Announced
Financials
Sources
Tags
United States
Private
Acquisition
Private Equity
broadband communications
Telecommunications Services: Other
Synopsis
GTCR, a leading private equity firm, acquired Vyve Broadband,which provides high-speed data, television and voice services to residential and business customers in rural markets, from BBH Capital Partners. Financial terms were not disclosed. "The Vyve acquisition is an exciting opportunity to continue to build our investment in the cable industry," said Phil Canfield, Managing Director at GTCR. "We look forward to continuing our work with Phil Spencer and his team to build a leading cable platform through increasing high-speed data penetration, growth in commercial services, and additional accretive acquisitions."
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