Investment Summary |
|
|---|---|
| Date | 2000-03-10 |
| Target | Ganymede Software |
| Sector | Software |
| Sellers(s) | Ballast Point Ventures |
| Deal Type | Trade Sale |
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| Category | Growth Capital Firm |
|---|---|
| Founded | 2001 |
| PE ASSETS | 360M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
Ballast Point Ventures is a private investment firm that targets growth businesses located in the South US. Ballast Point looks to commit $1 to $5 million of equity capital per transaction and looks for businesses in markets with annual revenues of at least $100 million. Sectors of interest include healthcare, information technology (IT), financial services, communications, business services, and consumer products/services. Ballast Point Ventures was formed in 2001 and is based in St. Petersburg, Florida.
| DEAL STATS | # |
|---|---|
| Overall | 12 of 30 |
| Sector (Software) | 1 of 2 |
| Type (Trade Sale) | 5 of 5 |
| State (North Carolina) | 1 of 3 |
| Country (United States) | 12 of 30 |
| Year (2000) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2000-02-01 |
Knology
West Point, Georgia, United States Knology operated a cable television network in the U.S. |
Buy | $559M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2003-03-27 |
InterCall
Chicago, Illinois, United States InterCall Provides telephone conferencing services. The Company was sold to West Corporation in March 2003. Intercall formerly known as Genesys. |
Sell | $400M |
