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Spring Fibre

Spring Fibre Limited

Bringing high speed internet to underserved areas of the UK.

Year

2019

Type

NewCo Establishment

Sector

TMT

Spring Fibre is wholesale fibre operator, delivering internet connectivity across the UK

Investment Highlights

  • Kingsley established Spring in 2019, noting that the increasing rate of data consumption has led to unprecedented demand for fibre broadband
  • Fibre penetration in the UK remains amongst the lowest in Europe, with over £20 Bn of capex still required across the country to reach adequate levels of connectivity
  • Kingsley has partnered with an exceptional management team to develop the Spring proposition, which focuses on the wholesale provision of fibre networks, focusing on underpenetrated areas that are hard to reach
  • In 2020, Spring secured investment from family office and institutional investors to begin the roll-out of its fibre network, working with retail ISPs in its roll-out areas
  • In 2022, Spring closed on a £155m investment from infrastructure fund River & Mercantile to build out its telecoms network further. Kingsley continues to sit on the Board of the business, representing its and the original shareholders holding in the company

Kingsley Capital Partners have been a breath of fresh air– knowledgeable, collaborative and placing a high value on industry expertise rather than finance familiarity from the Spring Fibre team.    They have been consistent, constructive and supportive as we have built Spring Fibre while providing both practical and strategic help and, as importantly are easy to work with.

Ros Singleton
CEO


Spring Fibre Press Releases

Spring Fibre