M&A Deal Summary

Altice Acquires Adams-Russell

On January 1, 1988, Altice acquired communications company Adams-Russell from TA Associates

Acquisition Highlights
  • This is Altice’s 1st transaction in the Communications sector.
  • This is Altice’s 1st transaction in the United States.
  • This is Altice’s 1st transaction in Massachusetts.

M&A Deal Summary

Date 1988-01-01
Target Adams-Russell
Sector Communications
Buyer(s) Altice
Sellers(s) TA Associates
Deal Type Add-on Acquisition

Target

Adams-Russell

Waltham, Massachusetts, United States
Adams-Russell manufactures microwave equipment and CATV systems.

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Buyer(S) 1

Buyer

Altice

Long Island City, New York, United States

Category Company
Founded 2015
Sector Media
Employees10,600
Revenue 9.2B USD (2023)
DESCRIPTION

Altice is a telecommunications, media, and entertainment company with a portfolio of operations that includes digital television, voice and high-speed Internet services, some of the country's most-watched national television networks, and valuable local media and programming properties. Altice was founded in 2015 and is based in Long Island City, New York.


DEAL STATS #
Overall 1 of 7
Sector (Communications) 1 of 2
Type (Add-on Acquisition) 1 of 6
State (Massachusetts) 1 of 1
Country (United States) 1 of 7
Year (1988) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-07-29 Newsday

Melville, New York, United States

Newsday is a daily newspapers, serving Long Island and New York City. In addition to the newspaper and Newsday.com, Newsday Media Group includes amNewYork, the fast-growing free daily in New York City with an average weekday circulation of 335,000, plus the Star Community Publishing Group of weekly shoppers and Island Publications' portfolio of lifestyle magazines.

Buy $650M

Seller(S) 1

SELLER

TA Associates

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1968
PE ASSETS 65.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

TA Associates is a private equity firm that targets investments in middle-market and large companies around the world. TA will consider control or minority investments in profitable companies and looks to commit between $70 and $500 million per transaction. TA proactively reaches out to companies directly in sourcing potential investment opportunities. Prospective businesses are generally valued between $100 million and $3 billion. Areas of interest include technology, software, communications, financial services, healthcare, business services, semiconductors/electronics, and consumer products/services. In addition to investing equity capital, TA also makes subordinated debt investments. TA's geographic preference is North America, Asia/Pacific, and Europe. TA Associates was formed in 1968 and is based in Boston, Massachusetts.


DEAL STATS #
Overall 6 of 255
Sector (Communications) 1 of 15
Type (Add-on Acquisition) 3 of 130
State (Massachusetts) 3 of 25
Country (United States) 6 of 206
Year (1988) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1988-01-01 Goal Systems International

Port Angeles, Washington, United States

Goal Systems International associates have managed successful large-scale hardware development projects, multimillion dollar civil engineering projects, and broad-based organizational change. GSI associates have also developed state-of-the-art constraint management production modeling software.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1988-12-01 NetScout Systems

Westford, Massachusetts, United States

NetScout Systems is a provider of business-oriented network management solutions. NetScout enables large enterprises to depend on their network to deliver business-critical applications in areas such as e-commerce, enterprise resource planning and supply chain management. NetScout Systems was founded in 1984 and is based in Westford, Massachusetts.

Buy -