Announced
Completed
Financials
Tags
Acquisition
Single Bidder
Friendly
United States
Majority
Landline
Completed
cable telecomunications
Private
Private Equity
Synopsis
GI Partners, a middle market private equity firm based in San Francisco, completed a majority investment in Blue Stream Fiber, which provides cable television, cable telephone, DVR, and broadband services to customers in Florida. Financial terms were not disclosed. "Consumers in Florida want the most reliable networks and high touch customer support. Blue Stream is committed to drive ever-increasing levels of customer support and satisfaction, and to further differentiate our services from incumbents. Over the coming months and years, our partnership with GI Partners will ensure that we can expand and provide our great services across the entire state," Joe Canavan, Blue Stream CEO.
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