M&A Deal Summary

Seaport Capital Acquires Quality Uptime Services

On September 9, 2013, private equity firm Seaport Capital acquired electrical equipment company Quality Uptime Services

Acquisition Highlights
  • This is Seaport Capital’s 1st transaction in the Electrical Equipment sector.
  • This is Seaport Capital’s 23rd transaction in the United States.
  • This is Seaport Capital’s 1st transaction in Connecticut.

M&A Deal Summary

Date 2013-09-09
Target Quality Uptime Services
Sector Electrical Equipment
Buyer(s) Seaport Capital
Deal Type Buyout (LBO, MBO, MBI)

Target

Quality Uptime Services

Bethel, Connecticut, United States
website
Quality Uptime Services is a provider of preventative maintenance and emergency service programs for the critical infrastructure, including uninterruptible power supplies (UPS), of data centers, and other mission-critical facilities. Quality Uptime Services was established in 1998 and is based in Bethel, Connecticut.

Search 192,723 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Seaport Capital

New York, New York, United States

Investor Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 1997
Size Middle-Market
Type Sector Focused
DESCRIPTION

Seaport Capital is a private equity firm that targets equity and mezzanine investments in private middle-market companies. Funds are generally used to support late-stage growth opportunities, as well as buyouts and recapitalizations. Seaport prefers businesses with high margins and recurring revenues. Sectors of interest include marketing services, publishing, media, communications, business services, education, software, cable, and information services. Seaport seeks private companies valued between $25 and $150 million and looks to commit up to $40 million of equity per transaction. Seaport requires board representation and typically holds investments for three to seven years. Seaport Capital was formed in 1997 and is based in New York City.


DEAL STATS #
Overall 24 of 38
Sector (Electrical Equipment) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 18 of 19
State (Connecticut) 1 of 1
Country (United States) 23 of 36
Year (2013) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-05-22 MCV Broadband

Harmon, Guam

Marianas Cablevision is the cable television provider for Guam and the Commonwealth of the Northern Marianas Islands. The company also provides high-speed Internet access, pay-per-view and video on demand in its service territories.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-08-01 bMedia Group

Puerto Rico

bMedia Group is an operator of billboard properties across Puerto Rico. The Company offers outdoor advertising in digital, static, and trivision formats combined with strategic advertising services to multinational brands. bMedia Group was established in 2009 and is based in Puerto Rico.

Buy -