Pamlico Capital and portfolio company Clarity Telecom have completed the roughly $262 million acquisition of South Dakota-based broadband assets from WOW! Clarity will transition the platform from WOW! in the coming months and rebrand the operation as Vast Broadband. Debt financing for the deal was provided and GE Capital and SunTrust Robinson Humphrey; equity came from Pamlico’s third flagship fund, which closed in 2013 with $650 million committed. WOW! is backed by Avista Capital Partners.