Vyve Broadband, LLC

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Vyve Broadband, LLC - overview

Established

2012

Location

-, NY, US

Primary Industry

Telecoms

About

Vyve Broadband is a telecommunications company focused on delivering high-speed internet, television, and phone services to residential customers across the United States, ensuring reliable connectivity with a range of customizable options. Founded in 2012 and headquartered in Rye Brook, US, Vyve Broadband provides communications services. The company was involved in a significant transaction where Mega Broadband Investments LLC acquired Vyve Broadband from BBH Capital Partners in July 2019, completing the deal in November 2019. Phil Spencer is the CEO of Vyve.


Vyve Broadband specializes in providing high-speed internet, television, and phone services primarily to residential customers, utilizing a hybrid fiber coaxial network and, in select areas, direct fiber-to-the-home connections. Their core offerings include broadband internet packages that emphasize reliable connectivity with varying speed options, including a notable 'Gig' service that delivers download speeds up to 960 Mbps. Additionally, Vyve offers customizable television services designed to accommodate diverse viewing preferences, coupled with crystal-clear phone service. The solutions are tailored to meet the needs of customers in various regions across the United States, including but not limited to Bryan County, Oklahoma.


Vyve's services are aimed at consumers who demand fast and dependable internet access for streaming, gaming, and remote work, enhancing their overall digital experience. Vyve Broadband's revenue model primarily revolves around subscription services, wherein customers pay monthly fees for their internet, television, and phone services. The firm operates on a direct-to-consumer basis, engaging with residential clients through various pricing plans that include discounts for autopay enrollment. For example, the internet services may incorporate a base price augmented by promotional rate discounts and autopay savings, while also including additional charges for installation and regulatory fees.


The pricing structure is designed to encourage longer-term commitments while providing flexibility in service options. The company’s flagship offerings, such as the Vyve Gig service and eero™ Mesh WiFi solutions, position it competitively in the market, enabling it to cater to a wide array of consumer needs. In July 2019, Mega Broadband Investments LLC agreed to acquire Vyve Broadband, LLC from BBH Capital Partners, which will enable the company to explore new market opportunities and enhance its service offerings. With the recent funding of USD 100.


00 mn from the Buyout round, Vyve Broadband aims to expand its services into additional regions and enhance its product line, although specific markets for expansion and new product details have not been disclosed.


Current Investors

GTCR, Mega Broadband Investments Holdings LLC

Primary Industry

Telecoms

Sub Industries

Telecoms Providers & Services, Internet Service Providers, Fiber Optics, Cable Service Providers

Website

www.vyvebroadband.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Vyve 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)
Add-on, Trade SaleCompletedATC Broadband LLC's Commercial Arm in Vidalia, GA-
Add-on, Trade SaleCompletedVyve Broadband, LLC-
Add-onCompletedJames Cable LLC-
BuyoutCompletedVyve Broadband, LLC-
Add-on, Trade SaleCompletedAllegiance Communications-

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