# WaveDivision, Stephens Capital, Pritzker Acquire EarthLink

> WaveDivision, Stephens Capital, and The Pritzker Organization acquire EarthLink to expand broadband services nationwide.
- Title: WaveDivision, Stephens Capital, Pritzker Acquire EarthLink
- Summary: WaveDivision, Stephens Capital, and The Pritzker Organization acquire EarthLink to expand broadband services nationwide. WaveDivision Capital, Stephens…
- Keywords: wave division capital, stephens capital partners, the pritzker organization, earthlink, broadband services, internet service provider, geographic reach, fiber internet, 5g network, startups, business, WaveDivision
- Source: Pulse 2.0 — https://pulse2.com/wavedivision-stephens-capital-and-the-pritzker-organization-acquire-earthlink
- Author: Amit Chowdhry
- Published: 2026-10-16T19:46:03+00:00
- Read time: 1 min
- Topics: wave division capital, stephens capital partners, the pritzker organization, earthlink, broadband services, internet service provider, geographic reach, fiber internet, 5g network, startups, business
## Acquisition Announcement
WaveDivision Capital, Stephens Capital Partners, and The Pritzker Organization partner with EarthLink’s management to acquire the Atlanta-based internet service provider serving over 500,000 customers nationwide.
## Investor Strategy
The investor group plans to expand EarthLink’s geographic reach, strengthen fiber and 5g network partnerships, and broaden internet connectivity options for residential and small business customers.
## Leadership Structure
WaveDivision Capital’s Steve Weed will work with EarthLink’s management team and other investors to support strategic development.
## EarthLink’s Business Model
EarthLink operates an asset-light broadband business model relying on partnerships with fiber and 5g providers rather than building its own nationwide network.
## National Reach
EarthLink offers fiber internet service to over 68 million homes nationwide through established telecommunications networks.
## Continued Partnership with Trive
Trive Capital retains a minority investment to continue supporting EarthLink’s growth alongside new investors.
## Future Plans
EarthLink aims to expand into new markets while improving customer experience and offering broadband products balancing quality, affordability, and reliability.
## Key takeaway

WaveDivision Capital, Stephens Capital Partners, and The Pritzker Organization acquire EarthLink to expand broadband services nationwide.