M&A Deal Summary

Amvensys Telecom Holdings Acquires Intelliverse

On May 3, 2011, Amvensys Telecom Holdings acquired communications company Intelliverse from The Gores Group and Global Equity Capital

Acquisition Highlights
  • This is Amvensys Telecom Holdings’ 1st transaction in the Communications sector.
  • This is Amvensys Telecom Holdings’ 1st transaction in the United States.
  • This is Amvensys Telecom Holdings’ 1st transaction in Georgia.

M&A Deal Summary
Date 2011-05-03
Target Intelliverse
Sector Communications
Buyer(s) Amvensys Telecom Holdings
Sellers(s) The Gores Group
Global Equity Capital
Deal Type Add-on Acquisition

Target

Intelliverse

Atlanta, Georgia, United States
Intelliverse was formed as a result of combining Voicecom Telecommunications, LLC founded in 1986 , a 20-year veteran of the telecommunications industry providing call answering solutions for the business-to-business market and iNuntius, Inc., a VoIP pioneer with nine years of development in SIP-based VoIP and Unified Communications Solutions. Intelliverse has solid technology foundations in VoIP, IVR, and messaging, allowing it to become a leading provider of communications services for the Enterprise, wholesale and Small & Medium Business market sectors. The company’s solutions are designed to meet a diversity of needs including automated self-service & customer care, interpersonal messaging, and large-variety of industries.

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Buyer(S) 1

Buyer

Amvensys Telecom Holdings

Houston, Texas, United States
Category Company
Sector Communications
DESCRIPTION

Amvensys is a diversified international technology, telecommunications, and energy services organization with a focus on residential and commercial customers. Some of the businesses that are wholly owned by Amvensys include dPi Teleconnect, dPi Mobile, dPi Energy, each based in Dallas, Texas and Amvensys Technologies, based in Bangalore, India.

DEAL STATS #
Overall 1 of 1
Sector (Communications) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Georgia) 1 of 1
Country (United States) 1 of 1
Year (2011) 1 of 1

Seller(S) 2

SELLER

The Gores Group

Beverly Hills, California, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1987
PE ASSETS 4.0B USD
Size Large
Type Sector Agnostic
DESCRIPTION
The Gores Group's headquarters in Beverly Hills, California.
The Gores Group's headquarters in Beverly Hills, California.

The Gores Group is a private equity firm focused on acquiring controlling interests in mature and growing businesses. Gores considers investments across Europe and North America and typically seeks non-core assets of public corporations. While Gores is a generalist investor, the firm has a particular interest in technology, telecommunications, business services, and industrial companies. The Gores Group was formed in 1987 and has offices in Beverly Hills, California, and Boulder, Colorado.

DEAL STATS #
Overall 30 of 66
Sector (Communications) 6 of 11
Type (Add-on Acquisition) 14 of 30
State (Georgia) 1 of 5
Country (United States) 23 of 52
Year (2011) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-01-13 Lineage Power Holdings

Plano, Texas, United States

Lineage Power manufactures AC-DC and DC-DC power solutions in North America. The company provides power and components for communications, computer, and data networking companies. Its products include power solutions, DC-DC converters, filter modules, front-end AC-DC rectifier solutions, heat sinks, indoor and outdoor power, isolated and non-isolated converters, product range charts, shelf-level power, and telecom power systems.

Sell $520M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-05-09 Sage Automotive Interiors

Greenville, South Carolina, United States

Sage Automotive Interiors, Inc. is a provider of an automotive bodycloth, including a range of knit and woven technical textiles, to many of the world's leading automobile manufacturers. Sage has global offices and manufacturing locations in the U.S., Brazil, United Kingdom, China, Korea and Japan and has contract manufacturing relationships worldwide.

Buy -
SELLER

Global Equity Capital

Boulder, Colorado, United States
Category Private Equity Firm
Founded 2007
Size Small
Type Sector Agnostic
DESCRIPTION

Global Equity Capital is a private equity group focused on carve-outs of non-core assets from public and private entities, financial or operational turnarounds and growing businesses looking for operational and financial resource assistance. Global Equity is an operations focused investment firm, with experienced in-house personnel to aid management in turning around or improving business performance. Global Equity is based in Boulder, Colorado.

DEAL STATS #
Overall 3 of 3
Sector (Communications) 1 of 1
Type (Add-on Acquisition) 3 of 3
State (Georgia) 1 of 1
Country (United States) 2 of 2
Year (2011) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-10-04 Essintial Enterprise Solutions

Mechanicsburg, Pennsylvania, United States

Essintial Enterprise Solutions provides Business Process Outsourcing for the enterprise service supply chain, including service parts inventory management, warehousing and distribution, warranty chain management, depot repair, field service and call center support.

Buy -
Mergr

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