LiveOak Fiber Secures $425M Credit Facility to Expand Fiber Broadband Across Georgia and Florida

Infrastructure plays don’t beg for attention. They earn it in silence, one trench at a time. No glossy hype reels, no overcooked AI garnish. Just fiber in the ground and a quiet understanding that whoever owns the pipes eventually sets the tempo. LiveOak Fiber just stepped deeper into that rhythm with a $425M credit facility, and if you’ve been paying attention, you know this isn’t noise, it’s positioning.

Brunswick, Georgia isn’t trying to be Silicon Valley, and that’s exactly why this works. LiveOak Fiber, founded in 2022, came in with a simple premise: build what others skipped. Underserved markets aren’t sexy until they are, and fiber has a funny way of turning overlooked zip codes into leverage. The company has been laying down all-fiber infrastructure across Florida and Georgia, targeting residential streets, business corridors, and multi-tenant setups that have been stuck buffering while the rest of the world streams in 4K.

Now enter the capital stack. Oak Hill Advisors and Palistar Capital didn’t show up for charity. Credit at this scale is a bet on execution, not ideas. It says the model works, the demand is real, and the expansion isn’t hypothetical. You don’t deploy $425M into “maybe.” You deploy it into momentum that already has teeth.

Shane Schilling, CEO, steps into a role that demands more operator than orator. And alongside him, Steve Smith, Co-Founder and CRO, brings that long-game telecom instinct, the kind that understands distribution beats discussion every time. This duo isn’t chasing headlines. They’re building a grid.

What stands out isn’t just the money, it’s how it was earned. Start with a clear geographic thesis. Stay disciplined on infrastructure. Focus on communities where incumbents got comfortable. Then stack credibility with the right capital partners over time. InfraRed Capital Partners backed the foundation early, and that consistency matters when new lenders start writing larger checks.

Fiber isn’t just speed, it’s permanence. Once it’s in the ground, it changes how businesses operate, how people work, how regions grow. LiveOak Fiber isn’t selling internet, they’re selling participation in a modern economy that doesn’t tolerate lag.