RCN Telecom Services $2.36 billion acquisition of Wave Broadband

22/5/2017
Private acquisition

$ 2.36 billion

Announced

22/5/2017


Overview:

  • RCN Telecom Services has acquired Wave Broadband for $2.36 billion.
  • TPG Capital, a private equity firm, owns RCN.
  • The deal will create the nation’s sixth-largest cable operator.
  • Wave is a regional broadband fibre company offering a full suite of high-speed data, video and voice services to residential and business customers.

Katrin Kostadinova - Data analyst

Jurisdiction:

United States

Deal type:

Private acquisition

Practice areas:

Private equity
M&A

Governing law:

United States

Industry sector:

Technology and telecommunications