M&A Deal Summary

DN Partners Acquires Net1/ice.net

On January 11, 2012, private equity firm DN Partners acquired communications company Net1/ice.net from Access Industries for 252M BRL

Acquisition Highlights
  • This is DN Partners’ 2nd transaction in the Communications sector.
  • This is DN Partners’ 0th largest (disclosed) transaction.
  • This is DN Partners’ 1st transaction in Norway.
Investment Fate
  • Net1/ice.net merged with another company in 2012 for 423M BRL.

M&A Deal Summary

Date 2012-01-11
Target Net1/ice.net
Sector Communications
Buyer(s) DN Partners
Sellers(s) Access Industries
Deal Type Secondary Buyout
Deal Value 252M BRL

Target

Net1/ice.net

Trondheim, Norway
website
Net1/ice.net deploy and operate premium grade mobile telecommunications networks for mobile telephony, mobile broadband, fixed wireless telephony, and machine-to-machine services.

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Buyer(S) 1

Buyer

DN Partners

Chicago, Illinois, United States

website


Category Private Equity Firm
Founded 1995
Size Small
Type Sector Agnostic
DESCRIPTION

DN Partners private equity firm that invests in profitable, lower middle-market headquartered in the Midwest. The Firm looks to invest $3 to $15 million in businesses valued from $20 to $100 million through a variety of transaction situations. These include corporate spin-offs, family succession transactions, recapitalization, consolidations, and management buyouts. Target sectors include manufacturing, distribution, food and beverage, and business services. DN Partners was established in 1995 and is headquartered in Chicago, Illinois.


DEAL STATS #
Overall 4 of 4
Sector (Communications) 2 of 2
Type (Secondary Buyout) 1 of 1
Country (Norway) 1 of 1
Year (2012) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-05-13 Target 250

London, United Kingdom

Target 250 fastest-growing pay-for-performance demand generation company in the industry.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-01-29 Net1/ice.net

Trondheim, Norway

Net1/ice.net deploy and operate premium grade mobile telecommunications networks for mobile telephony, mobile broadband, fixed wireless telephony, and machine-to-machine services.

Sell R$423M

Seller(S) 1

SELLER

Access Industries

New York, New York, United States

website


Category Company
Founded 1986
Sector Diversified
DESCRIPTION

Access Industries, Inc. is a US based holding company focused on long-term investments worldwide. This includes companies located in the US, Europe, and South America. The Firm targets companies operating in the fields of natural resources, chemicals, telecommunications, media, real estate, emerging technology, and retail. Access Industries, Inc. was formed in 1986 and is based in New York City.


DEAL STATS #
Overall 2 of 12
Sector (Communications) 1 of 2
Type (Secondary Buyout) 1 of 2
Country (Norway) 1 of 1
Year (2012) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-01-04 Icon UK

London, United Kingdom

Icon Group is a film and entertainment business led by Mel Gibson and Bruce Davey. The transaction comprises the international sales company, the distribution operation based in the United Kingdom and the Majestic Films and Television library.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-04-19 Tango

Mountain View, California, United States

Tango is a mobile messaging service with more than 200 million registered members around the world.

Buy -