Oak Hill Capital acquires majority stake in Wyyerd to boost fiber network expansion in Arizona and Southern California

Oak Hill Capital has agreed to acquire a majority stake in Wyyerd Group Holdings, a fiber-to-the-premises broadband provider in Arizona and Southern California, from Carlyle. This investment leverages Oak Hill's expertise in scaling fiber businesses to accelerate Wyyerd's network growth beyond its current footprint. Wyyerd, recognized for its high-speed and reliable internet service, will benefit from combined support by Oak Hill and Carlyle to expand its fiber network and serve more customers. The transaction is expected to close in January 2027, pending regulatory approvals.

Carlyle Group Inc (CG) shares are trading at USD 39.41 as of Oct 29, 2026 20:12 WIB, near their 52-week low of USD 35.77 and well below the 52-week high of USD 66.12. Despite this, CG shows a positive 1-day change of +0.90% and a dividend yield of 3.58%, indicating some investor confidence. The news of Oak Hill Capital acquiring a majority stake in Wyyerd from Carlyle comes while CG's shares remain on a buying trend on Pluang, with 100% buy order activity and a typical hold time of 112 days.