Wiley Advises Searchlight in $3.1 Billion Acquisition of Consolidated Communications

Washington, D.C. - Wiley served as regulatory counsel to Searchlight Capital Partners, L.P. in its $3.1 billion acquisition of Consolidated Communications Holdings, Inc., a top 10 U.S. fiber provider. The transaction closed on December 27, 2024.

As part of the transaction, Searchlight, together with British Columbia Investment Management Corporation, acquired all of outstanding Consolidated's common stock not already owned by Searchlight for $4.70 per share and assumed its existing debt.

Wiley's Telecom, Media & Technology (TMT) team has advised Searchlight for years. This work was led by partners Megan L. Brown, Eve Klindera Reed, Daniel P. Brooks, and Wayne D. Johnsen. They were joined by associates Stephen J. Conley and Scott Bouboulis.

Wiley's TMT practice has extensive experience securing federal and state approvals of technology, fiber, infrastructure, wireless, media, satellite, undersea cable, and other deals before the Federal Communications Commission, the Committee on Foreign Investment in the United States, and the U.S. Departments of Justice, Homeland Security, Defense, Treasury, and other agencies.