Investment Summary |
|
|---|---|
| Date | 2000-02-01 |
| Target | Knology |
| Sector | Communications |
| Investor(s) |
The Blackstone Group
Ballast Point Ventures |
| Deal Type | Stake Purchase |
| Deal Value | 559M USD |
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| Category | Private Equity Firm |
|---|---|
| Founded | 1987 |
| PE ASSETS | 131.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
The Blackstone Group is a global alternative investment management firm. The Firm's investment activities span real estate, secondary investments, hedge funds, credit, infrastructure, and private equity. Blackstone's private equity group targets opportunities globally including buyout acquisitions of established companies, development projects, growth equity financings, and industry consolidations. Sectors of interest include automotive, healthcare, chemicals, industrial, commercial property, lodging, communications, media/publishing, consumer & retail, packaging, consumer products, pharmaceuticals, energy, technology, entertainment, telecommunications, financial services, theme parks, food & beverage, and transportation. Blackstone's private equity real estate group looks for opportunities across North/South America, Asia, Australia/New Zealand, and Europe. The real estate group will consider both equity and debt investments. Areas of interest include healthcare, hotel, industrial, office, residential, and retail. The Blackstone Group was formed in 1987 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 37 of 331 |
| Sector (Communications) | 5 of 25 |
| Type (Stake Purchase) | 20 of 49 |
| State (Georgia) | 2 of 8 |
| Country (United States) | 32 of 209 |
| Year (2000) | 3 of 19 |
| Size (of disclosed) | 121 of 169 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2000-02-01 |
Western Integrated Networks
United States Western Integrated Networks operated a cable television network. |
Buy | $828M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2000-02-02 |
Utilicom Networks
Franklin, Massachusetts, United States Utilicom operates a cable television network. |
Buy | $252M |
| Category | Growth Capital Firm |
|---|---|
| Founded | 2001 |
| PE ASSETS | 550M 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 | 2 of 44 |
| Sector (Communications) | 2 of 4 |
| Type (Stake Purchase) | 1 of 1 |
| State (Georgia) | 1 of 4 |
| Country (United States) | 2 of 44 |
| Year (2000) | 2 of 2 |
| Size (of disclosed) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2000-01-01 |
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. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2000-03-10 |
Ganymede Software
Morrisville, North Carolina, United States Ganymede Software, Inc. develops performance management software and products for testing and monitoring multiprotocol networks. |
Sell | - |
