About This Deal

Cable One acquired Clearwave Communications (Delta Communications, L.L.C.) for $358.8 million, a transaction announced in January 2019.

Acquired the Stephens Capital Partners-backed facilities-based fiber operator with 2,400+ route miles of dense metro fiber across Southern Illinois, giving Cable One a premier fiber platform and enterprise/business-services growth engine within its existing footprint. Announced November 12, 2018; closed January 8, 2019.

Acquired the Stephens Capital Partners-backed facilities-based fiber operator with 2,400+ route miles of dense metro fiber across Southern Illinois, giving Cable One a premier fiber platform and enterprise/business-services growth engine within its existing footprint. Announced November 12, 2018; closed January 8, 2019.

Deal Terms

Acquirer
Cable One
Target
Clearwave Communications (Delta Communications, L.L.C.)
Value
$358.8 million
Date
January 2019
Type
Full acquisition
Status
Completed

Transaction Details

Announced
January 8, 2019

In Their Words

This transaction provides us with a unique opportunity to continue to grow Clearwave in its existing footprint as well as expand our fiber footprint and enterprise business segment.

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗

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