ABRY and Oak Hill Capital sell Atlantic Broadband to Cogeco Cable

Posted on: December 6, 2012 by asormaniNo Comments »

ABRY Partners IV, L.P and Oak Hill Capital Partners have sold all of the shares of Atlantic Broadband Group, a cable system operator, to Cogeco Cables. The transaction is valued at $1,360 million or 8.3x 2013E EBITDA. Cogeco is a Canada-based cable system operator.