Daniels & Associates is pleased to announce that Starstream Communications, Inc. has completed the sale of its cable system assets to WaveDivision VI, LLC, a wholly-owned subsidiary of WaveDivision Holdings, LLC.

The transaction represents 35,000 video and data customers in the communities of Rocklin, Lincoln, Loomis, Granite Bay, Penryn, Newcastle, Auburn and Colfax in Placer County and Garberville, Benbow and Redway in Humboldt County, California.

Daniels & Associates represented Starstream in the transaction.

About Starstream

Starstream Communications Inc. is the broadband network provider in southern Placer County including Rocklin, Lincoln, Loomis, Newcastle, Penryn, Folsom, Granite Bay, Auburn and Colfax, and in Humboldt County serving Garberville, Redway and Benbow

Starstream offers advanced digital cable television services and high-speed Internet to residential and business customers. Starstream’s advanced cable TBV offerings include high-definition television (HDTV), Video on Demand (VOD) and Subscription Video on Demand (SVOD).

About WaveDivision Holdings

WaveDivision Holdings, headquartered in Kirkland, Washington, is the parent company of Wave Broadband and Astound Broadband and currently serves approximately 155,000 video, data and phone customers in Port Orchard, La Conner, and Port Angeles, Washington, and in Ventura, Cerritos, Concord and Walnut Creek, California. Owned and operated by local industry leaders, Wave supports its customers with decades of cable know-how, providing 100% of its cable systems with the latest technologies and upgrades including high speed Internet, video on demand, DVRs, HDTV and digital phone service.

About Daniels & Associates

Daniels & Associates, L.P. is a leader in financial services to the cable, telecommunications, media and technology industries. The company assists clients with mergers & acquisitions, private equity & debt financings and financial advisory engagements. Daniels is regularly ranked as the most active mergers & acquisitions advisor to U.S. companies in these sectors and has completed more than $100 billion in total transactions. Daniels is a member of the NASD and SIPC.

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