Acquisition by private equity completed; WOW! is now private
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Acquisition by private equity completed; WOW! is now private
"BOCA RATON, Fla.- Dec. 31, 2025 - DigitalBridge Group, Inc. ("DigitalBridge" or the "Company") (NYSE: DBRG), a leading global alternative asset manager dedicated to investing in digital infrastructure, and Crestview Partners ("Crestview"), a leading private equity firm, today announced that affiliated investment funds have completed their previously announced take-private acquisition of WideOpenWest, Inc. ("WOW!"), a top provider of fiber-broadband internet services and advanced connectivity solutions in the United States."
""We are excited to complete this transaction and begin a new era of growth. We look forward to investing in network and customer experience enhancements, pursuing operational excellence, and delivering an exceptional connected experience over WOW!'s high-performance networks," said Jonathan Friesel, Senior Managing Director and Head of Fiber at DigitalBridge."
"Brian Cassidy, President and Head of Media at Crestview Partners, said, "As a private company, WOW! will have strategic flexibility and resources to compete more effectively in its markets and pursue long-term growth. We believe this strategic infrastructure investment will allow us to bring advanced technology to these markets more quickly and will strengthen WOW!'s competitive position.""
DigitalBridge Group, Inc. and Crestview Partners completed a take-private acquisition of WideOpenWest, Inc. (WOW!) through affiliated investment funds. The transaction carries an enterprise value of approximately $1.5 billion, and WOW! shareholders received $5.20 in cash per share. WOW! common stock is no longer traded or listed on any public securities exchange. DigitalBridge intends to invest in network upgrades, customer experience enhancements, and operational improvements while leveraging WOW!'s high-performance fiber-broadband networks. Crestview emphasized strategic flexibility and resources as a private company to accelerate advanced technology deployment and strengthen WOW!'s competitive position for long-term growth.
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