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SummitIG has completed its acquisition of Dark Fiber and Infrastructure from Blue Owl Capital, adding nearly 200 miles o

PR Newswire press release — first-hand.
Official disclosureSlicast · July 2, 2026 · Global · Source: PR Newswire

SummitIG, a leading pure-play dark fiber provider, announced on June 30, 2026, that it has completed the acquisition of Dark Fiber and Infrastructure, LLC from funds managed by Blue Owl Capital Inc., a major alternative asset manager. SDC Capital Partners, a digital infrastructure investment firm, has been the majority owner of SummitIG since 2019.

The acquisition significantly strengthens SummitIG's position as the market leader for dark fiber infrastructure across Virginia and marks the company's entry into Maryland. By combining DF&I's nearly 200 miles of conduit and dark fiber assets with SummitIG's existing footprint of over 1,100 miles of high-capacity dark fiber in Virginia, the merged platform creates unparalleled route diversity and density. The expanded network connects nearly 60 miles of distinct network into Maryland, reaching Baltimore.

Sunny Kumar, CEO of SummitIG, stated that the acquisition represents a significant milestone in the company's strategy to strengthen its platform in key markets. He emphasized that by integrating DF&I's complementary network, SummitIG can provide hyperscalers, carriers, and large enterprises with greater flexibility, deeper route diversity, and the capacity needed to support next-generation cloud and AI workloads.

The transaction occurs during a period of strong growth for SummitIG, which is expanding rapidly across five core domestic markets and recently established SierraIG, a strategic joint venture extending its infrastructure capabilities into Mexico. SummitIG is executing a comprehensive integration plan to seamlessly transition customers, operations, and network asset information while completing remaining active construction projects.

Chris Jensen, Managing Director of Digital Infrastructure at Blue Owl, noted that the firm built a scaled platform alongside DF&I over six years, growing its network reach sixfold. He stated that SummitIG is the ideal successor to advance these assets, citing their operational expertise and market momentum.

Skadden, Arps, Slate, Meagher & Flom LLP served as legal advisor to SummitIG, while Bank Street Group served as financial advisor and Akin Gump Strauss Hauer & Feld LLP as legal advisor to DF&I.

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SummitIG has completed its acquisition of Dark… · Slicast