Latest news with #GregWilson
Business Wire
28-05-2025
- Business
- Business Wire
Ripple Fiber Expands Debt Capacity to $350 Million to Fuel Nationwide Fiber Network Growth
CHARLOTTE, N.C.--(BUSINESS WIRE)-- Ripple Fiber, a Charlotte-based provider of high-speed fiber internet services, announced today it has secured a significant expansion of its existing credit facility to $350 million. Led and arranged by Post Road Group, the upsized agreement is a significant increase in the company's debt capacity and a vote of confidence, providing substantial resources to support Ripple Fiber's accelerated network deployment across the United States. 'This significant debt facility expansion represents a strong vote of confidence from our financial partners and reinforces our ability to execute our ambitious growth strategy,' said Greg Wilson, Founder and CEO of Ripple Fiber. This substantial debt package is supported by an additional equity from Ripple Fiber's current sponsors. This commitment comes on the heels of the company's strategic merger completion with HyperFiber, which formally combined the companies under the unified Ripple Fiber brand and leadership. With this expanded debt capacity, Ripple Fiber is now exceptionally well-positioned to execute on its near-term build plan with operations in 10 states by the end of 2025. 'This significant debt facility expansion represents a strong vote of confidence from our financial partners and reinforces our ability to execute our ambitious growth strategy,' said Greg Wilson, Founder and CEO of Ripple Fiber. 'Having recently completed our strategic merger with HyperFiber and now securing this enhanced financial flexibility, we are exceptionally well-positioned to accelerate our deployment of next-generation fiber infrastructure to communities nationwide and have ensured that our capital planning allows us to focus on speed of deployment.' The expanded credit facility and further equity commitment from Ripple Fiber's current sponsors provide the capital resources to maintain and enhance the company's position as one of the fastest-growing independent FTTH (Fiber-to-the-Home) providers in the country. Ripple Fiber has already deployed over 170,000 fiber passings across seven states, adding more than 100,000 passings and 13,000 subscribers in the last twelve months alone. The company has developed a clearly defined strategic growth path to expand its fiber footprint nationwide. 'As we've demonstrated our ability to efficiently deploy capital and achieve strong market penetration rates, our partners have enthusiastically increased their commitment to Ripple Fiber's growth story,' said Stuart van der Veen, Board Member of Ripple Fiber. 'The strength of the company's AI-driven market selection technology, coupled with a disciplined approach to capital deployment, enables us to ramp up our build engine and develop multiple markets concurrently. This expanded debt facility provides the runway we need to capitalize on the significant opportunities we've identified across our target markets.' Post Road Group, who has been a key financial partner to Ripple Fiber, continues its support with this transaction. 'Ripple Fiber is building critical infrastructure to connect communities across the country, and we're proud to support their continued expansion. The team has demonstrated strong execution, disciplined market entry, and a thoughtful approach to scaling. This expanded credit facility reflects our conviction in both the Ripple platform and the broader opportunity to deliver competitive fiber infrastructure to underserved communities nationwide,' added Sean Elliott, Vice President of Post Road Group. The increased capital will support Ripple Fiber's continued network buildout, which currently spans across North Carolina, South Carolina, Florida, Arkansas, Colorado, Michigan, and Massachusetts. The company is in the advanced stages of extending its footprint into four additional states as part of its national expansion strategy. Ripple Fiber's leadership team, with over 200 years of combined telecom industry experience and a proven track record of successful strategic transactions, is uniquely positioned to capitalize on this expanded financial capacity to drive the company's ambitious growth trajectory. ABOUT RIPPLE FIBER Founded in 2021, Ripple Fiber provides thousands of homes with the brightest and fastest fiber internet solutions, powered by a 10Gig, 100 percent fiber optic network. With its patented technology driving rapid expansion, Ripple Fiber is redefining connectivity for its communities while remaining committed to promoting digital empowerment. Ripple Fiber believes the biggest