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Oak Hill Capital to acquire Wyyerd majority stake

PRIVATEOct 29, 2026

Acquiring Company

Oak Hill Capital

Acquired Company

Wyyerd Group Holdings

New YorkPhoenixFinancial ServicesFinanceVenture CapitalAngel InvestmentHardwareInternet

Description

Oak Hill Capital has agreed to acquire a majority stake in Wyyerd Group Holdings, LLC from Carlyle. Wyyerd is a fiber broadband provider in Arizona and Southern California led by CEO Justin Freesmeier. Carlyle will retain a minority stake, and the transaction is expected to close in January 2027 subject to regulatory approvals.

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Company Information

Company

Oak Hill Capital

Location

New York, New York, United States

About

Oak Hill Capital is a private equity firm focused on investing in growth-oriented businesses. They typically invest across various sectors including technology, healthcare, and consumer products. The firm's strategy involves working closely with portfolio companies to create value. Oak Hill Capital has a strong track record of successful business growth and expansion.

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Frequently asked

Who acquired Wyyerd Group Holdings?

Wyyerd Group Holdings was acquired by Oak Hill Capital, based in New York. The deal was reported on October 29, 2026. Oak Hill Capital is a private equity firm focused on investing in growth-oriented businesses. They typically invest across various sectors including technology, healthcare, and consumer products. Oak Hill Capital is privately held and operates in Financial Services.

When did Oak Hill Capital acquire Wyyerd Group Holdings?

Oak Hill Capital's acquisition of Wyyerd Group Holdings was reported on October 29, 2026. Oak Hill Capital has agreed to acquire a majority stake in Wyyerd Group Holdings, LLC from Carlyle. Wyyerd is a fiber broadband provider in Arizona and Southern California led by CEO Justin Freesmeier. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Wyyerd Group Holdings do?

Wyyerd is a fiber-to-the-premises broadband provider operating in Arizona and Southern California. The company provides high-speed fiber connectivity to residential and business customers. It is privately held, operating in Hardware, and is based in Phoenix.

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