Oak Hill Capital

Oak Hill Capital, established in 1986, is a U.S.-based private equity firm with a global presence. It specializes in buyouts, recapitalizations, and turnaround investments in middle-market companies across various sectors, including services, industrials, media & communications, consumer, and healthcare. The firm targets companies in North America, typically investing between $10 million and $400 million, and prefers to take a majority stake. Oak Hill Capital's investment strategy focuses on sectors such as business services, consumer products, financial services, healthcare, industrials, information technology, and technology. The firm is headquartered in Stamford, Connecticut, with additional offices in New York, New York, Bangalore, India, and Menlo Park, California.

Peter B. Armstrong

Principal

Scott A. Baker

Managing Partner

Aaron Brandeis

Associate

Tucker Brockett

Vice President

Jeff Butler

President

Jeffrey D. Butler

Vice President

Brandon Chandler

Vice President

Ryan A. Curnal

Vice President

Jenner Currier

Associate

Peter Esposto

Associate

Philip Goss

Associate

Richa Gupta

Associate

Adam Hahn

Principal

Stratton R. Heath III

Partner

Jocelyn Hung

Associate

Christopher Jewett

Associate

Jennifer Jun

Principal

Stefan Lainovic

Associate

Kevin M. Mailender

Partner

Sean Mathew

Associate

Micah D. Meisel

Partner

Jeff Mettam

Principal

John R. Monsky

Senior Partner

Denis Nayden

Advisory Managing Partner

Alexander Organ

Vice President

Steven Puccinelli

Managing Partner

John P. Rachwalski

Partner

Andrew Scheiner

Vice President

Meredith Starrett

Associate

Nicholas S. Theofanidis

Partner

Francesca Ventura

Associate

John Zimmerman

Partner

Past deals in Broadband

Race

Private Equity Round in 2024
Race Communications, Inc. is a fiber-to-the-premises operator that specializes in providing high-speed internet and communication services to a diverse clientele, including residential homes, small businesses, and large enterprises. Founded in 1994 and headquartered in South San Francisco, California, the company aims to bridge the digital divide between rural and urban areas. Race offers gigabit fiber internet and advanced communication solutions at competitive prices, ensuring that customers have access to reliable and affordable connectivity.

Wire 3

Acquisition in 2024
Wire 3 is a telecommunications company based in Rochester, New York, founded in 2021. It specializes in providing high-bandwidth data connections and internet services to consumers. The company focuses on delivering fast and reliable internet access, offering customizable bandwidth packages that cater to the needs of its customers in Central Florida. By prioritizing affordability and flexibility, Wire 3 aims to enhance the online experience for users seeking efficient and high-speed internet solutions.

Omni Fiber

Private Equity Round in 2022
Omni Fiber is an internet service provider that focuses on delivering high-speed internet, voice, and video services primarily to small markets in the Midwestern United States. The company is committed to providing clients with reliable and fast internet solutions, ensuring a seamless online experience. By catering to the specific needs of these smaller communities, Omni Fiber aims to enhance connectivity and communication options for its customers.

Greenlight Networks

Acquisition in 2022
Greenlight Networks, LLC is a broadband service provider based in Rochester, New York, specializing in fiber-to-the-home internet services for residential and small business customers. Founded in 2011, the company has established a robust fiber-optic network that delivers ultra-high-speed internet connections across the Rochester, Buffalo, and Binghamton regions. Greenlight Networks is committed to providing reliable and fast internet service without time lag, ensuring affordability for its users. Through its infrastructure, the company aims to enhance connectivity and support the digital needs of its communities.

Metronet

Private Equity Round in 2021
MetroNet Communication is a customer-focused provider of fiber optic telecommunication services. The company offers high-speed Fiber Internet, a comprehensive Fiber Phone service, and Fiber IPTV, which includes a diverse range of programming options. Additionally, MetroNet provides a home security solution known as MetroNet SmartHome. Through these services, MetroNet aims to deliver advanced connectivity and communication solutions to its customers.

