Stonepeak completed the acquisition of Astound Broadband from TPG and Patriot Media for $8.1bn.

Stonepeak Infrastructure Partners, a private equity firm specializing in infrastructure investing, completed the acquisition of Astound Broadband, a cable operator in the United States that operates regional providers, from investors TPG Capital and Patriot Media Management for $8.1bn. “As we continue to grow our platform, our core objectives remain the same: to deliver exceptional service to our customers and communities, a best-in-class experience for our employees, and outstanding results for our investors. Our mission and management vision are aligned with Stonepeak and we very much look forward to our partnership with them," Steve Simmons, Patriot Media Chairman.