M&A Deal Summary |
|
|---|---|
| Date | 2006-11-02 |
| Target | Penton Media |
| Sector | Information Technology |
| Buyer(s) |
Apprise Media
ABRY Partners EagleTree Capital |
| Deal Type | Consolidation |
| Deal Value | 530M USD |
| Advisor(s) | Credit Suisse Investment Banking (Financial) Ropes & Gray (Legal) |
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| Category | Private Equity Firm |
|---|---|
| Founded | 2004 |
| PE ASSETS | 200M USD |
| Size | Middle-Market |
| Type | Sector Focused |
Apprise Media is a specialist private equity firm focused on making investments in lower middle-market niche media and information companies. The Firm generally targets businesses that provide targeted information versus general entertainment. Apprise has strong interest in media companies where there is an opportunity to extend the assets into digital media products. Apprise looks to invest between $20 and $75 million of equity capital in businesses with minimum annual revenues of $25 million and EBITDA greater than $5 million. Apprise is sponsored by private equity firm Spectrum Equity Investors. Apprise Media was formed in 2004 and is based in New York.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector (Information Technology) | 1 of 1 |
| Type (Consolidation) | 1 of 1 |
| State (New York) | 1 of 1 |
| Country (United States) | 2 of 2 |
| Year (2006) | 1 of 1 |
| Size (of disclosed) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2005-04-01 |
Canon Communications
Los Angeles, California, United States Canon Communications LLC provides IT infrastructure and professional services in Germany and internationally. The company operates in two segments, e-commerce/trade and IT solutions. The e-commerce/trade segment comprises activities based on online, catalogue, telephone, and direct sales of its products. The IT solutions segment offers IT infrastructure and application support services, including IT strategy advice, project planning and implementation, system integration, maintenance, and training services, as well as various services, such as running IT departments. |
Buy | $200M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-02-01 |
Penton Media
New York, New York, United States Penton Media, Inc. is an information services and marketing company. Penton’s products inform with rich industry insights and workflow tools; engage through dynamic events, education and networking; and advance business with powerful marketing services programs. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1989 |
| PE ASSETS | 12.8B USD |
| Size | Mega |
| Type | Sector Focused |
ABRY Partners is a media and communications focused private equity investment firm. Specific areas of interest include television, publishing, convention/trade shows, for-profit training, couponing, monitoring services, telephone companies, communications towers, music libraries, database providers, wireless communications, and in-store advertisers. ABRY can provide both equity and mezzanine capital, typically committing $20 to $200 million of equity or $15 to $50 million of mezzanine capital per transaction. Prospective transaction situations include buyouts, expansion financings, platform acquisitions, consolidations, and recapitalizations. ABRY Partners was formed in 1989 and is headquartered in Boston, Massachusetts.
| DEAL STATS | # |
|---|---|
| Overall | 35 of 171 |
| Sector (Information Technology) | 3 of 37 |
| Type (Consolidation) | 1 of 4 |
| State (New York) | 1 of 11 |
| Country (United States) | 34 of 145 |
| Year (2006) | 9 of 10 |
| Size (of disclosed) | 6 of 14 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2006-09-01 |
Cast & Crew
Burbank, California, United States Cast & Crew is a provider of software and services to the entertainment production industry. Cast & Crew's software products and services assist in the areas of payroll & human resources, accounting & financial, and workflow & productivity. Cast & Crew was founded in 1976 and is based in Burbank, California. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2006-12-05 |
Psychological Services
Burbank, California, United States Psychological Services, Inc. is a nationwide provider of licensure and pre-employment evaluation services for state regulatory agencies, industry trade groups, and medium and large-sized businesses. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2001 |
| PE ASSETS | 5.6B USD |
| Size | Mega |
| Type | Sector Agnostic |
EagleTree Capital is an independent private equity and investment firm focused on mid-market leveraged buyouts. The Firm's buyout group looks to invest $50 to $200 million to support acquisitions of profitable companies in the media/communications, consumer products, and water/industrial products and services sectors. EagleTree Capital was formerly known as Wasserstein Partners, an investment firm formed by Bruce Wasserstein, the late CEO of investment bank Lazard Freres. EagleTree Capital is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 17 of 46 |
| Sector (Information Technology) | 1 of 2 |
| Type (Consolidation) | 1 of 1 |
| State (New York) | 5 of 9 |
| Country (United States) | 15 of 44 |
| Year (2006) | 1 of 1 |
| Size (of disclosed) | 2 of 7 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2006-06-26 |
Meyer Material
McHenry, Illinois, United States Meyer Material Co. is a regional concrete and aggregate business. Meyer Material produces and delivers ready-mix concrete and mines and sells aggregate materials. |
Sell | $231M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-02-01 |
Penton Media
New York, New York, United States Penton Media, Inc. is an information services and marketing company. Penton’s products inform with rich industry insights and workflow tools; engage through dynamic events, education and networking; and advance business with powerful marketing services programs. |
Sell | - |
