M&A Deal Summary |
|
|---|---|
| Date | 2020-02-27 |
| Target | Xplornet |
| Sector | Communications |
| Buyer(s) |
Stonepeak
WaveDivision Capital |
| Sellers(s) | Catalyst Investors |
| Deal Type | Secondary Buyout |
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Stonepeak is a private equity firm focused on North American infrastructure investing. Specific areas of interest include energy assets, power/renewables, transportation, utilities, water, and communications. Stonepeak was formed in 2011 and is headquartered in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 19 of 36 |
| Sector (Communications) | 4 of 6 |
| Type (Secondary Buyout) | 6 of 7 |
| State (New Brunswick) | 1 of 1 |
| Country (Canada) | 1 of 2 |
| Year (2020) | 2 of 7 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-02-18 |
TRAC Intermodal
Princeton, New Jersey, United States TRAC Intermodal is a provider of short-term rentals through an extensive chassis pool network, long-term chassis leasing, and pool & fleet management through the utilization of its proprietary PoolStat® information management system. TRAC Intermodal was founded in 1968 and is based in Princeton, New Jersey. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-08-01 |
Peak Energy
Osaka, Japan Peak Energy is a platform dedicated to the development, ownership and operation of solar assets in Japan and other Asian markets. Peak Energy was established by Stonepeak and is led by a management team composed of a hand-selected team joining from developers with over 25 years of experience sourcing, developing and managing over 3GW of solar projects. Peak Energy is in our view well positioned to take advantage of the team’s relationship and industry knowledge and identify the right assets in Asia. |
Buy | - |
WaveDivision Capital is a private investment firm focused on the broadband industry. WaveDivision Capital was formed in 2003 and is headquartered in Kirkland, Washington.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 4 |
| Sector (Communications) | 3 of 4 |
| Type (Secondary Buyout) | 2 of 2 |
| State (New Brunswick) | 1 of 1 |
| Country (Canada) | 1 of 1 |
| Year (2020) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-05-29 |
Ziply Fiber
Everett, Washington, United States Ziply Fiber is a telecommunications network business comprises a network that passes 1.7 million residential and business locations, of which approximately 500,000 are fiber-to-the-premises capable. Ziply Fiber is based in Everett, Washington. |
Buy | $1.4B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-02-15 |
Hargray Communications Group
Hilton Head, South Carolina, United States Hargray Communications Group, Inc. is a telecommunications provider serving southeastern South Carolina and northeastern Georgia. The company's operations include traditional telephone carrier services, internet services, cable television, wireless telephone, and a telephone directory publishing operation. Hargray Communications Group was founded in 1949 and is based in Hilton Head, South Carolina. |
Sell | $2.2B |
| Category | Venture Capital Firm |
|---|---|
| Founded | 1999 |
| PE ASSETS | 377M USD |
| Size | Middle-Market |
| Type | Sector Focused |
Catalyst Investors is a specialist private equity firm that targets investments in the media, communications and internet services industries. Specific areas of interest include, video and audio content and distribution, print and online publishing, out-of-home advertising, music publishing, wireless voice and data, wireless spectrum and other infrastructure, outsourced applications providers / software as a service (SAAS), subscription based services, and online advertising. Catalyst looks for the growth companies located in the US and Canada requiring $10 to $60 million in capital. Catalyst prefers businesses with 'high-margin economics', 'defensible market positions', and 'recurring revenues'. Catalyst was formed in 1999 and is based in New York.
| DEAL STATS | # |
|---|---|
| Overall | 34 of 38 |
| Sector (Communications) | 11 of 12 |
| Type (Secondary Buyout) | 4 of 5 |
| State (New Brunswick) | 1 of 1 |
| Country (Canada) | 1 of 1 |
| Year (2020) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-02-11 |
Jobvite
Indianapolis, Indiana, United States Jobvite is a provider of platform that infuses automation and intelligence into today’s expanded recruiting cycle to increase the speed, quality, and cost-effectiveness of talent acquisition. Jobvite is leading the next wave of recruitment innovation with Continuous Candidate Engagement (CCE), a candidate-centric recruiting model that helps companies engage candidates with meaningful experiences at the right time, in the right way, from first look to first day. Jobvite was founded in 2006 and is based in Indianapolis, Indiana. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-11-05 |
InSite Wireless Group
Alexandria, Virginia, United States InSite Wireless Group LLC develops, owns, operates, and manages communications wireless infrastructure facilities primarily for the wireless and broadcast industries. InSite’s tower division is one of the largest privately-owned U.S. tower companies and develops, manages, owns, and operates approximately 1,500 telecommunications towers and sites for wireless carriers across the United States, Puerto Rico, the U.S. Virgin Islands, Canada, and Australia. InSite’s distributed antenna system (DAS) and small cell division specializes in the design, installation, operation, and maintenance of shared wireless infrastructure solutions that enhance the quality and capacity of wireless voice and data services in public facilities and complex environments. InSite Wireless Group was founded in 2000 and is based in Alexandria, Virginia. |
Sell | $3.5B |
