Key Takeaways
- • Olympus Partners has acquired Network Connex, a fiber installation and network deployment provider founded in 2003, from ORIX Corporation through an equity interest transfer agreement executed on April 13, 2026.
- • ORIX Capital Partners, the operationally-focused private equity arm of ORIX Corporation USA, originally invested in Network Connex in 2018 and drove significant value creation through add-on acquisitions and operational improvements, with the company achieving record revenue in its most recent fiscal year.
- • Network Connex provides network deployment solutions across data centers, fiber optics, and wireless services in the United States, positioning it as a critical infrastructure player in the connectivity sector.
- • The transfer reflects ORIX Capital Partners' determination that Olympus Partners represents the optimal partner to support continued growth and expansion of the business in the next investment phase.
Summary
Olympus Partners has acquired Network Connex, a U.S.-based fiber installation and network deployment company, from ORIX Corporation through a complete equity interest transfer. The transaction, formalized on April 13, 2026 U.S. Time, transfers all equity interest in IX NTI Holdings, LLC—the holding company for Network Connex—from an ORIX subsidiary to a special purpose company affiliated with Olympus Partners.
Network Connex, operating since its 2003 founding, provides specialized network deployment solutions including fiber optics installation, data center connectivity, and wireless services across the United States. ORIX Capital Partners, the operationally-focused private equity division of ORIX Corporation USA, initially invested in the company in December 2018. Over the eight-year holding period, OCP executed a value creation strategy encompassing add-on acquisitions, organic growth initiatives, governance strengthening, and operational improvements. The company delivered strong performance metrics, reaching record revenue in its prior fiscal year.
ORIX Capital Partners determined that the transition to Olympus Partners aligns with the company's continued growth trajectory and capital needs. The decision reflects a typical private equity exit strategy, with OCP transferring full equity ownership to enable the next phase of expansion under new sponsorship. The transaction demonstrates confidence in Network Connex's market position and operational foundation within the essential infrastructure segment of U.S. broadband and data center connectivity.
Network Connex, operating since its 2003 founding, provides specialized network deployment solutions including fiber optics installation, data center connectivity, and wireless services across the United States. ORIX Capital Partners, the operationally-focused private equity division of ORIX Corporation USA, initially invested in the company in December 2018. Over the eight-year holding period, OCP executed a value creation strategy encompassing add-on acquisitions, organic growth initiatives, governance strengthening, and operational improvements. The company delivered strong performance metrics, reaching record revenue in its prior fiscal year.
ORIX Capital Partners determined that the transition to Olympus Partners aligns with the company's continued growth trajectory and capital needs. The decision reflects a typical private equity exit strategy, with OCP transferring full equity ownership to enable the next phase of expansion under new sponsorship. The transaction demonstrates confidence in Network Connex's market position and operational foundation within the essential infrastructure segment of U.S. broadband and data center connectivity.
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