Everstream

What Everstream does

Everstream was a U.S.-based, privately held fiber telecommunications company headquartered in Cleveland, Ohio, that provided dedicated enterprise-grade fiber connectivity services to mid-sized and large businesses across the Midwest and Mid-Atlantic United States. The company operated a private, business-only fiber network spanning 25,000–27,000 route miles with 5,000+ on-net buildings and 400,000+ near-net buildings across 12 states, with architecture emphasizing diverse routes, redundant paths, and ring topology. The product portfolio comprised Ethernet, Dedicated Internet, Dark Fiber, Wavelengths, Voice, Cloud Connect, SD-WAN, and Managed Security services, sold via quote-based multi-year subscription contracts.

The go-to-market model relied on direct enterprise field sales, an inside sales team handling inbound quote requests, and a partner/VAR channel for agent-sourced deals, with no public pricing disclosed. Customer segments were horizontal across geographies and included healthcare systems (e.g., a Regional Healthcare System), educational institutions (University of Central Missouri), technology services firms (Huber & Associates), and community/nonprofit organizations (DigitalC). The company grew aggressively through both organic build and serial M&A — acquiring Great Lakes Comnet (2016), LYNX Network Group (2016), and Rocket Fiber (2020) — while raising approximately $900M+ in cumulative funding across equity and debt rounds between 2015 and 2022, including a $342.5M debt facility in 2020 and major 2022 rounds led by CDPQ, CPP Investments, and DigitalBridge.

In 2025–2026, Everstream filed for Chapter 11 bankruptcy and was acquired by Bluebird Fiber, with the transaction closing on March 6, 2026. The combined entity, operating under the Bluebird Fiber brand, now controls more than 36,000 route miles of fiber across 12 states from Kansas to Ohio and north to the Canadian border. Leadership prior to the transaction included CEO Brett Lindsey and CTO Chuck Girt; no management team data is available for the post-acquisition combined entity in the supplied sources.

Name

Everstream

Legal name

Everstream Solutions

Website

https://everstream.net

Company type

Private

Founded year

2014

Operating status

Acquired

Headcount range

101–250 employees

Short description

Everstream is a U.S.-based fiber telecommunications company that provides dedicated Ethernet, Dedicated Internet, Dark Fiber, Wavelengths, Voice, Cloud Connect, SD-WAN, and Managed Security services to mid-sized and large enterprises across the Midwest and Mid-Atlantic. The company was acquired by Bluebird Fiber in March 2026 following a Chapter 11 restructuring.

Ownership category

akta.pro rank

Product category

Business Fiber Telecommunications

NAICS

Wired Telecommunications Carriers (517111), Wired and Wireless Telecommunications Carriers (except Satellite) (51711), Wired and Wireless Telecommunications (except Satellite) (5171)

SIC

Computer Communications Equipment (3576)

akta.pro primary industry

Fiber ISPs (FTTH/FTTP Retail Providers) (HDAIADAE)

akta.pro secondary industries

Backbone & Long-Haul Transport (IP/MPLS, Optical/Wavelength) (HDABALAH), Multi-Site Enterprise Connectivity Bundles (Hybrid WAN/MPLS+Internet) (HDAIAFAL), Carrier Ethernet Services (E-Line/E-LAN/E-Tree) (HDAIAFAC), Carrier Ethernet & Wavelength Wholesale (E-Line/E-LAN, OTN, lambda) (HDAIAEAB)

Keywords

• Business fiber internet
• Enterprise network connectivity
• Dedicated internet access
• Fiber telecom services
• Managed network services

Headquarters

HQ city

Cleveland

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Personnel, Operations, Technology or R&D, Marketing or Sales, Supply Chain

Revenue model

1. Fiber Connectivity Services: Recurring subscription-based revenue from providing businesses with dedicated fiber connectivity including Ethernet, Internet, Dark Fiber, Wavelengths, Voice, and Cloud Connect services. Services are sold on multi-year contracts with quote-based pricing tailored to bandwidth requirements and location.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Everstream provides dedicated fiber connectivity services to mid-market and enterprise business customers across the Midwest and Mid-Atlantic United States over a privately owned fiber network. Core services include Ethernet, Dedicated Internet, Dark Fiber, Wavelengths, Voice, Cloud Connect, SD-WAN, and Managed Security, sold under multi-year recurring contracts with quote-based pricing. The network is engineered exclusively for business traffic, with no residential traffic competing for bandwidth, and is built on diverse routes, redundant paths, and ring topology for high uptime.

