Asset Manager

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Everstream Solutions

Everstream Solutions, a Cleveland-based company founded in 2014, provides enterprise-grade network services.

Everstream Solutions

Everstream Solutions, a Cleveland-based company founded in 2014, provides enterprise-grade network services. Its offerings include dedicated internet access, dark fiber, Ethernet, and data center solutions. The company has secured $50 million in total funding.

General information

Firm type

Asset Manager

Year founded

2015

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Cleveland

Corporate office

Cleveland, OH, United States

Principals

Brett Lindsey

CEO

Sector focus

InfrastructureTelecommunicationsAI/ML

Frequently asked questions

Who runs investment decisions and network strategy at Everstream Solutions?

CEO Brett Lindsey leads Everstream's executive decisions, with CFO Bill Major overseeing capital allocation and budgeting. The firm raised institutional backing from Amp Capital (now part of Macquarie Asset Management) in 2018, which may provide strategic input, but day-to-day operational and build-out decisions remain with the internal leadership team.

How does Everstream's fiber footprint compare to incumbent carriers?

Everstream operates over 27,000 route miles of fiber, primarily across Illinois, Indiana, Ohio, Michigan, Missouri, Wisconsin, and neighboring states. While far smaller than AT&T or Lumen, it ranks among the largest dedicated enterprise fiber platforms in the Midwest, with a network designed for business traffic rather than consumer or mobile backhaul.

Does Everstream focus on organic network builds or M&A-driven expansion?

Everstream uses a dual approach: organic construction of high-fiber-count long-haul routes between major markets, combined with strategic acquisitions. Notable acquisitions include Rocket Fiber (2018, Detroit market entry) and the purchase of select Uniti Group Midwest fiber assets (2020) to deepen existing metropolitan reach.

What types of services does Everstream sell to enterprises?

The firm provides dedicated internet access, point-to-point and point-to-multipoint Ethernet, dark fiber leases, wavelengths, and colocation at edge data centers. The service set is tailored for bandwidth-intensive customers — healthcare systems, university campuses, financial services, and cloud service providers require the low latency and route diversity its network is engineered to deliver.

Who are Everstream's financial backers, and does the firm have an exit strategy?

Amp Capital became a significant investor in 2018, later transitioning into Macquarie Asset Management's infrastructure portfolio. Everstream has not announced any specific exit timeline, but the consolidation trend among regional fiber platforms makes it a plausible acquisition target for larger infrastructure funds or an eventual public listing candidate.

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