Prior notification of a concentration (Case M.12492 – OHC / CARLYLE / WGH) – Candidate case for simplified procedure
Date: 2026-06-24
Institutions: Directorate-General for Competition, European Commission
Subjects: Asia, Europe, Internet access provider, Middle East, North America, economic concentration, holding company, investment company, merger control, transmission network








C_202603365EN.000101.fmx.xml












Official Journal of the European Union


EN
C series













C/2026/3365


24.6.2026






Prior notification of a concentration
(Case M.12492 – OHC / CARLYLE / WGH)
Candidate case for simplified procedure
(Text with EEA relevance)
(C/2026/3365)


1.   
On 12 June 2026, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1).
This notification concerns the following undertakings:






—


Oak Hill Capital Management, LLC (‘OHC’, United States), ultimately controlled by OHCM Management, L.P.










—


The Carlyle Group Inc. (‘Carlyle’, United States),










—


Wyyerd Group Holdings, LLC (‘WGH’, United States), ultimately controlled by Carlyle.




OHC and Carlyle will acquire within the meaning of Article 3(1)(b) and 3(4) of the Merger Regulation joint control of WGH, currently solely controlled by Carlyle.
The concentration is accomplished by way of purchase of shares.


2.   
The business activities of the undertakings concerned are the following:






—


OHC: middle-market private equity firm active in North America, Europe and Asia, focused primarily on investing in services businesses in (i) digital infrastructure; (ii) financial services; and (iii) essential services,










—


Carlyle: global investment firm, primarily active in North America. Europe, Asia and the Middle East, with assets under management across 3 business segments: (i) Global Private Equity (including corporate private equity and real estate funds); (ii) Global Credit (including liquid credit, illiquid credit, and real assets credit); and (iii) Carlyle AlpInvest (including primary, secondary, and co-investments, commingled funds, and separately managed accounts),






3.   

The business activities of WGH are the following: holding company for the Wyyerd Group LLC, a group of companies active in constructing, deploying and operating high-speed fiber optic networks in the United States to provide high-speed internet access to residential, multi-dwelling unit and small and medium-sized business locations.



4.   
On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the Merger Regulation. However, the final decision on this point is reserved.
Pursuant to the Commission Notice on a simplified treatment for certain concentrations under Council Regulation (EC) No 139/2004 on the control of concentrations between undertakings (2) it should be noted that this case is a candidate for treatment under the procedure set out in the Notice.


5.   
The Commission invites interested third parties to submit their possible observations on the proposed concentration to the Commission.
Observations must reach the Commission not later than 10 days following the date of this publication. The following reference should always be specified:
M.12492 – OHC / CARLYLE / WGH
Observations can be sent to the Commission by email or by post. Please use the contact details below:
Email: COMP-MERGER-REGISTRY@ec.europa.eu

Postal address:





European Commission




Directorate-General for Competition




Merger Registry




1049 Bruxelles/Brussel




BELGIQUE/BELGIË







(1)  
            OJ L 24, 29.1.2004, p. 1 (the ‘Merger Regulation’).

(2)  
            OJ C 160, 5.5.2023, p. 1.


ELI: http://data.europa.eu/eli/C/2026/3365/oj
ISSN 1977-091X (electronic edition)