Author Capital exits Zentro Internet investment

By AI, Created 11:04 AM UTC, May 20, 2026, /AGP/ – Author Capital Partners said April 30, 2026, that its affiliated funds have realized their investment in Zentro Internet after helping build the company from a Chicago-area ISP into a national broadband platform. The exit comes after a series of acquisitions expanded Zentro’s footprint to more than 15 markets and more than 120,000 residents across 20 metro areas.

Why it matters: - The exit signals a liquidity event for Author Capital and its investors after a multi-year buildout in a core infrastructure business. - Zentro has grown into one of the largest independent, MDU-focused internet service providers in the U.S., with service to more than 120,000 residents. - The transaction reflects continued consolidation in broadband serving multifamily communities and other dense housing markets.

What happened: - Author Capital Partners announced the recent exit of its affiliated funds from their interest in Zentro Internet on April 30, 2026. - The firm had partnered with Zentro co-founders Farzad Moeinzadeh and Peyman Pourkermani in 2021. - The deal was framed as part of a period of meaningful growth and operational progress for Zentro. - Author Capital said it is returning capital to its investors.

The details: - Zentro serves over 120,000 residents across properties in 20 major metro markets, including Chicago, Los Angeles, Atlanta, Detroit, Dallas, Denver, Las Vegas, and Portland. - Zentro delivers symmetrical 10 Gig internet and managed Wi-Fi over a private, next-generation hybrid fiber network. - The company focuses on high-rise and multifamily communities and is headquartered in Chicago. - During Author Capital’s investment, SilverIP Communications merged with Chicago-based Everywhere Wireless to form the Zentro Internet brand. - Zentro later acquired California-based BAI Connect, Ohio-based Snip Internet, and select assets of GigaMonster Networks. - Those acquisitions expanded Zentro’s footprint into more than 15 markets. - Moeinzadeh said Author Capital provided more than money, including additional thought capital and a different way to look at problems. - Duane Jackson, managing partner of Author Capital, said the partnership fit the firm’s strategy of backing entrepreneurial founders and management teams in essential services businesses. - Croke Fairchild Duarte & Beres LLC served as legal advisor to Author Capital. - Author Capital is a Chicago-based principal investment firm that invests in companies across business, financial, and health care services. - Zentro describes itself as the largest independent multifamily-focused internet service provider in the United States outside of Florida. - Zentro says it serves more than 120,000 subscribers across 20 major metro areas and also targets hospitality and business customers. - Author Capital’s website is more information. - Author Capital’s LinkedIn page is the company’s social media page.

Between the lines: - The acquisition-led expansion suggests Author Capital’s value creation relied on both operational improvement and roll-up strategy. - The exit likely marks a transition from ownership to the next phase of growth for Zentro under new capital. - Author Capital’s emphasis on “essential services” fits the resilience of broadband demand in multifamily housing.

What’s next: - Zentro is likely to continue focusing on multi-gig connectivity, managed Wi-Fi, and expansion across dense residential markets. - Author Capital will look to redeploy capital into similar essential-services investments. - The firm did not disclose financial terms of the exit.