Crestview Partners, a private equity firm, has made an investment in Digicomm International, a Colorado-based value-added broadband distributor and reseller. Founded in 1993 by Rob Donziger, Digicomm provides equipment and services for the global broadband industry with specialization in the $2 billion-plus hybrid fiber-coaxial (HFC) market and a growing presence in the $4 billion-plus fiber (FTTx) market.
Digicomm offers mission-critical products on a “just-in-time” basis and vendor-managed inventory and engineering services to multiple systems operators (MSOs) and other telecommunication providers.
Donziger said, “Our focus on providing industry-leading products and services in an efficient manner to our customers is unwavering, and we look forward to having the additional scale and operational resources necessary to further drive these efforts. We are proud of the results we have achieved over the past 28-plus years and believe Crestview’s investment will enable us to build meaningfully as we plan for the future.”
Crestview’s prior investments in the cable and telecommunications sectors include Congruex, WOW!, Charter Communications, Insight Communications, Interoute Communications, and OneLink Communications.
As part of the transaction, John Schanz, former Chief Network Officer at Comcast Cable, will join the board along with Donziger, and Brian Cassidy and Ben Rhyne from Crestview.
Digicomm was advised by Moelis & Company LLC and Brownstein Hyatt Farber Schreck, LLP. Crestview was advised by BofA Securities Inc., Barclays and Davis Polk & Wardwell LLP. The financial terms of the transaction were not disclosed.
For more information, visit www.digicomm.com.
