Oak Hill Capital agreed on 29 October 2026 to acquire a majority stake in Wyyerd, a fibre broadband provider in Arizona and Southern California, from Carlyle.
Why Oak Hill Capital is buying Wyyerd Group Holdings, LLC (majority stake, from Carlyle)
Wyyerd, launched in 2017 and led by chief executive Justin Freesmeier, offers speeds of up to 8 Gbps to residential and business customers. Oak Hill said it would bring its experience to the company's next phase of growth.
Deal terms and financing
Terms were not disclosed. Carlyle, which acquired majority control in 2021, will keep a minority stake.
Regulatory approvals and timing
Completion is subject to customary regulatory approvals and is expected in January 2027.
Market context
Oak Hill has a string of fibre-to-the-home investments, including Wire 3, Greenlight Networks, Hunter Communications and MetroNet. Wyyerd's sale process, run with TD Securities, was previously reported by Infralogic.
