Oak Hill Capital to Acquire Fiber Internet Provider Wyyerd From Carlyle

Paul, Weiss is advising Oak Hill Capital on its acquisition of a majority stake in fiber-to-the-premises broadband provider Wyyerd Group Holdings, LLC, from global investment firm Carlyle. Under the agreement, Carlyle will retain a minority stake in Wyyerd, which operates in Arizona and Southern California. The transaction is expected to close in January 2027, subject to customary regulatory approvals and closing conditions. Financial details were not disclosed.

The Paul, Weiss team includes corporate partners Brian Lavin, Thomas de la Bastide, Erika Detjen, David Hong, Ishan Jhingran and Steven Kaye; tax partners Reuven Garrett and Kiran Sheffrin; executive compensation partner Rebecca Coccaro; intellectual property partner Chuck Googe; real estate partner Peter Fisch; antitrust partner Peter McCormack; litigation counsel Audrey Paquet; and environmental counsel William O’Brien.