Oak Hill to Acquire Majority Stake in Wyyerd From Carlyle

Oak Hill Capital has agreed to acquire a majority stake in Wyyerd Group Holdings LLC from Carlyle, changing the ownership of a fiber broadband provider serving Arizona and Southern California. Carlyle will retain a minority interest, but the companies have not disclosed the transaction value or the percentage Oak Hill will acquire. Wyyerd provides fiber connectivity to residential and business customers in the two states. The parties expect the transaction to close in January 2027, subject to regulatory approvals and other closing conditions. They have not identified which approvals remain or disclosed other financial terms.

Source: TokenPost