GI Partners Agrees to Sale of its Stake in Wave Broadband

GI Partners has agreed to the sale of its position in Wave Broadband to TPG Capital through its existing platform RCN Telecom Services. The sale is expected to close in the second half of 2017 and creates the nation’s sixth largest cable operator. Below please find a link to the press release for the transaction.

http://www.businesswire.com/news/home/20170522006000/en/TPG-Capital-Backs-RCN%E2%80%99s-Acquisition-Wave-Broadband