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Equity firm buys second area Internet provider

Mega Broadband Investments, the company that recently acquired Eagle Communications, is in the process of acquiring Vyve Broadband.

If finalized the move will bring Marion County’s two main Internet providers under one umbrella.

Vyve Broadband, based in Oklahoma, provides cable and Internet services to customers in eight states across the Midwest, and southeastern U.S.

With the move, MBI will own three Internet and cable companies providing service to small-market communities in 18 states from Washington to Georgia.

MBI was established in 2017 in affiliation with Chicago-based equity firm GTCR.

Last modified Aug. 21, 2019

 

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