Trive Capital acquired EarthLink from Windstream for $330m.

Trive Capital acquired EarthLink, an IT services, network and communications provider headquartered in Atlanta, from Windstream, a provider of voice and data network communications, for $330m in cash. “This transaction enables us to divest a non-core segment and focus exclusively on our two largest business units. In addition, it improves our credit profile and metrics in 2019 and beyond,” said Tony Thomas, president and CEO of Windstream.