M&A Deal Summary

Arcapita Acquires Cypress Communications

On June 30, 2005, asset manager Arcapita acquired communications company Cypress Communications from U.S. RealTel for 42M USD

Acquisition Highlights
  • This is Arcapita’s 2nd transaction in the Communications sector.
  • This is Arcapita’s 9th largest (disclosed) transaction.
  • This is Arcapita’s 17th transaction in the United States.
  • This is Arcapita’s 5th transaction in Georgia.
Investment Fate
  • Cypress Communications was sold to a strategic buyer in 2011.

M&A Deal Summary
Date 2005-06-30
Target Cypress Communications
Sector Communications
Buyer(s) Arcapita
Sellers(s) U.S. RealTel
Deal Type Divestiture
Deal Value 42M USD

Target

Cypress Communications

Atlanta, Georgia, United States
Cypress Communications is an on-demand communication solution provider in 29 major metropolitan U.S. markets, connecting more than 120,000 employees for over 8,500 small and mid-sized businesses in commercial office buildings.

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Buyer(S) 1

Buyer

Arcapita

Manama, Bahrain

Investor Investor Investor Investor Investor

Category Asset Manager
Founded 1997
Size Mega
Type Sector Agnostic
DESCRIPTION

Arcapita is a private investment firm with separate investment disciplines spanning venture capital, corporate investment, real estate, and asset-based investments. Arcapita's Corporate Investment practice looks to acquire controlling interests in established companies valued between $50 million and $500 million. Sectors of interest include consumer products/services, healthcare, energy, technology, and manufacturing. Arcapita's infrastructure team looks to invest $50 to $300 million in energy, water, and transportation assets. The Firm will consider opportunities around the globe; including the United States, Latin America, Russia, China, Europe, Middle-East, and India. Arcapita was formed 1997 and has offices in Manama, Bahrain; Atlanta, Georgia; London; and Singapore.

DEAL STATS #
Overall 19 of 47
Sector (Communications) 2 of 2
Type (Divestiture) 2 of 3
State (Georgia) 5 of 10
Country (United States) 17 of 32
Year (2005) 3 of 5
Size (of disclosed) 9 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-05-15 DVT

Norcross, Georgia, United States

DVT Corp., is a provider of vision sensors, which it sells primarily to the factory-floor segment of the machine vision business.

Sell $115M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-09-20 Falcon Gas Storage

Atlanta, Georgia, United States

Falcon Gas Storage Company, Inc. is the largest independently owned developer and operator of high-deliverability, multi-cycle (HDMC) natural gas storage capacity in the United States.

Buy -

Seller(S) 1

SELLER

U.S. RealTel

Atlanta, Georgia, United States
Category Company
Sector Communications
DESCRIPTION

U.S. RealTel, Inc. (OTCBB:USRT), is a national broadband services company.

DEAL STATS #
Overall 1 of 1
Sector (Communications) 1 of 1
Type (Divestiture) 1 of 1
State (Georgia) 1 of 1
Country (United States) 1 of 1
Year (2005) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2002-01-11 Cypress Communications

Atlanta, Georgia, United States

Cypress Communications is an on-demand communication solution provider in 29 major metropolitan U.S. markets, connecting more than 120,000 employees for over 8,500 small and mid-sized businesses in commercial office buildings.

Buy -
Mergr

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