Grain Management Announces Sale of WANRack to CBRE Caledon

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Grain Management Announces Sale of WANRack to CBRE Caledon
April 9, 2021 GMT
WASHINGTON--(BUSINESS WIRE)--Apr 9, 2021--
Grain Management (“Grain” or the “Firm”), a leading private investment firm exclusively focused on broadband technology and the global communications sector, announced today it has entered into a definitive agreement to sell its controlling interest in WANRack LLC (“WANRack”) to CBRE Caledon Capital Management Inc.
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WANRack is a high-bandwidth, fiber-based communication network provider helping schools and libraries close the connectivity gap by realizing the potential of the most promising, highest capacity broadband technology available. The company is currently operating 68 networks across 23 states, with a robust fiber-optic networks traversing the nation from Florida to Washington state, and from Arizona to Connecticut.

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