wave starts as a ripple. For more information, please visit Post Road Group is an alternative investment advisory firm located in Stamford, CT with more than $2.4 billion in assets under management. Post Road originates and executes investments across four distinct complementary strategies: Corporate, Real Estate Credit, Real Estate Equity and Specialty Finance. Since its founding in 2015, the firm has invested and committed over $3.5 billion of capital on behalf of institutional investors across the world. Post Road's Corporate strategy makes private credit, private equity and structured equity investments in the Digital Infrastructure, Telecommunications, Media, Software and Business Service industries. To learn more, visit
Associated Press
28-05-2025
- Business
- Associated Press
Ripple Fiber Expands Debt Capacity to $350 Million to Fuel Nationwide Fiber Network Growth
CHARLOTTE, N.C.--(BUSINESS WIRE)--May 28, 2025-- Ripple Fiber, a Charlotte-based provider of high-speed fiber internet services, announced today it has secured a significant expansion of its existing credit facility to $350 million. Led and arranged by Post Road Group, the upsized agreement is a significant increase in the company's debt capacity and a vote of confidence, providing substantial resources to support Ripple Fiber's accelerated network deployment across the United States. This substantial debt package is supported by an additional equity from Ripple Fiber's current sponsors. This commitment comes on the heels of the company's strategic merger completion with HyperFiber, which formally combined the companies under the unified Ripple Fiber brand and leadership. With this expanded debt capacity, Ripple Fiber is now exceptionally well-positioned to execute on its near-term build plan with operations in 10 states by the end of 2025. 'This significant debt facility expansion represents a strong vote of confidence from our financial partners and reinforces our ability to execute our ambitious growth strategy,' said Greg Wilson, Founder and CEO of Ripple Fiber. 'Having recently completed our strategic merger with HyperFiber and now securing this enhanced financial flexibility, we are exceptionally well-positioned to accelerate our deployment of next-generation fiber infrastructure to communities nationwide and have ensured that our capital planning allows us to focus on speed of deployment.' The expanded credit facility and further equity commitment from Ripple Fiber's current sponsors provide the capital resources to maintain and enhance the company's position as one of the fastest-growing independent FTTH (Fiber-to-the-Home) providers in the country. Ripple Fiber has already deployed over 170,000 fiber passings across seven states, adding more than 100,000 passings and 13,000 subscribers in the last twelve months alone. The company has developed a clearly defined strategic growth path to expand its fiber footprint nationwide. 'As we've demonstrated our ability to efficiently deploy capital and achieve strong market penetration rates, our partners have enthusiastically increased their commitment to Ripple Fiber's growth story,' said Stuart van der Veen, Board Member of Ripple Fiber. 'The strength of the company's AI-driven market selection technology, coupled with a disciplined approach to capital deployment, enables us to ramp up our build engine and develop multiple markets concurrently. This expanded debt facility provides the runway we need to capitalize on the significant opportunities we've identified across our target markets.' Post Road Group, who has been a key financial partner to Ripple Fiber, continues its support with this transaction. 'Ripple Fiber is building critical infrastructure to connect communities across the country, and we're proud to support their continued expansion. The team has demonstrated strong execution, disciplined market entry, and a thoughtful approach to scaling. This expanded credit facility reflects our conviction in both the Ripple platform and the broader opportunity to deliver competitive fiber infrastructure to underserved communities nationwide,' added Sean Elliott, Vice President of Post Road Group. The increased capital will support Ripple Fiber's continued network buildout, which currently spans across North Carolina, South Carolina, Florida, Arkansas, Colorado, Michigan, and Massachusetts. The company is in the advanced stages of extending its footprint into four additional states as part of its national expansion strategy. Ripple Fiber's leadership team, with over 200 years of combined telecom industry experience and a proven track record of successful strategic transactions, is uniquely positioned