Investment Summary

Exits Telecommunication Systems

On August 1, 2000, invested in information technology company Telecommunication Systems from Pharos Capital Group

Investment Highlights
  • This is transaction in the Information Technology sector.
  • This is transaction in the United States.
  • This is transaction in Maryland.
Investment Fate
  • Telecommunication Systems was sold to a strategic buyer in 2015 for 431M USD.

Investment Summary
Date 2000-08-01
Target Telecommunication Systems
Sector Information Technology
Sellers(s) Pharos Capital Group
Deal Type IPO

Target

Telecommunication Systems

Annapolis, Maryland, United States
website
Telecommunication Systems, Inc. is a provider of IT services to secure and highly reliable wireless communications.

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Seller(S) 1

SELLER

Pharos Capital Group

Dallas, Texas, United States

Investor Investor Investor Investor Investor

website

Category Private Equity Firm
Founded 1998
PE ASSETS 825M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Pharos Capital Group is a private equity firm that provides later-stage equity funding to companies at or near cash-flow break even. Investment funds are typically used to support growth, acquisitions, management buyouts, or recapitalization. Pharos looks to commit $20 to $50 million per transaction. Target sectors include healthcare, business services, and technology. Pharos prefers US-based opportunities. Pharos Capital Group was formed in 1998 and is based in Dallas, Texas.

DEAL STATS #
Overall 1 of 21
Sector (Information Technology) 1 of 2
Type (IPO) 1 of 2
State (Maryland) 1 of 1
Country (United States) 1 of 20
Year (2000) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-07-01 Netsize Communications

France

Netsize, a pioneer in Short Messaging Services (SMS) network deployment, is an international wireless message operator, seeking to become the world leader in mobile Internet message routing. Through its multi-channel service, Netsize can carry wireless messages over all communications channels (SMS, IP messaging, radio broadcasts, etc.). All Netsize solutions are scalable and designed to be adapted to a range of communications channels such as SMS, EMS (Enhanced Messaging Services) or MMS (Multimedia Messaging Services).

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2002-01-01 Converge

Peabody, Massachusetts, United States

Converge is a trading exchange for electronic components, computer products and networking equipment. Converge provides a high degree of market liquidity by aggregating supply and demand from thousands of component, original equipment and contract manufacturers, as well as distributors and resellers.

Buy -
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