Weil Advised GI Partners in its Acquisition of Vast Broadband

Weil advised GI Partners, an investor in data infrastructure businesses in the United States, in its acquisition of Vast Broadband, a provider of high-speed broadband, video and phone services to more than 60,000 residential and business customers in South Dakota and Minnesota. Financial terms of the transaction have not been disclosed. The transaction is subject to regulatory and stockholder approvals, and other customary closing conditions.

The Weil team that advised GI Partners was led by Private Equity Co-Head Doug Warner and included Private Equity associate Rachel Lowitz. The team also included Banking & Finance associate Justina Chen; Tax partner Jonathan J. Macke; Tax associate Carlos Parra; Private Equity Executive Compensation & Benefits Head Michael Nissan; Executive Compensation & Benefits partner Sarah Downie; Executive Compensation & Benefits associate Lauren Sawyer (Not Yet Admitted in New York); Technology & IP Transactions partner Jeffrey Osterman; Technology & IP Transactions/Privacy associates Robert Brown and Caleb Small; and Environmental Head Annemargaret Connolly.