Silverpeak, the technology investment bank, acted as the exclusive financial advisor to H.I.G. Capital (H.I.G.) and the management of the sub-sea division of Xtera Communications Inc (Xtera) on the acquisition of substantially all the assets of Xtera, a provider of innovative and bespoke sub-sea fiber optic solutions. Silverpeak supported H.I.G. who provided debtor-in-possession financing to the Xtera debtors in connection with the Chapter 11 case.
