Investment Summary

Exits Island ECN

On December 1, 2002, invested in communications company Island ECN from Advent International

Investment Highlights
  • This is transaction in the Communications sector.
  • This is transaction in the United States.
  • This is transaction in Massachusetts.

Investment Summary

Date 2002-12-01
Target Island ECN
Sector Communications
Sellers(s) Advent International
Deal Type Merger

Target

Island ECN

Boston, Massachusetts, United States
No. 1 electronic communications network.

Search 177,729 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

Seller(S) 1

SELLER

Advent International

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 1984
PE ASSETS 76.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Advent is a global private equity firm that targets investments in North America, Europe, Asia, and Latin America. Advent's emerging market efforts are concentrated in Central Europe and Latin America. Advent seeks transactions valued between $50 million and $5 billion and can commit up to $2 billion of equity capital per investment. Broad areas of interest include business & financial services, retail & consumer, technology, media, & telecoms, healthcare & life sciences, and industrial. Prospective transaction types include buyouts, growth capital financings, take privates, and recapitalizations. Advent was formed in 1984 and is based in Boston, Massachusetts.


DEAL STATS #
Overall 41 of 201
Sector (Communications) 7 of 16
Type (Merger) 2 of 4
State (Massachusetts) 9 of 16
Country (United States) 25 of 71
Year (2002) 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2002-11-01 Hildebrando S.A. de C.V.

Mexico City, Mexico

Hildebrando S.A. de C.V. is a developer and integrator of IT systems and applications in Mexico.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2003-01-01 Raet

Amersfoort, Netherlands

Raet is a provider of HR cloud software and services. The company provides a cloud-based, integrated HR software suite covering the Human Capital Management needs of both large and small businesses globally. Raet was founded in 1965 and is based in Amersfoort, Netherlands.

Buy -