Product overview

Everstream was a single-product business fiber telecommunications company offering fiber network connectivity services to business customers in the Midwest. The company operated a 25,000-route-mile fiber network and was acquired by Bluebird Fiber in 2025, with Everstream emerging from Chapter 11 bankruptcy. The combined network now operates under the Bluebird Fiber brand, offering an expanded portfolio including Ethernet, Internet, Dark Fiber, Wavelengths, Voice, Cloud Connect, SD-WAN, and Managed Security services.

Differentiator

Problem solved

Functional benefit

Products and services

• Ethernet

Quantifiable outcome

• Network spans 27,000+ miles of fiber across Midwest and Mid-Atlantic with 5,000+ on-net locations

Named customers4 records

Segments3 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• Bluebird FiberflagshipStrategic or Co-development Partner · 6 March 2025Bluebird Fiber completed the purchase of substantially all assets and operations of Everstream in March 2025. Everstream emerged from Chapter 11 bankruptcy as part of the transaction. The combined network now spans 36,000+ route miles and 400,000+ near-net buildings across 12 states from Kansas to Ohio and north to the Canadian border.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Regional players

• Consolidated Communications: Regional fiber and enterprise services provider with significant Midwest presence. Comparable in geographic scope, enterprise fiber offering, and target mid-market/enterprise customer base.

Direct peers

• Cogent Communications: Tier-1 IP/fiber carrier providing on-net services, Ethernet, wavelengths, and cloud connect to enterprises globally. Direct competitor for enterprise data and IP services on Everstream's fiber footprint.
• Zayo Group: Wholesale and enterprise fiber provider operating one of the largest independent fiber networks in North America. Highly comparable to Everstream's mix of Ethernet, wavelength, dark fiber, and enterprise connectivity services across multi-state footprints.
• MetTel: Enterprise-focused managed network services provider offering Ethernet, SD-WAN, cloud connectivity, and managed security. Comparable in product breadth for multi-location enterprises and emphasis on managed/consultative sales.
• Lightpath (Altice USA): Business-only fiber provider (division of Altice USA) serving enterprise, education, government, and carrier customers in the Northeast and Mid-Atlantic. Closely comparable in business-only positioning, Ethernet/DIA/wave service mix, and mid-market/enterprise go-to-market.

Broad incumbents

• Lumen Technologies: Large incumbent carrier (formerly CenturyLink) with deep enterprise fiber, Ethernet, and wavelength services across the U.S. Competes head-to-head with Everstream in the Midwest/Mid-Atlantic enterprise market but operates at much greater national scale.
• Windstream: Enterprise-focused fiber and SD-WAN provider across the Midwest, South, and other regions. Competes for the same mid-market and enterprise Ethernet/DIA/wave business with similar service portfolio.
• Crown Castle: Owns/operates extensive U.S. fiber infrastructure for small cells, towers, and enterprise customers. Comparable fiber backbone and on-net building strategy, though with a different primary vertical mix.
• Cox Business: Business services arm of Cox Communications delivering fiber-based Ethernet, internet, and managed services to mid-market and enterprise customers. Overlaps with Everstream's enterprise/mid-market fiber sales motion in shared geographies.

Emerging players

• Fatbeam: Regional fiber-to-the-business provider operating in the Pacific Northwest, Midwest, and other secondary markets. Comparable in delivering dedicated fiber connectivity to mid-market and enterprise customers in smaller metros.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/everstreamnet
• LinkedInlinkedin.com/company/everstream-solutions-llc

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds5 records

Investors10 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A3 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Everstream