to capitalize on this expanded financial capacity to drive the company's ambitious growth trajectory. ABOUT RIPPLE FIBER Founded in 2021, Ripple Fiber provides thousands of homes with the brightest and fastest fiber internet solutions, powered by a 10Gig, 100 percent fiber optic network. With its patented technology driving rapid expansion, Ripple Fiber is redefining connectivity for its communities while remaining committed to promoting digital empowerment. Ripple Fiber believes the biggest wave starts as a ripple. For more information, please visit ABOUT POST ROAD GROUP Post Road Group is an alternative investment advisory firm located in Stamford, CT with more than $2.4 billion in assets under management. Post Road originates and executes investments across four distinct complementary strategies: Corporate, Real Estate Credit, Real Estate Equity and Specialty Finance. Since its founding in 2015, the firm has invested and committed over $3.5 billion of capital on behalf of institutional investors across the world. Post Road's Corporate strategy makes private credit, private equity and structured equity investments in the Digital Infrastructure, Telecommunications, Media, Software and Business Service industries. To learn more, visit View source version on CONTACT: MEDIA CONTACT Emily Francois Director of Corporate Communications [email protected] KEYWORD: NORTH CAROLINA UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: TECHNOLOGY NETWORKS INTERNET TELECOMMUNICATIONS SOURCE: Ripple Fiber Copyright Business Wire 2025. PUB: 05/28/2025 08:12 AM/DISC: 05/28/2025 08:10 AM
Daily Mirror
21-05-2025
- Daily Mirror
Brits heading to Europe warned to budget for 'extra tax' in summer hotspots
Brits are being warned to check before travelling to the likes of France, Italy, Spain and more to avoid being surprised by a common extra cost when they check-in at their hotel Brits planning their summer holidays are being warned to check for additional costs before they head off to their destination. That's because there are plenty of hotspots in the likes of France, Spain and Italy charge a tourist tax, often for every day of your stay. While this isn't usually more than a few euros each day, it's worth noting that it's rarely included in the original cost of your holiday, but rather is paid when you check-in to your hotel. However, a survey from Quotezone revealed that 45% of Brits don't plan for additional expenses on holiday - and so can be caught off-guard when they're asked to pay at reception. Greg Wilson, CEO and travel insurance expert at said: "If you're planning a trip to any city in Europe this year, you must be aware of the potential additional costs to your holiday such as tourist tax – often these extras are not obvious beforehand and normally due for payment when you check out of your accommodation. Tourism taxes range anywhere between less than €1 to almost €15 per night and can be charged per person." Although tourist taxes aren't new, they've been an increasing source of tension in recent years as holiday destinations look to combat overtourism. Just recently, Jet2's CEO Steve Heapy raised concerns that tourist taxes might increase as a result of the over tourism demonstrations in Spain. It comes following protests in hotspots such as Barcelona and the Canary Islands, with locals calling for more restrictions. The Mayor of Salou Pere Granados had previously championed a charge of 84p per day for tourists, explaining at a round table: "The tourists pay tax in the same way as the residents pay taxes. If I come to London, I generate waste." However, Benidorm's mayor Antonio Perez said he was against the tourist tax "because it's stigmatising the visitors as the ones who are preventing me from having a better city or better services". Meanwhile in Italy, in recent years Venice has introduced a tourism tax for 'day trippers', in a bid to combat the crowds that descend upon the city, including during peak cruise holiday seasons. Just last year city officials confirmed they would be increasing the tax for 2025, and even doubling the fee for last-minute holidaymakers. The experts at Quotezone warned: "When budgeting for your trip, it is important to take additional fees and tax into consideration. Recently many countries have actually raised their fees for tourists. Visitors in Paris may find themselves paying up to €14.95 a night – while Venice has introduced a trial for visitors to pay a €5 entry fee to the city during daytime hours, including additional costs for anyone staying in the city overnight. While planning your trip, make sure to research tourist tax in that area so you can be prepared for the additional costs."
