Key Takeaways
- • Trive Capital has closed the sale of EarthLink, one of the largest internet service providers in the United States serving over 500,000 customers, to a family office consortium.
- • The buyer group comprises WaveDivision Capital, The Pritzker Organization and Stephens Capital Partners, acting in partnership with EarthLink's management team.
- • EarthLink is headquartered in Atlanta, Georgia, according to the AltAssets Private Equity News report.
- • The same deal roundup reports that Shrieve has acquired Research Solutions Group; the primary source excerpt available for this article does not provide deal terms for that transaction.
Summary
Trive Capital has announced the closing of its sale of EarthLink to a family office consortium made up of WaveDivision Capital, The Pritzker Organization and Stephens Capital Partners, according to AltAssets Private Equity News. The transaction was completed in partnership with EarthLink's management team. Headquartered in Atlanta, Georgia, EarthLink is described as one of the largest internet service providers in the United States, serving more than 500,000 customers.
The buyer group pairs three investment firms with family office capital, with WaveDivision Capital, The Pritzker Organization and Stephens Capital Partners named as the consortium members. The participation of management alongside the buyers indicates continuity in the company's leadership following the change of ownership.
The same roundup headline also reports that Shrieve has acquired Research Solutions Group. The available source material for this item is limited, and the excerpt does not disclose the purchase price, deal structure or other terms of that transaction.
The full article is behind a premium paywall, so the financial terms of the EarthLink transaction, including the purchase price, are not available in the source material reviewed for this summary.
The buyer group pairs three investment firms with family office capital, with WaveDivision Capital, The Pritzker Organization and Stephens Capital Partners named as the consortium members. The participation of management alongside the buyers indicates continuity in the company's leadership following the change of ownership.
The same roundup headline also reports that Shrieve has acquired Research Solutions Group. The available source material for this item is limited, and the excerpt does not disclose the purchase price, deal structure or other terms of that transaction.
The full article is behind a premium paywall, so the financial terms of the EarthLink transaction, including the purchase price, are not available in the source material reviewed for this summary.
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.