Crestview Partners strategically invests in global broadband distributor Digicomm

Aug. 24, 2022
New investment builds on private equity firm Crestview’s deep experience in the cable and telecommunications industries. Digicomm founder Rob Donziger will remain a major investor and continue as CEO.

Private equity firm Crestview Partners just announced that it has made a significant investment in Colorado-based value-added broadband distributor and reseller Digicomm International

Financial terms of the transaction were not disclosed.

Founded in 1993 by Rob Donziger, Digicomm provides equipment and services for the global broadband industry, with specialization in the $2+ billion hybrid fiber-coaxial (HFC) market and a growing presence in the $4+ billion fiber (FTTx) market. 

The company says it offers mission-critical products on a just-in-time basis and vendor managed inventory and engineering services to MSOs and other telecommunication providers.

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 be joining the Crestview board of directors along with Rob Donziger, and Brian Cassidy and Ben Rhyne from Crestview.

Digicomm was advised in the transaction by Moelis & Company LLC and Brownstein Hyatt Farber Schreck, LLP. Crestview was advised by BofA Securities Inc., Barclays and Davis Polk & Wardwell LLP. 

Founded in 1993, Digicomm is an industry-leading value-added broadband distributor and reseller, and a key strategic partner to its customers helping them keep up with the rigorous demands of their broadband plant operations. 

Digicomm’s inventory is composed of core distributed products aimed at the day-to-day, upgrade, and new construction needs of its customers, proprietary products, and an extensive library of hard-to-find specialty components. 

Digicomm has its main distribution center (250,000+ square feet) in the Denver, Colorado area, which also serves as the company’s headquarters. 

Founded in 2004, Crestview Partners is a private equity firm focused on the middle market. The firm is based in New York and manages funds with approximately $10 billion of aggregate capital commitments.

QUOTES

“We are excited to have Crestview as our partner for this next phase in Digicomm’s growth and evolution. 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+ years and believe Crestview’s investment will enable us to build meaningfully as we plan for the future.” -- Rob Donziger, CEO of Digicomm. 

“We are thrilled to be partnering with Rob Donziger and the talented Digicomm management team. We believe that Crestview can support Digicomm’s growth through organic investments and M&A to expand the Company’s breadth of product and service offerings as it continues to serve as a value-added partner to its customers in the evolving broadband and communications industries.”

-- Brian Cassidy, co-president and head of media, Crestview.

For more news, products, and technical profiles in the broadband cable and telecommunications technology industries, subscribe to BTR's newsletter and follow us on LinkedInTwitter, and Facebook.

About the Author

BTR Staff

EDITORIAL
STEPHEN HARDY
Editorial Director and Associate Publisher
[email protected]
MATT VINCENT
Senior Editor
[email protected]
SALES
KRISTINE COLLINS
Business Solutions Manager
(312) 350-0452
[email protected]
JEAN LAUTER
Business Solutions Manager
(516) 695-3899
[email protected]

Sponsored Recommendations

The Pluggable Transceiver Revolution

May 30, 2024
Discover the revolution of pluggable transceivers in our upcoming webinar, where we delve into the advancements propelling 400G and 800G coherent optics. Learn how these innovations...

The Journey to 1.6 Terabit Ethernet

May 24, 2024
Embark on a journey into the future of connectivity as the leaders of the IEEE P802.3dj Task Force unveil the groundbreaking strides towards 1.6 Terabit Ethernet, revolutionizing...

From 100G to 1.6T: Navigating Timing in the New Era of High-Speed Optical Networks

Feb. 19, 2024
Discover the dynamic landscape of hyperscale data centers as they embrace accelerated AI/ML growth, propelling a transition from 100G to 400G and even 800G optical connectivity...

Advancing Data Center Interconnect

July 31, 2023
Large and hyperscale data center operators are seeing utility in Data Center Interconnect (DCI) to expand their layer two or local area networks across data centers. But the methods...