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- WideOpenWest
WideOpenWest Acquisition, Valuation, Funding & Investors
WideOpenWest was acquired by DigitalBridge Group for $1.5B in August 2025, a 2.5x multiple on $590M of revenue.
WideOpenWest revenue at acquisition
$590M
Last twelve months · Aug 2025
WideOpenWest revenue multiple at acquisition
2.5x
EV/Revenue · Aug 2025
Cumulative funding WideOpenWest raised
$125M
across 1 funding round
WideOpenWest Overview
About WideOpenWest
WideOpenWest (WOW!) is a U.S. broadband and cable provider offering fiber and cable internet, video, and phone services to residential and business customers, primarily across Midwest and Southeast markets. Headquartered in Denver, Colorado, the company serves nearly two million homes and businesses passed across 20 markets. WOW! was taken private in a 2025 acquisition by DigitalBridge Group and Crestview Partners.
HQ
Website
Status
Acquired
Customer focus
B2C & B2B
Revenue model
Subscription
Revenue
$590M (Aug 2025)
Valuation
$1.5B (acquired Aug 2025)
Sectors
WideOpenWest Acquisition
WideOpenWest was acquired by DigitalBridge Group for $1.5B on 11 August 2025.
The acquisition price implies a 2.5x revenue multiple on $590M of revenue.
Before the acquisition WideOpenWest had raised $125M across 1 funding round.
WideOpenWest, Inc. (WOW!), a leading U.S. provider of fiber-broadband internet services and advanced connectivity solutions, was taken private through a $1.5 billion acquisition by affiliated investment funds of DigitalBridge Group, Inc., a global alternative asset manager focused on digital infrastructure managing $108 billion in assets, and Crestview Partners, a private equity firm and WOW!'s largest stockholder. The deal closed on December 31, 2025, after announcement on August 11, 2025, with WOW! shareholders receiving $5.20 per share in cash, representing a 37.2% premium to the unaffected price of $3.79 and 63% to the August 8 closing price. Crestview rolled over its existing shares, while WOW! common stock ceased trading on public exchanges following stockholder and regulatory approvals. DigitalBridge and Crestview plan to expand WOW!'s fiber deployments, launch network modernization initiatives, invest in customer experience enhancements, and pursue operational excellence to accelerate growth and deliver reliable broadband at competitive prices. WOW! CEO Teresa Elder highlighted opportunities for stakeholders, with DigitalBridge's Jonathan Friesel emphasizing network upgrades and technology adoption, and Crestview's Brian Cassidy noting support for geographic expansion. Advisors included Centerview Partners and Wachtell, Lipton, Rosen & Katz for WOW!'s special committee, enabling a new phase as a private entity focused on high-performance networks.
| Acquirer | Date | Type | Price | EV/Revenue |
|---|---|---|---|---|
| 11 Aug 2025 | Strategic M&A | $1.5B | 2.5x |
WideOpenWest Funding History
WideOpenWest has raised a total of $125M across 1 funding round.
WideOpenWest funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Dec 2015 | Undisclosed stage | Crestview Partners (lead) | $125M | WideOpenWest (WOW!), a broadband and cable overbuilder primarily serving the Midwest with about 782,000 subscribers in 2015, received a $125 million investment from Crestview Partners around December 2015, acquiring a 35% stake from Avista Capital Partners and other investors who had bought in for $800 million in 2006. Crestview, a New York-based private equity firm with experience in telecom including early investment in Charter Communications, aimed to support WOW's growth through market expansion and enhanced customer experience. WOW CEO Steven Cochran highlighted the partnership's potential to capitalize on opportunities while maintaining service quality, with Jeff Marcus from Crestview becoming chair of the board. The transaction marked Crestview's fourth investment since 2004 and positioned the firm to drive value in the overbuilder segment. Avista praised WOW's diversification and leadership under Colleen Abdoulah. Later developments include Crestview's ongoing involvement, culminating in a 2025 take-private deal with DigitalBridge at $1.5 billion enterprise value and $5.20 per share, where Crestview rolled over its roughly 37-39% stake. WOW operates in 20 markets with a focus on broadband, serving nearly 2 million passings across Midwest and Southeast states. |
Who has invested in WideOpenWest?
1 investor has backed WideOpenWest across its funding rounds, including Crestview Partners.
Lead investors include Crestview Partners.
WideOpenWest Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
This data is available for Pro users. Sign up to see all 1 WideOpenWest investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialAcquisitions by WideOpenWest
WideOpenWest has acquired 1 company to date.
Last acquisition by WideOpenWest was on August 2nd 2016. WideOpenWest acquired NuLink for $54M.
