wiredInUSA December 2020

Broadband acquisition

Stonepeak Partners has acquired Astound Broadband for $3.6 billion. Astound, previously owned by private equity firm TPG and cable management company Patriot Media Management, is the operator of RCN Telecom Services LLC, Grande Communications, Wave Broadband and enTouch Systems. It provides high speed internet, broadband, digital TV and telephone services to over a million customers around the country. Infrastructure

“We are delighted to partner with … the Astound team for the next chapter of growth,” said Brian McMullen, partner at Stonepeak. “In our increasingly connected society, we believe there is an extraordinary opportunity to deliver faster speeds and greater coverage, fundamentally enabling many aspects of everyday life.”

The Beta LaserMike brand has been faithfully serving the wire and cable industry for over 50 years and we have thousands of satisfied customers that rely on our measurement systems every day to improve quality, increase productivity and deliver manufacturing savings. We are committed to your success. Precision Measurement & Control Solutions

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