April 15, 2013 BBH Capital Partners, through its fund BBH Capital Partners IV, L.P. (“BBHCP”) and together with certain co-investors, has committed in excess of $100 million in equity capital to BCI Broadband (“BCI”), a newly organized, next-generation broadband MSO formed by the executive management team from pioneering cable operator Bresnan Communications.  On April 4, 2013, BCI announced the completion of its first acquisition when it purchased the assets of Allegiance Communications, LLC.  Allegiance Communications is an operator of non-urban broadband systems across the Midwestern states of Arkansas, Kansas, Texas and Oklahoma.  BCI also recently executed a definitive agreement to purchase the assets of James Cable, LLC, a transaction which is expected to close in mid-2013.  The acquisition of James Cable (d/b/a Mediastream) will add to BCI’s existing footprint in Oklahoma and Texas and will expand its presence into Louisiana, Tennessee, Georgia, Wyoming and Colorado.  These two transactions are the start of an aggressive growth plan by BCI to acquire and upgrade rural cable properties and to deploy advanced broadband networks that will pass more than 270,000 homes and businesses with high quality services including modern high speed Internet, high definition video and voice services.

“Since the early days of our industry, the Bresnan name stood for exceptional performance and a deep commitment to our customers, our colleagues and the communities we served,” said Jeff DeMond.  “The BCI senior management team comes from Bresnan, and that makes us extraordinarily well positioned to execute on the exciting opportunity to bring high speed data and advanced video services to markets across rural America.  Our previous success with Bresnan was built upon a distinctive balance of aggressive, yet thoughtful capital investment and a single-minded focus on the customer experience.  Our team looks forward to once again providing immediate benefit to both existing and new subscribers and creating value for our partners.”

“We have created a partnership with one of the cable industry's truly premier management teams whom we have known and done business with for nearly 25 years,” said Jeffrey B. Meskin, Partner of Brown Brothers Harriman & Co. and Co-Manager of BBHCP.  The BBHCP team has significant experience investing in the communications industry.  Jeffrey Meskin noted, “We share the same commitment to customer experience and operational excellence that Jeff DeMond, Andy Kober and their team have historically demonstrated and look forward to a long, rewarding partnership as we step off with this purchase of the Allegiance assets and continue to build a next-generation broadband platform.”

BCI and BBHCP will continue to look for opportunities to expand through partnerships with or acquisitions of other cable, broadband or fiber assets.

About BBH Capital Partners

BBH Capital Partners, a private equity fund sponsored by Brown Brothers Harriman & Co., provides friendly capital solutions to profitable, growth oriented middle market companies.  BBHCP typically invests between $25 million and $75 million per platform investment and has the flexibility to act as a control or non-control investor.  BBHCP's capital is used to support a variety of transactions including management or leveraged buyouts, growth financings, recapitalizations (including dividend recapitalizations), buy-and-build strategies and acquisitions.

About BCI Broadband

BCI is a broadband telecommunications company founded in 2012 by the senior management team from the pioneering cable operator Bresnan Communications.  For more than 25 years, Bresnan Communications was considered among the most respected cable and broadband system operators of any size, with performance metrics that were consistently among the best in the industry.  BCI was formed to continue that track record of success by providing the best services and features available, in non-urban markets, including very high-speed Internet, high-definition digital video and digital voice as well as a robust focus on the business community within its markets through its Business Services division.