M&A Deal Summary

Elisa Acquires Starman

On December 13, 2016, Elisa acquired communications company Starman from Providence Equity Partners for 151M EUR

Acquisition Highlights
  • This is Elisa’s 1st transaction in the Communications sector.
  • This is Elisa’s 0th largest (disclosed) transaction.
  • This is Elisa’s 1st transaction in Estonia.

M&A Deal Summary
Date 2016-12-13
Target Starman
Sector Communications
Buyer(s) Elisa
Sellers(s) Providence Equity Partners
Deal Type Add-on Acquisition
Deal Value 151M EUR

Target

Starman

Tallinn, Estonia
website
Starman is a cable TV operator, that provides several bundled service packages offering "triple play" service: video programs, broadband internet connection, and voice telephony. It is also involved in the provision of terrestrial digital video services. Starman was founded in 1992 and is based in Tallinn, Estonia.

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Buyer(S) 1

Buyer

Elisa

Helsinki, Finland

website

Category Company
Founded 1882
Sector Communications
Employees5,478
Revenue 1.9B EUR (2020)
DESCRIPTION

Elisa is a telecommunications and digital service provider. Elisa Automate offers solutions and services for mobile operators to automate network management and operations. Elisa was founded in 1882 and is based in Helsinki, Finland.

DEAL STATS #
Overall 1 of 2
Sector (Communications) 1 of 2
Type (Add-on Acquisition) 1 of 2
Country (Estonia) 1 of 1
Year (2016) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-10 Elisa Polystar

Stockholm, Sweden

Elisa Polystar is a communications service provider in CEM, Big Data Analytics, Service Assurance, Network Monitoring, Service Enablement and High-Performance Testing. Elisa Polystar is based in Stockholm, Sweden.

Buy €70M

Seller(S) 1

SELLER

Providence Equity Partners

Providence, Rhode Island, United States

Investor Investor Investor Investor Investor

website

Category Private Equity Firm
Founded 1989
PE ASSETS 36.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Providence Equity Partners is a specialist private equity firm that targets investments in media, entertainment, communications, and information companies. Specifically, Providence seeks investments in wireless and wireline telephony, cable television content and distribution, music, film, publishing, radio and television broadcasting, and other media and communications sectors. Providence Equity looks to commit $150 million to $800 million of equity capital in transactions ranging from growth financings and recapitalizations, to buyouts and take-privates. Providence Equity Partners was formed in 1989 and has offices in Providence, Rhode Island; New York, New York; Los Angeles, California; London, United Kingdom; Hong Kong, China; and New Delhi, India.

DEAL STATS #
Overall 60 of 99
Sector (Communications) 14 of 18
Type (Add-on Acquisition) 30 of 40
Country (Estonia) 1 of 1
Year (2016) 6 of 6
Size (of disclosed) 32 of 35
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-24 Propertybase

Boulder, Colorado, United States

Propertybase is a provider of software, online marketing and design services to real estate companies looking to be the technology leaders in their marketplace. Propertybase platform combines CRM, websites, content management, marketing automation and data management into one easy platform for real estate companies to manage their leads and digital marketing with ease. Propertybase was formed in 2004 in Boston, Colorado.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-13 Sziget Festival

Budapest, Hungary

Sziget Festival is a provider of music and cultural festivals in Europe. Sziget Festival was formed in 1993 and is based in Budapest, Hungary.

Buy -
Mergr

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