Oak Hill Capital to Acquire Hunter Communications

Oak Hill Capital has entered into a definitive agreement to acquire Hunter Communications, Oregon’s largest privately owned fiber-optic internet provider. Oak Hill’s investment and long-standing digital infrastructure expertise will assist Hunter in accelerating its fiber-to-the-premises network expansion plan around its existing fiber footprint in Oregon and Northern California. Financial terms were not disclosed. Founded in 1994, Hunter is a leading regional residential, commercial, and enterprise fiber-optic internet provider operating more than 3,000 route miles of fiber network passing approximately 100,000 locations. Headquartered in Medford, Oregon, the Company delivers multi-gig symmetrical speeds, low latency, and high network availability to more than 25,000 customers across the Pacific Northwest. Oak Hill’s acquisition of Hunter marks the firm and its predecessors’ 22^nd broadband communications investment and comes at a time when demand for high-speed broadband is increasing, in particular in the types of tier II and tier III markets Hunter targets.