
LiveOak Fiber, a high-growth fiber-to-the-home internet provider, today announced it has secured a $425 million credit facility from Oak Hill Advisors (“OHA”) and Palistar Capital to support continued network expansion across the Southeast region. The new capital will help LiveOak Fiber shape its vision for the future, extending its all-fiber footprint and accelerating internet connectivity across the company’s existing and planned markets.
With this expansion, LiveOak Fiber is not only fostering connections and boosting local economies but also enhancing quality of life in its service areas.
“LiveOak Fiber has achieved rapid expansion in a short period of time,” said Shane Schilling, CEO of LiveOak Fiber. “What differentiates LiveOak Fiber is our fiercely local operating model. We have full-time local teams on the ground delivering installation, support, and community engagement, and with this new funding, we are positioned to accelerate our build-out and continue gaining momentum across our footprint.”
“We’re proud of the platform we’ve built alongside LiveOak Fiber,” said Filip Guz, Partner at InfraRed Capital Partners. “This additional capital is a strong signal of confidence in the team and reinforces LiveOak as a fully integrated growth engine with substantial long-term value.”
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LiveOak Fiber is meeting rising demand for dependable internet connectivity by deploying long-term digital infrastructure designed to serve communities for decades.
“LiveOak Fiber is being built to scale across every customer type, from single-family homes to businesses to multi-tenant communities,” said Steve Smith, Founder and Chief Revenue Officer of LiveOak Fiber. “This investment enables us to continue to drive lasting value while consistently delivering a premium customer experience across our markets.”
Every new LiveOak Fiber connection fuels local economic vitality, expands learning possibilities, and ensures effortless connectivity across its service areas. By driving business productivity, evolving with AI, facilitating remote work, and powering smart home technology, LiveOak’s high-speed internet provides the essential tools for communities to excel in a modern digital world.
LiveOak Fiber has created over 150 local jobs, is a certified Great Place to Work, and is powered by teams who live and work in the communities it serves — delivering a world-class customer experience and a 99.99% reliable network, with the fastest speeds and lowest latency across its footprint. Together, these strengths position LiveOak Fiber as the trusted platform for long-term connectivity and growth.
Read More - GA-based LiveOak Fiber Secures $250M in Funding






