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RiverStreet Communications Enters Agreement with Oaktree for Asset Purchase to Enhance Financial Strength

Oct 21, 2026

Contract Type

agreement

WilkesboroHardware

Description

RiverStreet Communications has announced an asset purchase agreement with Oaktree Capital Management, which aims to strengthen its financial foundation. The company will receive $20 million in new financing to support ongoing operations and ensure service continuity during the transition.

Company Information

Company

RiverStreet Management Services

Location

1400 RIVER STREET

Wilkesboro, North Carolina, United States

About

RiverStreet Networks was born out of a desire to expand the current services offered to customers primarily in Wilkes County to customers outside of Wilkes Communications, Inc.'s traditional service area. RiverStreet Networks is a subsidiary of Wilkes Communications, Inc., a North Carolina based company that has been in the communications business for over 60 years. With decades of experience providing communications and technology solutions for businesses large and small, RiverStreet Networks strives to be your business and technology partner.

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