Investment Summary |
|
|---|---|
| Date | 1989-10-01 |
| Target | Premiere Cinemas |
| Sector | Media |
| 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 | 1 of 30 |
| Sector (Media) | 1 of 2 |
| Type (Trade Sale) | 1 of 5 |
| State (Tennessee) | 1 of 2 |
| Country (United States) | 1 of 30 |
| Year (1989) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 1990-08-01 |
Telecom*USA
Atlanta, Georgia, United States Grew to become the fourth-largest telephone carrier in the United States. The Company was sold to MCI Communications Corporation in August 1990. |
Sell | - |
