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Transactions / W••• 3•

W••• 3• Announces Majority Investment from Oak H••• Capital to Accelerate Fiber-to-the-Home Expansion in Florida

Majority investmentannouncedannounced Jan 4, 2024Fact
What happened
Platform
not an add-on on record
Control
Control
Share acquired
unknown
Industry
unknown
Target location
unknown
Seller kind
unknown
Rollover
unknown
Values, only where disclosed
Enterprise value
Not disclosed
Purchase price
Not disclosed
Equity value
Not disclosed
Target revenue
Not disclosed
Target EBITDA
Not disclosed
Multiple
Not disclosed
Parties and roles
7 named
Buy side
Advisory side
  • A•••• • O•••• L••Legal adviserconfirmed
    B••• S••••• G•••• L•• served as exclusive financial advisor and A•••• & O•••• served as legal counsel to W••• 3• in connection with this transaction.
  • W•••••• • G••••••• L••Legal adviserconfirmed
    Paul, Weiss, Rifkind, W•••••• • G••••••• L•• served as legal counsel to Oak H•••.
  • B••• S••••• G•••• L••Sell-side adviserconfirmed
    B••• S••••• G•••• L•• served as exclusive financial advisor and A•••• & O•••• served as legal counsel to W••• 3• in connection with this transaction.
Side not stated
  • J••• M••••Managementconfirmed
    “We would like to thank Guggenheim for its support in the initial phase of W••• 3•,” said J••• M••••, CFO of W••• 3•.
  • “We are delighted to form a new partnership with Oak H•••, an experienced investor in the broadband sector,” said J•• R•••••••••, CEO of W••• 3•.
  • W••• 3•Targetconfirmed
    W••• 3• Announces Majority Investment from Oak H••• Capital to Accelerate Fiber-to-the-Home Expansion in Florida
Evidence
W••• 3• Announces Majority Investment from Oak H••• Capital to Accelerate Fiber-to-the-Home Expansion in Florida
W••• 3• Announces Majority Investment from Oak H••• Capital to Accelerate Fiber-to-the-Hom | Private Equity Intelligence | DFX