Oak Hill and Pamlico to acquire a stake in IdeaTek from TPG.

Oak Hill, and Pamlico, the private equity firms, agreed to acquire a stake in IdeaTek, a Kansas-based broadband service provider, from TPG, a private equity investment firm. Financial terms were not disclosed. "At Oak Hill, we believe access to high-speed internet drives economic growth and opportunity. We are excited to partner with Jim, Daniel, Jerrod, and the rest of the IdeaTek team to extend the company's high-speed fiber network across Kansas and the broader Midwest, leveraging our experience building leading broadband businesses through partnership, operational support, and strategic investment," Jeff Butler, Oak Hill Principal.