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Cable One $735 million acquisition of NewWave Communications

18/1/2017
Private acquisition
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$ 735 million

Announced

18/1/2017

Overview:

  • Cable One has acquired NewWave Communications in a $735 million deal.
  • NewWave was sold by private equity firm GTCR.
  • Cable One intends to finance the transaction through a combination of a $650 million loan and available cash.
  • JPMorgan acted as financial adviser for Cable One.
  • The deal is expected to close in the second quarter of 2017.

Kurt Stumpo - Journalist

Jurisdiction:

United States

Deal type:

Private acquisition

Practice areas:

Private equity
M&A

Governing law:

United States

Industry sector:

Technology and telecommunications

Firms:
Cravath Swaine & Moore

Party: Cable One (Acquirer)

Lawyer: Joseph Zavaglia

Kirkland & Ellis

Party: GTCR Private Equity (Seller)

Lawyers: Eric Schiele, Mark Fennell, Stephen Ritchie

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