Ontario & Trumansburg Telephone Company

Acquisition in 2021
Ontario & Trumansburg Telephone Company is a communication service provider that specializes in delivering ultra-fast fiber optic internet and telephone services to both residential and business customers. The company focuses on providing reliable and secure connections, offering fiber connections directly to homes and businesses. In addition to internet and phone services, Ontario & Trumansburg Telephone Company supplies the necessary equipment to ensure optimal performance for its users. Through its commitment to high-quality service, the company aims to meet the growing demand for efficient communication solutions in its service area.

GoNetspeed

Non Equity Assistance in 2021
GoNetspeed offers high-speed fiber optic Internet connectivity, emphasizing customer service for both residential and business clients. Founded by Frank Chiaino, who previously established Fibertech Networks, the company benefits from a leadership team with extensive experience in creating fiber networks nationwide. GoNetspeed provides a comprehensive range of services, including telephone, long-distance calling, and television packages featuring a variety of channels such as local networks, sports, news, and entertainment. This diverse offering positions GoNetspeed as a significant player in the broadband market, helping clients remain connected to essential services and information.

Race

Private Equity Round in 2020
Race Communications, Inc. is a fiber-to-the-premises operator that specializes in providing high-speed internet and communication services to a diverse clientele, including residential homes, small businesses, and large enterprises. Founded in 1994 and headquartered in South San Francisco, California, the company aims to bridge the digital divide between rural and urban areas. Race offers gigabit fiber internet and advanced communication solutions at competitive prices, ensuring that customers have access to reliable and affordable connectivity.

Sovernet Communications

Acquisition in 2016
Sovernet Communications is a telecommunications service provider operating in Vermont, New York, and southwest New Hampshire. The company specializes in middle mile fiber services, connecting data centers and other key infrastructure points with high-speed fiber optic networks. In addition to its core fiber services, Sovernet offers residential and business telephone and internet services, catering to both individual consumers and commercial clients. By expanding its network footprint, Sovernet aims to enhance connectivity and provide robust competition to established telecommunications providers in the region.

Oxford Networks

Acquisition in 2016
Oxford Networks is a technology company based in Maine that has been providing phone, internet, and data services for over a century. The company operates a robust fiber optic network that spans from Bangor to Boston, offering reliable connectivity to a diverse range of clients, including medical facilities, educational institutions, banks, and restaurants. Oxford Networks specializes in fiber-optic bandwidth infrastructure, delivering services such as data center solutions, managed IT services, voice communication, and internet access. Through its advanced technology services, Oxford Networks is contributing to the transformation of Maine into a modern technology-driven state.

Wave

Private Equity Round in 2012
Wave is a leading provider of video, internet and phone services on the West Coast, serving customers in communities in Washington, Oregon, and California. Wave, founded in 2003, is part of WaveDivision Holdings, LLC, which currently serves over 455,000 residential and business customers in Washington, Oregon, Sacramento, and the San Francisco Bay Area. WaveDivision Holdings is headquartered in Kirkland, Washington. Owned and operated by local industry leaders, WaveDivision Holdings supports its customers with decades of cable know-how. Its mission is to provide 100% of its cable systems with the latest technologies and upgrades including high-speed internet, digital cable, home phone service, international programming, DVR, HDTV, and TV On Demand services.

Atlantic Broadband

Private Equity Round in 2004
Atlantic Broadband, founded in 2003 and based in Quincy, Massachusetts, operates cable systems across several states including Pennsylvania, Florida, Maryland, West Virginia, Delaware, South Carolina, and New York. The company provides a range of services such as cable television video and programming, Wi-Fi for homes and small businesses, high-speed data services, home networking equipment, and support services. Additionally, Atlantic Broadband offers cable telephony services for residential subscribers, hosted voice services for businesses, and various advanced broadband services. The company also sells local advertising on satellite-delivered channels and provides equipment rental, installation, and reconnection services. Atlantic Broadband delivers its products through direct sales, telemarketing, web-based, and retail channels.
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