Everstream’s Acquisition Of LightBound

Jones Day is advising DataBank.

Jones Day is advising DataBank in the divestiture of the LightBound fiber/CLEC assets to Everstream, a business-only fiber network provider.

Cowen and Company, LLC served as exclusive financial advisor to LightBound in connection with this transaction and Barnes & Thornburg, LLP acted as legal advisor. Jones Day acted as lead M&A counsel and Ernest and Young LLP served as accounting advisor to DataBank.

Jones Day team was led by Ismail H. Alsheik (Picture).

Involved fees earner: Ismail Alsheik – Jones Day;

Law Firms: Jones Day;

Clients: DataBank Holdings Ltd.;