WideOpenWest Set for Major Acquisition by DigitalBridge and Crestview Partners
Deal News | Aug 11, 2025 | Goodwin
WideOpenWest, Inc. (WOW!), a publicly traded company listed as NYSE: WOW, has entered into a definitive agreement to be acquired by investment funds connected with DigitalBridge Investments, LLC and Crestview Partners. The structured deal, valued at approximately $1.5 billion, includes an all-cash transaction at $5.20 per share for all outstanding shares of WOW! not already owned by Crestview and its affiliates. Crestview, who is the largest shareholder of WOW!, will be rolling over its shares as part of the deal. The transaction highlights the continued interest of private equity in telecommunications infrastructure, with DigitalBridge and Crestview aiming to bolster their asset portfolio in this domain. Centerview Partners played a crucial advisory role to the Special Committee of WOW! with Goodwin acting as legal advisors.
Sectors
- Private Equity
- Telecommunications
Geography
- United States – The acquisition involves WideOpenWest, a U.S.-based company, and American investment firms DigitalBridge and Crestview Partners.
Industry
- Private Equity – The acquisition of WideOpenWest is a classic example of private equity investment where investment firms DigitalBridge and Crestview Partners are acquiring the company.
- Telecommunications – WideOpenWest operates within the telecommunications sector, which is the focus of this acquisition.
Financials
- $1.5 billion – The enterprise value of the acquisition deal for WideOpenWest.
- $5.20 per share – The price per share being paid for all outstanding shares of WideOpenWest in the transaction.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| WideOpenWest, Inc. | Target Company | Company | A telecommunications service provider, also known as WOW!, being acquired in this transaction. |
| DigitalBridge Investments, LLC | Bidding Company | Company | An investment firm leading the acquisition of WideOpenWest alongside Crestview Partners. |
| Crestview Partners | Bidding Company | Company | A private equity firm and major shareholder of WOW!, involved in the acquisition. |
| Centerview Partners | Financial Advisor | Company | Advised the Special Committee of WideOpenWest on their definitive agreement for the acquisition. |
| Goodwin | Legal Advisor | Company | The law firm representing Centerview Partners in this matter. |