Tachus receives significant growth investment from Crosstimbers Capital Group to expand fiber optic internet network
Summary
“Tachus’ tremendous success to date is an affirmation of its local business model and customer value proposition, and this growth capital will help drive its network and geographic expansion in the years to come.” Crosstimbers has supported Tachus since its inception in 2018, overseeing a period of rapid growth and expansion for The Woodlands-based company, which currently provides reliable, high-speed Internet services for a lifetime, fixed price with no data restrictions to households in the greater Houston area. “We are excited to partner with Crosstimbers as we continue our rapid expansion into additional properties in the Houston area,” said Hal Brumfield, Co-Founder and CEO of Tachus. Tachus also plans to use the additional capital from Crosstimbers to expand its highly rated Internet service offerings to small and medium-sized businesses. You have been instrumental in our growth and success over the past three years, and we look forward to continuing this close collaboration.” Bank Street Group LLC acted as exclusive financial advisor to Tachus in connection with this transaction. Founded in 2018, Tachus, LLC, headquartered in The Woodlands, TX, is a fiber broadband ISP and telecommunications provider.