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DigitalBridge and Crestview complete take-private deal for WOW!
ColoradoBiz Staff //January 6, 2026//
Deposit Photos
Deposit Photos
DigitalBridge and Crestview complete take-private deal for WOW!
ColoradoBiz Staff //January 6, 2026//
BOCA RATON, Fla. — DigitalBridge Group Inc. and Crestview Partners have completed their previously announced take-private acquisition of WideOpenWest Inc., known as WOW!, a U.S. provider of fiber broadband internet services and connectivity solutions.
In Brief:
- DigitalBridge and Crestview completed a take-private deal for WOW!
- Transaction values the fiber broadband provider at about $1.5 billion
- WOW! shareholders will receive $5.20 per share in cash
- Company will invest in network upgrades and customer experience
The transaction was completed by affiliated investment funds of DigitalBridge, a global alternative asset manager focused on digital infrastructure, and Crestview, a private equity firm. Financial terms of the deal were disclosed earlier.
Jonathan Friesel, senior managing director and head of fiber at DigitalBridge, said the firm’s plan to invest in network upgrades, customer experience improvements, and operational efficiency as WOW! enters its next phase as a private company.
Brian Cassidy, president and head of media at Crestview Partners, said the move to private ownership will give WOW! greater strategic flexibility and resources to compete more effectively and pursue long-term growth.
Under the terms of the transaction, WOW! shareholders will receive $5.20 in cash for each share, valuing the deal at an enterprise value of about $1.5 billion. With the completion of the acquisition, WOW! common stock is no longer listed or traded on a public securities exchange.
Centerview Partners LLC served as sole financial adviser to the special committee of the WOW! board of directors that evaluated the transaction, with Wachtell Lipton Rosen & Katz acting as legal counsel to the committee.
LionTree Advisors was the sole financial adviser to DigitalBridge and Crestview. Morgan Stanley and Goldman Sachs served as structuring advisers. Simpson Thacher & Bartlett LLP acted as legal counsel to DigitalBridge, while Davis Polk & Wardwell LLP served as legal counsel to Crestview.
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