Cable ONE Acquires Clearwave Communications
November 12, 2018
Cable ONE (NYSE: CABO) entered into a definitive agreement to acquire Clearwave Communications, a facilities-based fiber network operator headquartered in Harrisburg, Illinois. The acquisition gives Cable ONE a dense regional fiber footprint and expands its business/enterprise services capabilities within its existing markets; Clearwave was majority-owned by funds affiliated with Stephens Capital Partners LLC.
- Buyers
- Cable ONE, Inc.
- Targets
- Clearwave Communications
- Sellers
- Funds affiliated with Stephens Capital Partners LLC
- Industry
- Telecommunications
- Location
- Illinois, United States
- Transaction Type
- Buyout
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