The value of the Ontario pension fund’s equity wasn’t disclosed but Peter Gray and Jenine Krause of OMERS Infrastructure will join Beanfield’s board upon closing in the third quarter, while earlier investor DigitalBridge will stay the majority shareholder, the announcement said. It’s OMERS’s first investment in digital infrastructure in North America. (The Logic)

Talking point: Beanfield CEO Dan Armstrong told The Logic that the money will help it expand in Toronto and Montreal and let it take recent acquisitions in Vancouver, “bolt them together, invest in some infrastructure and turn Vancouver into a cohesive operation.” Several other small internet providers have been scooped up by dominant giants lately and even TekSavvy, long vehement about its independence, is reportedly for sale. Armstrong wrote in an email that Beanfield’s investment in its own fibre—rather than reselling service bought from big players—has helped it strategically, and its “longer term plans are certainly to become national.”