Stonepeak Infrastructure wraps up $8.1bn acquisition of Astound Broadband

Stonepeak Infrastructure wraps up $8.1bn acquisition of Astound Broadband

Alternative investment firm Stonepeak Infrastructure Partners has wrapped up its previously announced $8.1 billion acquisition of US cable operator company Astound Broadband. Stonepeak Infrastructure Partners acquired the company from TPG Capital and Patriot Media Management. The deal was announced in late 2020. Brian McMullen — Senior Managing Director at Stonepeak Infrastructure Partners said: “The acquisition […]

Stonepeak Infrastructure to acquire Astound Broadband for $8.1bn

Stonepeak Infrastructure to acquire Astound Broadband for $8.1bn

Stonepeak Infrastructure Partners has agreed to acquire Astound Broadband, an American cable operator company, from TPG Capital and Patriot Media Management, for $8.1 billion. According to the New York-based private equity firm, the deal is one of the largest private equity acquisitions in the US this year, and also the largest cable deal in the […]