M&A Deal Summary

Altafiber Acquires eGIX

On December 6, 2007, Altafiber acquired communications company eGIX from Centerfield Capital Partners for 18M USD

Acquisition Highlights
  • This is Altafiber’s 1st transaction in the Communications sector.
  • This is Altafiber’s 4th largest (disclosed) transaction.
  • This is Altafiber’s 1st transaction in the United States.
  • This is Altafiber’s 1st transaction in Indiana.

M&A Deal Summary

Date 2007-12-06
Target eGIX
Sector Communications
Buyer(s) Altafiber
Sellers(s) Centerfield Capital Partners
Deal Type Add-on Acquisition
Deal Value 18M USD

Target

eGIX

Carmel, Indiana, United States
eGIX, Inc. provides voice and data communications services to small and medium sized businesses. eGix serves as a single source for reliable unified voice and data solutions, Internet access, VoIP applications, local line services and a full suite of enhanced services, including unified communications.

Search 214,238 Deals Now

SEARCH BY

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

Try Free

Buyer(S) 1

Buyer

Altafiber

Cincinnati, Ohio, United States

Category Company
Founded 1873
Sector Communications
Employees4,300
Revenue 1.5B USD (2019)
DESCRIPTION
Cincinnati Bell's corporate headquarters in Cincinnati, Ohio.
Cincinnati Bell's corporate headquarters in Cincinnati, Ohio.

Altafiber is a provider of integrated communications solutions, including local and long-distance voice, data, high-speed Internet and entertainment services. Altafiber serves customers in Greater Cincinnati and Dayton. Altafiber was founded in 1873 and is based in Cincinnati, Ohio.


DEAL STATS #
Overall 1 of 6
Sector: Communications M&A 1 of 4
Type: Add-on Acquisition M&A Deals 1 of 4
State: Indiana M&A 1 of 1
Country: United States M&A 1 of 5
Year: 2007 M&A 1 of 1
Size (of disclosed) 4 of 4
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-05-12 CyrusOne

Dallas, Texas, United States

CyrusOne is a global REIT specializing in design, construction, and operation of more than 50 high-performance data centers worldwide. TCyrusOne was founded in 2001 and is based in Dallas, Texas.

Buy $525M

Seller(S) 1

SELLER

Centerfield Capital Partners

Indianapolis, Indiana, United States

Investor Investor Investor Investor Investor


Category Mezzanine Finance Firm
Founded 2001
PE ASSETS 1.0B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Centerfield Capital Partners is a private investment firm that provides subordinated debt and equity capital to mid-market companies. Prospective transactions include acquisition financings, management buyouts, shareholder liquidity needs, recapitalizations, corporate divestitures, ESOP financings, and sponsored/unsponsored transactions. Centerfield generally invests in companies with sales of $15 to $100 million and EBITDA of $3 to $15 million. Target sectors include manufacturing, business services, healthcare services, and transportation/distribution. Centerfield will not invest in early stage businesses, turnaround situations, retail, real estate, and finance companies. Centerfield Capital Partners was founded in 2001 and is based in Indianapolis, Indiana.


DEAL STATS #
Overall 4 of 47
Sector: Communications M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 24
State: Indiana M&A 2 of 9
Country: United States M&A 4 of 47
Year: 2007 M&A 2 of 2
Size (of disclosed) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-10-17 DCL Medical laboratories

Indianapolis, Indiana, United States

DCL Medical laboratories LLC, a women's health-focused laboratory, provides diagnostic and clinical trial testing to physicians, hospitals and pharmaceutical companies throughout the central Midwest.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-02-15 Diversified Graphics

Minneapolis, Minnesota, United States

Diversified Graphics, Inc. is a provider of complete print solutions to over 400 customers, including national advertising and graphic design agencies and Fortune 1000 companies. Diversified Graphics, Inc. was established in 1949 and is based in Minneapolis, Minnesota.

Sell -