Investment Summary

Spire Capital Partners, Evercore Capital Partners and Thomas H. Lee Partners Invest In Encoda Systems

On June 28, 2001, private equity firms Spire Capital Partners, Evercore Capital Partners and Thomas H. Lee Partners invested in software company Encoda Systems

Investment Highlights
  • This is Spire Capital Partners’ 1st, Evercore Capital Partners’ 1st and Thomas H. Lee Partners’ 1st transaction in the Software sector.
  • This is Spire Capital Partners’ 2nd, Evercore Capital Partners’ 2nd and Thomas H. Lee Partners’ 7th transaction in the United States.
  • This is Spire Capital Partners’ 1st, Evercore Capital Partners’ 1st and Thomas H. Lee Partners’ 1st transaction in Colorado.
Investment Fate
  • Encoda Systems was sold to a publicly-traded strategic buyer in 2004 for 340M USD.

Investment Summary

Date 2001-06-28
Target Encoda Systems
Sector Software
Investor(s) Spire Capital Partners
Evercore Capital Partners
Thomas H. Lee Partners
Deal Type Stake Purchase

Target

Encoda Systems

Denver, Colorado, United States
Encoda Systems, Inc. is a provider of proprietary software products and services that manage advertising and programming for use in the broadcast television, radio and cable industries.

Search 214,877 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Investor(S) 3

Investor

Spire Capital Partners

New York, New York, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2000
PE ASSETS 900M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Spire Capital Partners is a private equity firm that targets buyout investments in mid-sized information services, media, communications, and business service companies. The Firm looks for cash-flow positive, US-based businesses with high barriers to entry. Spire seeks to commit $15 to $125 million of equity per transaction and has an investment horizon of three to seven years. Spire Capital Partners was formed in 2000 and is based in New York City.


DEAL STATS #
Overall 3 of 37
Sector: Software M&A 1 of 5
Type: Stake Purchase M&A Deals 1 of 3
State: Colorado M&A 1 of 3
Country: United States M&A 2 of 36
Year: 2001 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-06-01 iNNERHOST

Miami, Florida, United States

iNNERHOST, Inc. is a provider of shared and complex web hosting services to small and medium sized businesses.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2001-08-01 Inflow

Thornton, Colorado, United States

Inflow, Inc. is a data center operator providing facilities based IT services to companies with critical business and network applications over wired and virtual networks.

Buy -
Investor

Evercore Capital Partners

New York, New York, United States

Category Private Equity Firm
Founded 1996
Size Large
Type Sector Agnostic
DESCRIPTION

Evercore Capital Partners (ECP) is the private equity arm of investment bank Evercore Partners. ECP is part of Evercore's Investment Management division which also consists of Evercore Ventures, Evercore Asset Management, and Protego Asesores, a Mexico focused private equity fund launched jointly with Discovery Capital Partners. ECP seeks investments in middle-market businesses valued greater than $50 million. ECP looks for value situations with post-investment upside, and will consider opportunities in a variety of industries. Evercore was founded in 1996 and is based in New York City.


DEAL STATS #
Overall 2 of 10
Sector: Software M&A 1 of 1
Type: Stake Purchase M&A Deals 1 of 1
State: Colorado M&A 1 of 1
Country: United States M&A 2 of 10
Year: 2001 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-12-15 RGP

Irvine, California, United States

RGP is an international professional services firm that provides accounting and finance, human resources, information technology, and internal audit services. RGP was founded in 1996 and is based in Irvine, California.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2003-08-08 EPL Oil & Gas

New Orleans, Louisiana, United States

EPL Oil & Gas, Inc. a Independent oil and natural gas exploration and production company focused on the shallow to moderate depth waters of the Gulf of Mexico Shelf.

Buy -
Investor

Thomas H. Lee Partners

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1974
PE ASSETS 35.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Thomas H. Lee Partners (THL) is a private equity firm that seeks buyout, expansion, consolidation, distressed, and recapitalization investments across various industries. Sectors of interest include business and information services, consumer products/retail, financial services, healthcare, industrial, and media/communications. THL looks to invest $100 to $400 million in companies valued up to $2.5 billion. THL was formed in 1974 and is based in Boston, Massachusetts.


DEAL STATS #
Overall 8 of 92
Sector: Software M&A 1 of 12
Type: Stake Purchase M&A Deals 2 of 5
State: Colorado M&A 1 of 4
Country: United States M&A 7 of 79
Year: 2001 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-04-12 US LEC

Charlotte, North Carolina, United States

US LEC provided voice and data communications services to medium and large size businesses in the Southeast and Mid-Atlantic U.S.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2001-11-20 Axis Capital

Pembroke, Bermuda

Axis Capital is a provider of specialty-lines insurance and treaty reinsurance for customers around the world. Axis maintains operating subsidiaries in Bermuda, Ireland, and the United States. Axis Capital was founded in 2001 and is based in Pembroke, Bermuda.

Buy -