Daily Mirror
05-05-2025
- Automotive
- Daily Mirror
Brits risk hefty fines when driving abroad for making these common mistakes
With lots of happy holidaymakers hiring cars over the summer holidays, it's important to know the rules of the road in foreign countries to avoid being hit with expensive fines Brits are urged to make sure they don't make these certain mistakes when it comes to driving abroad. The ease of hiring a car on holiday can make life much easier, and give Brits the chance to explore at their own pace but it can also come at an expensive cost if you break the rules. There are rules drivers should all be aware of when it comes to driving in foreign countries to avoid risking some hefty fines. Driving rules can differ in countries, so it's important to be up to date with where you're visiting. From reflective vests to warning triangles and first aid kits, Greg Wilson, car insurance expert and CEO at said it's important to check the rules of the road before travelling. "While driving abroad is a great way to explore your destination, it's important for drivers not to assume that the road rules and regulations are the same as back home. It's worrying that a third of British motorists don't familiarise themselves with the local driving laws of the country they're visiting, as this can result in serious accidents as well as costly fines," he explained. "From drink driving regulations and mandatory safety equipment to speed limit changes, there are a number of key differences to be aware of to prevent issues on the road. It's also important to remember that your insurance may not offer full coverage overseas, so make sure to double-check your policy and add extra cover if needed." For example, in France, it's an offence not to have a high visibility vest for each traveller, and French law also states that the vest must be easily accessible in the cabin of the car and not stored away in the boot, so it can be worn to exit the vehicle in an emergency situation. The experts also urge people to make sure their car insurance covers them when driving overseas, as not all policies can include international cover. It's likely it will need to be added as an extra or added to the hire car rental policy. Here are 7 things to look out for when driving abroad... Mandatory safety equipment In some countries, cars must be equipped with mandatory safety items such as reflective vests, warning triangles and first aid kits. While rental cars often come with these items, it's crucial to check beforehand to ensure you're compliant with local laws. Drink drive limits Drink driving regulations vary significantly across Europe. While the UK allows a blood alcohol content of up to 80 milligrams per 100 millilitres - in Scotland there's a zero tolerance policy - several European countries such as Hungary and Romania have a strict zero-tolerance policy too, and many popular holiday destinations like Spain, Portugal and Italy have a 50 mg of alcohol per 100ml of blood limit. Road signs Although road signs are largely standardised throughout Europe, there can still be slight differences in their design and meaning. Make sure you research local signage before driving to avoid confusion. Speed limits The main thing to remember is that the speed limits in Europe are given in kilometres per hour, not miles. It's especially important to be aware of speed limits in France as they change based on weather conditions - for example on motorways the limit is reduced from 130 km/h (81 mph) to 110 km/h (68 mph) in wet conditions. And, if you're visiting Germany, you can come across certain sections of the Autobahn that have no speed limit at all. Driving on the right side Most European countries drive on the right-hand side of the road, which may feel unfamiliar to UK drivers. It's important for drivers to be careful when adjusting to driving on the other side, especially when it comes to navigating roundabouts and junctions - which can be particularly dangerous if you've driven over from the UK in your car and your steering wheel is on the right-hand side. Tolls Many European countries have a significant number of tolls on highways and motorways - for example France has over 90 tolls. Make sure you're prepared with cash or a credit card to pay tolls to avoid fines or additional charges. Car insurance Make sure you're fully insured when driving abroad, as not all policies include international coverage. Double check that your policy includes adequate protection for driving overseas and consider purchasing extra cover such as accident or breakdown to give you additional peace of mind.
Yahoo
01-05-2025
- Health
- Yahoo
New first responders' wellness center gains financial support
POLAND TWP., Ohio (WKBN) — Poland Township has partnered with Boardman in support of a new wellness center for Mahoning County first responders. Poland Township Board of Trustees Chairman Eric Ungaro announced Thursday they've partnered with Boardman Township in providing financial support to the wellness center. The Clarence R. Smith, Mahoning Valley First Responders Wellness Center will provide a centralized space to support the mental health of police, fire, EMS and dispatch personnel. 'This partnership reflects our deep appreciation for the sacrifices made by first responders and their families,' said Poland Township police Chief Greg Wilson. 'By joining forces with Boardman Township, we are taking a proactive step in ensuring that those who protect and serve our communities receive the support they deserve.' The center will serve the 58 responder agencies in Mahoning County and, eventually, agencies in Trumbull and Columbiana counties as well. The goal is to have the center up and running by National First Responders Day on Oct. 24. The financial contribution from Poland Township will help expand the center's services, enhance outreach efforts, and ensure that first responders have access to specialized care. The collaboration sets a precedent for other local governments, fostering a regional commitment to first responder wellness, according to a release from the township. The center is named after Clarence Smith, who donated the property to the township upon his death. Abigail Cloutier contributed to this report. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
