GTCR to acquire broadband assets of Eagle Communications, Vyve Broadband

GTCR, a private equity firm, has announced that it has signed a definitive agreement to acquire the broadband assets of Eagle Communications and Vyve Broadband (“Vyve”) from BBH Capital Partners (“BBHCP”), the company said.

Founded in 1948, and headquartered in Hays, Kansas, Eagle serves customers across Kansas, Nebraska and Colorado. Aside from the transferring broadband assets, Eagle also owns and operates a collection of radio stations. The acquisition will be completed through GTCR´s previously established management partnership with Mega Broadband Investments (“MBI”) and comes less than a year after MBI´s initial platform investment in Northland Communications (“Northland”).

Founded in 2012, and operationally headquartered in Shawnee, OK, Vyve provides high-speed data, television and voice services to residential and business customers in rural markets across Oklahoma, Kansas, Texas, Arkansas, Louisiana, Tennessee, Georgia and Wyoming.

Founded in 1980, GTCR is a private equity firm focused on investing in growth companies in the Growth Business Services, Technology, Media & Telecommunications, Healthcare and Financial Services & Technology industries. The Chicago-based firm pioneered The Leaders Strategy™ – finding and partnering with management leaders in core domains to identify, acquire and build market-leading companies through transformational acquisitions and organic growth. Since its inception, GTCR has invested more than USD 15 billion in over 200 companies. For more information, visit

Mega Broadband Investments was formed in October 2017 as a partnership between Phil Spencer and GTCR. Mega Broadband Investments´ mission is to build a broadband provider delivering high speed data, video and voice services to residential and commercial customers..

Northland Communications is a provider of communications services. Northland owns and operates smaller-market cable systems in Alabama, California, Georgia, Idaho, North Carolina, South Carolina, Texas and Washington. Headquartered in Seattle, Washington, Northland offers high-speed Internet, digital and high definition television and voice services to individuals and businesses. For more information, visit

Eagle Communications, Inc. is a Kansas-based Broadband Services and Media company. The company operates radio stations in Kansas, Nebraska and Missouri as well as cable TV systems in Kansas, Nebraska and Colorado. The company also offers e-business solutions, web hosting, telephone service, high-speed Internet and wireless Internet in most service areas. For more information, log on to

Vyve Broadband was founded in 2012 and largely serves rural communities in eight states, including Oklahoma, Kansas, Texas, Arkansas, Louisiana, Tennessee, Georgia and Wyoming. Vyve offers an extensive range of broadband, fiber connectivity, cable television and voice services for commercial and residential customers. Residential services include high-speed Internet with services up to Vyve Gig, all-digital and high-definition video and digital voice services. Vyve Business Services provides optical Ethernet, PRI and hosted voice services to the business community.