Aspire Fiber, LLC

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Aspire Fiber, LLC - overview

Established

2024

Location

Moorpark, CA, US

Primary Industry

Telecoms

About

Aspire Fiber, LLC, based in Moorpark, CA, offers high-speed internet services powered by 100% fiber-optic technology, ensuring reliable and symmetrical upload and download speeds for both residential and business clients. Founded by Stephen Weatherford (CEO) in 2024 and headquartered in Moorpark, US, Aspire Fiber, LLC specializes in high-speed internet services. In February 2026, Arenova acquired a majority stake in Aspire Fiber, LLC for USD 50 million. Aspire Fiber specializes in providing high-speed internet services powered by 100% fiber-optic technology, aiming to deliver superior, symmetrical upload and download speeds to residential and business clients.


The company's core offerings include a range of internet plans, notably featuring no contracts or hidden fees, which enhances flexibility for users. Key differentiators of Aspire Fiber's services include free home installation, complimentary Wi-Fi routers, and a user-friendly mobile app that allows customers to manage their internet usage effectively. Their solutions target various geographical markets, including Moorpark, CA, and Santa Clarita, CA, catering to both individual consumers and businesses looking for reliable and cost-effective internet connectivity. The service is designed to address common pain points related to slow internet speeds and data caps, promoting an uninterrupted online experience for streaming, gaming, and remote work.


Aspire Fiber’s revenue generation model primarily revolves around subscription-based services, where customers enroll in monthly plans to access high-speed internet. The company offers a variety of pricing tiers based on speed, with specific plans designed for different user needs, including residential fiber internet packages that range from 500 Mbps to 5 Gbps. To facilitate seamless customer transactions, Aspire Fiber requires enrollment in AutoPay and paperless billing, which streamlines payment processes and enhances customer retention. With promotional pricing for the first 30 days and a structured discount on subsequent payments for auto-enrolled customers, Aspire Fiber fosters ongoing client relationships while providing competitive pricing and value.


This transactional framework positions Aspire Fiber as a direct-to-consumer provider, emphasizing customer satisfaction and service reliability as cornerstones of their business model. The acquisition enables Aspire Fiber, LLC to expand its business in California.


Current Investors

Primary Industry

Telecoms

Sub Industries

Fiber Optics, Internet Service Providers, Telecoms Providers & Services

Website

www.aspirefiber.com/

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Aspire Fiber, LLC - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
BuyoutCompletedAspire Fiber, LLC-

Displaying 1 - 1 of 1

GoingPro

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.