Latest Acquisitions by WideOpenWest
| Description | NuLink is a Newnan-headquartered telecommunications provider serving South Atlanta with cable TV, fiber internet up to 1 Gbps, and VoIP phone services. Spun off from Newnan Utilities in 2008, it covers Coweta, Fayette, and Meriwether counties, connecting 15,000 residential and business customers. NuLink invests $10 million annually in network upgrades for 99% reliability. |
| HQ Country | |
| HQ City | Atlanta, GA |
| Deal Date | 2 Aug 2016 |
| Valuation | $54M |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all WideOpenWest acquisitions and their M&A valuation multiples. Start Free Trial | |
Investments by WideOpenWest
WideOpenWest has invested in 1 company to date.
Latest investment by WideOpenWest was on August 26th 2013. WideOpenWest invested in Tower Cloud in their $18M Undisclosed stage round.
Latest Investments by WideOpenWest
| Description | Tower Cloud is a telecommunications infrastructure provider that delivers backhaul connectivity for wireless carriers through fiber optic and microwave networks. The company operates in the Orlando, Miami, and Atlanta markets, linking cell sites to core switching centers with Ethernet and SONET services. Founded in 2006 and headquartered in St. Petersburg, Florida, Tower Cloud supports major carriers like AT&T and Verizon in handling mobile data traffic growth. |
| HQ Country | |
| HQ City | St. Petersburg, FL |
| Deal Date | 26 Aug 2013 |
| Round | Undisclosed stage |
| Raised | $18M |
| Investors | Ballast Point Ventures; Sutter Hill Ventures; El Dorado Ventures; Florida Opportunity Fund; Kinetic Ventures; Odyssey Investment Partners; Florida Growth Fund; The Barton Partnership; Noro-Moseley Partners |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all WideOpenWest investments and their VC round multiples. Start Free Trial | |
WideOpenWest Competitors
WideOpenWest competitors include listed companies like StarHub, Telia Lietuva, Beijing Gehua CATV and Vtech, and private ones like Airalo and United Internet Ventures.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $1.8B | $309M | $1.5B | 1.4x | ||
| Publicly listed | $584M | $225M | $1.5B | - | ||
| Publicly listed | $331M | $76M | $1.4B | 1.5x | ||
| Publicly listed | $2B | $226M | $1.6B | 0.7x | ||
| Private | $59M | - | $1B | 16.9x | ||
| Private | - | $324M | $2.7B | - |
WideOpenWest Public Comps
WideOpenWest is no longer listed, but its public comps include StarHub, Telia Lietuva, Beijing Gehua CATV, Vtech, CITIC Guoan Information, Telkom South Africa, Gamma Communications, Liberty Latin America, Guizhou Broadcasting & TV and Orange Belgium.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $1.8B | $309M | 1.3x | 1.4x | 7.8x | 8.7x | |||
| $584M | $225M | 2.7x | - | 7.1x | - | |||
| $331M | $76M | 1.4x | 1.5x | 6.2x | 6.5x | |||
| $2B | $226M | 0.7x | 0.7x | 6.4x | 6.7x | |||
| $495M | $53M | 3.5x | - | 32.3x | - | |||
| $2.7B | $724M | 0.8x | 0.7x | 2.8x | 2.6x | |||
| $867M | $176M | 1.6x | 1.6x | 7.8x | 7.2x | |||
| $4.4B | $909M | 2.2x | 2.3x | 11.0x | 6.2x | |||
This data is available for Pro users. Sign up to see all WideOpenWest competitors and their valuation data. Start Free Trial | ||||||||
Common questions about WideOpenWest
| Where is WideOpenWest headquartered? | WideOpenWest is headquartered in United States. |
| Is WideOpenWest publicly listed? | No, WideOpenWest was acquired by DigitalBridge Group in August 2025. |
| Who acquired WideOpenWest? | WideOpenWest was acquired by DigitalBridge Group in August 2025. |
| How much was WideOpenWest acquired for? | WideOpenWest was acquired for $1.5B in August 2025, a 2.5x revenue multiple. |
| How much funding has WideOpenWest raised? | WideOpenWest has raised $125M across 1 funding round. |
| What was WideOpenWest's last funding round? | WideOpenWest's last funding round was a $125M undisclosed-stage round in December 2015, led by Crestview Partners. |
| Who are WideOpenWest's investors? | WideOpenWest's investors include Crestview Partners. |
| Which companies are comparable to WideOpenWest? | Companies comparable to WideOpenWest include StarHub, Telia Lietuva, Beijing Gehua CATV, Vtech, Airalo and United Internet Ventures. |
| How many companies has WideOpenWest acquired? | WideOpenWest has acquired 1 company, including NuLink. |
| What was the largest acquisition by WideOpenWest? | The $54M acquisition of NuLink in August 2016 is the largest acquisition WideOpenWest has made to date. |
| How many companies has WideOpenWest invested in? | WideOpenWest has invested in 1 company, including Tower Cloud. |
| What was WideOpenWest's last investment? | In August 2013, WideOpenWest invested in Tower Cloud's $18M undisclosed-stage round alongside Ballast Point Ventures, Sutter Hill Ventures, El Dorado Ventures and 6 other investors. |
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