Investment Summary |
|
|---|---|
| Date | 2000-07-05 |
| Target | Lighthouse Global Network |
| Sector | Business Services |
| Sellers(s) |
Lake Capital
Frontenac |
| Deal Type | Trade Sale - Public Company |
| Deal Value | 421M USD |
SEARCH BY
Try For Free 7-Day Free Trial
| Category | Private Equity Firm |
|---|---|
| Founded | 1998 |
| PE ASSETS | 1.3B USD |
| Size | Large |
| Type | Sector Agnostic |
Lake Capital is a private equity firm that targets a limited number of middle-market, service-based companies. The firm typically allocates $50 to $75 million equity to each portfolio company initiative. However, with seller financing, third-party debt, and co-investment opportunities, significant capital (in addition to the initial equity allocation) is available to each initiative. The service-based businesses the firm pursues include marketing services, finance-related services, specialty services, healthcare services, consumer services, technology services, business process outsourcing services, and marketing services. The firm is typically interested in buyout, partnership and start-up opportunities. Lake Capital was formed in 1998 and is based in Chicago, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 23 |
| Sector (Business Services) | 1 of 9 |
| Type (Trade Sale - Public Company) | 1 of 9 |
| State (New York) | 1 of 2 |
| Country (United States) | 4 of 23 |
| Year (2000) | 1 of 1 |
| Size (of disclosed) | 2 of 8 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 1998-02-24 |
Mastering
United States In 1996, Mastering Computers, a leading information technology (IT) training company with nationwide operations, was acquired by Eagle River Interactive, a public company founded and led by Terry Graunke. Mastering Computers leveraged Eagle River's interactive development skills to create a computer-based training library of more than 300 titles. The company also drew on its public parent's financial assets to expand its product line significantly into higher-margin training products and to expand geographically into Europe. |
Sell | $139M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2000-11-01 |
DVC Worldwide
Morristown, New Jersey, United States DVC Worldwide, Inc. was acquired by Aspen Marketing Services, Inc. DVC Worldwide, Inc. engages in the development, execution, management, and tracking of integrated programs across various marketing disciplines and creative media. It offers various services, including promotional marketing, customer and comarketing, experiential marketing, public relations, advertising, digital marketing, partnership and sponsorship marketing, direct and customer relationship management marketing, and consumer and marketing research. DVC Worldwide, Inc. is based in Morristown, New Jersey. |
Buy | $125M |
| Category | Private Equity Firm |
|---|---|
| Founded | 1971 |
| PE ASSETS | 2.1B USD |
| Size | Large |
| Type | Sector Agnostic |
Frontenac is a Midwest private equity firm that seek profitable, lower middle-market company investments with $5 to $20 million of EBITDA. Frontenac typically partners with management when pursuing acquisitions, including companies managed by owner-operators. Sectors of interest include financial services, healthcare services, education/HR services, manufacturing, publishing/media, and technology services. Frontenac was formed in 1971 and is based in Chicago, Illinois.
| DEAL STATS | # |
|---|---|
| Overall | 15 of 57 |
| Sector (Business Services) | 2 of 9 |
| Type (Trade Sale - Public Company) | 2 of 16 |
| State (New York) | 1 of 2 |
| Country (United States) | 13 of 55 |
| Year (2000) | 1 of 2 |
| Size (of disclosed) | 2 of 15 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 1999-10-16 |
Regent Lighting
Burlington, North Carolina, United States Regent Lighting Corp. manufacturer of residential outdoor security lighting. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2000-09-25 |
Levy Restaurants
Chicago, Illinois, United States Levy Restaurants is the leading national provider of specialty food service to sports and entertainment venues. It pioneered the concept of fine dining in stadium and arena environments, managing club and skybox dining for 30% of major U.S. stadiums. |
Sell | - |
