WaveDivision Capital (with The Pritzker Organization & Stephens Capital Partners) acquires EarthLink, Inc.
- Acquirer
- WaveDivision Capital (with The Pritzker Organization & Stephens Capital Partners)
- Target
- EarthLink, Inc.
- Deal Value
- Undisclosed
- Market
- United States
- Region
- North America
- Status
- Announced
- Announced
- October 15, 2026
What happened
WaveDivision Capital, The Pritzker Organization and Stephens Capital Partners announced they have partnered with EarthLink’s management team to acquire EarthLink, a US ISP serving over 500,000 customers; the announcement did not disclose the purchase price.
Why it matters
An owner-operator buyout of a nationwide, asset‑light ISP signals continued investor appetite for consumer and SMB broadband platforms that aggregate third‑party fiber/5G reach; it may accelerate wholesale partnerships and local market consolidation among regional broadband providers.
Source: EarthLink / PR Newswire press release
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