Clearwave Fiber LLC/Point Broadband, LLC

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Clearwave Fiber LLC/Point Broadband, LLC - overview

Location

-, -, US

Primary Industry

Telecoms

About

Clearwave Fiber LLC/Point Broadband, LLC is a telecommunications company based in the US, providing high-speed fiber-optic internet services tailored for both residential and business customers across diverse geographic markets. Clearwave Fiber LLC specializes in delivering internet connectivity solutions. The company was acquired by Cable One, Inc. alongside other partners in 2022.


In January 2026, GTCR and Berkshire Partners announced a merger with Point Broadband, LLC to enhance service delivery in rural and underserved regions. The company operates its headquarters in the US. Clearwave Fiber provides high-speed, 100% fiber-optic internet services tailored for both residential and business customers. The company’s core offering includes Fiber Internet, which delivers superior upload and download speeds, premium reliability, and no data caps or contracts.


This service supports modern internet demands, ensuring seamless connectivity for streaming, gaming, and remote work across multiple devices. Clearwave Fiber aims to expand its service reach to over 500,000 locations, focusing on urban and suburban areas. Clearwave Fiber generates revenue through subscription-based models, primarily for residential and business internet services. Pricing for these services starts as low as USD 34.


99 per month, reflecting the company's competitive pricing strategy. Its business-class services are designed for enterprises, ensuring high network uptime and local tech support, which fosters long-term client relationships and recurring revenue streams. Following the merger in January 2026, Clearwave Fiber LLC aims to significantly extend its telecommunications services into rural areas and other underserved markets. This strategic expansion is backed by the recent investments from Berkshire Partners, GTCR, and Stephens Capital Partners.


The formation of the new company is intended to enhance service delivery and improve internet access in these regions.


Primary Industry

Telecoms

Sub Industries

Cable Service Providers, Fiber Optics, Telecoms Providers & Services

Website

www.clearwavefiber.com/

Total Amount Raised

Subscriber access only

Clearwave Fiber LLC/Point Broadband, LLC - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Company FormationAnnouncedClearwave Fiber LLC/Point Broadband, LLC-
Add-on, Trade SaleCompletedPoint Broadband, LLC-
Add-onCompletedClearwave Fiber LLC-
Add-on, Trade SaleCompletedPoint Broadband, LLC-

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