Newlight Partners

Background and Newlight Value Add

Newlight began its partnership with Hyperoptic in 2013, when the firm saw an opportunity to work with an entrepreneurial and accomplished management team with a track record of creating market leading ISPs. Hyperoptic had a proven business model with critical first-mover advantage in a market with high barriers to entry and a growing demand for super-fast, low latency broadband services. Newlight believed its resources could enable Hyperoptic to capitalize on the market opportunity in the UK, which had the lowest penetration of residential fiber services in Western Europe.

Business Development

Newlight introduced Hyperoptic to its network of UK property owners, developers, and investors to accelerate growth and create new business opportunities.

Capital Raising & Structuring

Newlight co-led capital raising efforts, including closing three debt facilities and raising a strategic, minority investment from a leading sovereign wealth fund.

Executive Recruitment & Alignment

Newlight worked with management to develop an equity incentive plan, offering Hyperoptic personnel meaningful economic interest in growth and operational improvements. The firm helped recruit and build out the leadership team during the company’s rapid growth.

Operational Assistance

Newlight helped develop Hyperoptic’s reporting dashboards and key performance indicators, enabling management to more efficiently measure day-to-day operations and monitor growth. Newlight also leveraged its operational expertise by assisting management with annual budgeting, long-range planning, and identifying expansion opportunities.

The Case Studies are not necessarily representative of all past or current Newlight portfolio companies but were selected to illustrate Newlight's management approach and are intended for potential portfolio company executives. Certain statements about Newlight made by portfolio company executives herein are intended to illustrate Newlight’s business relationship with such persons, including with respect to Newlight’s facilities as a business partner, rather than Newlight’s capabilities or expertise with respect to investment advisory services. Portfolio company executives were not compensated in connection with their participation, although they generally receive compensation and investment opportunities in connection with their portfolio company roles, and in certain cases are also owners of portfolio company securities and/or investors in Newlight-sponsored vehicles. Such compensation and investments subject participants to potential conflicts of interest in making the statements herein. Newlight does not make any representation or warranty as to the accuracy or completements of the information contained herein and it should not be assumed that investments made in the future will be comparable in quality of performance to the investments described herein. Past performance is not necessarily indicative of future results. See the “Case Studies” section of the Disclosures page for important information about these Case Studies.