Cable ONE completed the acquisition of NewWave Communications from GTCR for $735m.

Cable ONE, a cable company, completed the acquisition of NewWave Communications, a high speed internet, and digital telephone service provider, from GTCR, a private equity firm, for $735m. “We are excited about our acquisition of NewWave, which operates in non-urban markets similar to ours and has significant high-speed data and business services opportunities that we are well-positioned to execute on. The transaction represents an attractive opportunity to utilize Cable ONE’s existing balance sheet capacity for a value-enhancing acquisition," Julie Laulis, Cable ONE President and CEO.