX as a premier vertically integrated digital infrastructure, data center and connectivity provider in the Southeastern United States.

Construction is underway on the high-capacity, long-haul dark fiber route that will run from the Myrtle Beach CLS through Charleston, Augusta, and downtown Atlanta’s major connectivity centers, landing in Lithia Springs, Ga. The CLS and the terrestrial dark fiber route are planned to be completed in 2023.

As part of the dark fiber transaction, Light Source’s co-founder and Chief Executive Officer Debra Freitas, and co-founder, President and Chief Operating Officer Pete Empie will join DC BLOX and will be responsible for continuing to drive the development of new fiber network infrastructure to support the company’s customers and facilities.

In addition, DC BLOX has added Mark Fortier, who most recently served as Vice President, Technology Infrastructure Sales at FiberLight, to develop carrier and hyper-scaler relationships for connectivity and data center solutions.

Post Road Group, Bain Capital, and Ascendant Capital Partners, Light Source’s principal investor, are providing DC BLOX with the financial support to accelerate the deployment of digital infrastructure across the Southeast.

The nearly 500-mile route from Myrtle Beach to Atlanta will carry high-capacity dark fiber as well as a duct bank for future cables and can serve as a diverse geographic route from Ashburn, Va., to the Southeastern region. This project represents another significant investment in digital infrastructure by DC BLOX in South Carolina, following the opening of its Greenville data center in January 2022 and the announcement of the Myrtle Beach CLS.