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Our Private Equity Group provides trusted counsel derived from deep industry knowledge to established as well as up-and-coming private equity firms. We represent firms of every size across the spectrum of investment strategies, and we build long-standing relationships with our clients. As active participants in the private equity industry, we are able to advise our clients on the latest innovations, as well as current market practices and trends.

Crestview Partners to Take Significant Stake in WOW!

As reported in The Wall Street Journal and other media outlets, Paul, Weiss client Crestview Partners, a leading private equity firm based in New York, announced that funds it manages will acquire a significant stake in WOW!, a leading U.S. provider of high-speed Internet, cable TV and phone services. Under the agreement, the Crestview funds will purchase units held by Avista Capital Partners, among others, and make a $125 million primary investment in newly issued units. Financial terms of the transaction, expected to close before January 1, were not disclosed.

The Paul, Weiss team included corporate partners Neil Goldman, Kenneth Schneider and Monica Thurmond and counsel Menachem Kaplan; antitrust counsel Didier Malaquin; employee benefits partner Andrew Gaines; tax partner Richard Bronstein; real estate partner Peter Fisch; and environmental counsel William O'Brien.

December 11, 2015

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