M&A · Tech · Cable & Other Pay Television Services
DigitalBridge and Crestview Partners to acquire WideOpenWest, Inc.
Announced Aug 11, 2025 · Closed Dec 31, 2025
Deal value$1.50BEV $1.50B
Premium37.2%To unaffected price
EV / Adj. EBITDA6.6x2.5x EV / Revenue
ConsiderationAll cash$5.20 per share
Transaction
- Acquirer
- DigitalBridge and Crestview Partners
- Target
- WideOpenWest, Inc. (WOW)
- Buyer type
- Private equity
- Offer price per share
- $5.20
- Enterprise value
- $1.50B
- Status
- Closed Dec 31, 2025
Deal protections
- Break fee (target pays)
- $15.8M · 1.1%
- Reverse fee (buyer pays)
- $31.6M · 2.1%
- Go-shop
- No-shop
- Financing
- —
Advisors
- To the acquirer
- LionTree
- To the target
- Centerview
- Centerview fee
- $19.4M
Sector context · Tech
- Comparable deals
- 59 in the prior 24 months
- Premium
- 37.2% vs. 37.0% sector median
- EV / Adj. EBITDA
- 6.6x vs. 16.7x sector median
- Break fee
- 1.1% vs. 3.0% sector median
Timeline
- AnnouncedAug 11, 2025
- Proxy filedSep 17, 2025
- Definitive proxyOct 27, 2025
- Shareholder voteDec 3, 2025
- ClosedDec 31, 2025
Valuation · fairness opinions
Trading comparables$2.60$5.95
Precedent transactions$5.95$10.85
Discounted cash flow$3.05$6.75
Analyst price targets$4.00$6.50
Offer $5.20
Implied value per WideOpenWest, Inc. share by analysis, from Centerview · DCF discount rate 8%–9%.