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New Deal


Announced

Completed

Oak Hill completed a $250m investment in Omni Fiber.

Financials

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Transaction Value£208m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Domestic

Friendly

Single Bidder

Private Equity

Internet

fttp

fiber-to-the-premises

Private

Acquisition

United States

Minority

Completed

Synopsis

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Oak Hill, a private equity firm, completed a $250m investment in Omni Fiber, a new fiber-to-the-premises provider. "We are thrilled to partner with Oak Hill and are excited to provide high-quality Internet access options to small and medium communities across the Midwest. Oak Hill’s investment will spur our growth to help bridge the digital divide and establish competitive choice by providing hundreds of thousands of households access to our future-proof, 100% fiber-optic network. We look forward to establishing and maintaining excellent service quality as we support our new customers and communities for years to come," Darrick Zucco, Omni Fiber CEO.

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