TAMPA, Fla. – Noble Resources Corporation ("Noble" or the "Company"), a leading provider of critical communications and utility infrastructure services, announced that it has been acquired by Full Circle Fiber Partners ("Full Circle"), an affiliate of Mill Point Capital. Noble will continue to operate independently under its new name, Noble Broadband LLC.
Under Full Circle, Noble will continue to expand its leadership in communications and utility infrastructure services, specializing in aerial and underground construction, fiber optic splicing and coax splicing in connection with the deployment, expansion, upgrade and repair of new and existing critical communications and utility networks. Since the Company’s founding in 2002, Noble has been a top performing service provider in the communications and utility industries. The Company is headquartered in Tampa, Florida, and primarily operates in Florida, Texas, and the broader Southeastern U.S.
Mill Point is a middle-market private equity firm focused on control investments in North America. Mill Point employs an Executive Partner model and has extensive experience investing in transactions in the communications and business services sectors. The board of Full Circle includes communications industry veterans such as Wayne H. Davis. Full Circle made its first investment in the communications infrastructure services space in April 2020, with the acquisition of Knight Broadband.
With a talented management team, including founder and President Mike Wallace, Noble will continue to build upon its strong track record of growth and reliable customer service. The combination of Noble Broadband and Knight Broadband under the Full Circle umbrella immediately expands the platform’s geographical reach, service offering and ability to serve current and new customers throughout Florida, Texas, and the broader Southeastern U.S.
Over the next two years, approximately 60% of service providers (both large and small) will adopt virtualization on a wide scale across their networks, according to the latest survey report from Ovum. Why are providers making these moves? Is there an easy way to start?
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Current network infrastructure and the move to virtualization
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