Boston Ventures will sell Vista III Media

Private equity firm Boston Ventures announced today that it has agreed to sell Vista III Media, an Atlanta-based regional provider of cable TV, high-speed Internet, and phone services.

The prospective buyer is Harron Communications, a Pennsylvania-based cable and communications systems operator, said Boston Ventures, which is also an investor in Harron.

Financial terms of the transaction were not disclose, and a call to a Boston Ventures spokesman was not immediately returned.

The transaction is expected to be completed before year end, Boston Ventures said in a press release.
(By Chris Reidy, Globe staff)