M&A Deal Summary |
|
|---|---|
| Date | 2017-05-22 |
| Target | Wave Broadband |
| Sector | Communications |
| Buyer(s) | Astound |
| Sellers(s) |
Oak Hill Capital
GI Partners |
| Deal Type | Add-on Acquisition |
| Deal Value | 2.4B USD |
| Advisor(s) | UBS Investment Bank (Financial) |
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Astound is a provider of broadband services delivering all-digital and high definition video, high-speed internet, and premium voice services to residential and small-medium business customers. Astound was founded in 1993 and is based in Princeton, New Jersey.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 6 |
| Sector (Communications) | 3 of 6 |
| Type (Add-on Acquisition) | 3 of 4 |
| State (Washington) | 1 of 2 |
| Country (United States) | 3 of 6 |
| Year (2017) | 1 of 1 |
| Size (of disclosed) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-11-13 |
NEON Communications Group
Westborough, Massachusetts, United States
|
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-11-01 |
Grande Communication
San Marcos, Texas, United States Grande Communication is a broadband communications company that offers a full suite of Internet, TV, and phone services for residential and business customers through its state-of-the-art, high-capacity, hybrid fiber-optic network. Grande Communication was founded in 1999 and is based in San Marcos, Texas. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1986 |
| PE ASSETS | 9.5B USD |
| Size | Mega |
| Type | Sector Agnostic |
Oak Hill Capital Partners was originally formed as the private equity investment vehicle for Robert Bass and in 1999, opened up to outside investors and raised its first private equity fund. Oak Hill looks to invest in middle-market companies and focuses its efforts within six industry groups. The six groups include basic industries; business and financial services; consumer, retail, and distribution; healthcare; media and telecom; and technology. Oak Hill targets businesses with defensible business models, strong market positions, and 'best-in-class' management. Oak Hill Capital was formed in 1986 and has offices in Stamford, Connecticut; Menlo Park, California; and New York City.
| DEAL STATS | # |
|---|---|
| Overall | 43 of 55 |
| Sector (Communications) | 4 of 6 |
| Type (Add-on Acquisition) | 20 of 23 |
| State (Washington) | 2 of 2 |
| Country (United States) | 36 of 46 |
| Year (2017) | 3 of 3 |
| Size (of disclosed) | 3 of 17 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-03-23 |
Checkers
Tampa, Florida, United States Checkers is a double drive-thru restaurant chain in United States. The company develops, owns, operates and franchises both Checkers and Rally’s restaurants. Checkers was founded in 1986 and is based in Tampa, Florida. |
Buy | $525M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-07-27 |
EPIC Insurance Brokers & Consultants
San Francisco, California, United States EPIC Insurance Brokers & Consultants is a unique and innovative retail property & casualty and employee benefits insurance brokerage and consulting firm. EPIC's expertise across key lines of insurance, including risk management, property and casualty, employee benefits, unique specialty program insurance, and private client services. EPIC Insurance Brokers & Consultants was founded in 2007 and is based in San Francisco, California. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2001 |
| PE ASSETS | 42.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
GI Partners (Global Innovation Partners) is a private equity firm focused on control oriented investments in asset-backed businesses and properties located throughout North America and Western Europe. GI looks to invest up to $1500 million in companies generating predictable, recurring cash flows; underperforming businesses with intrinsic value; and direct asset investments with operational complexity. Sectors of interest include energy, education, healthcare services, leisure, retail, logistics, media, entertainment, financial services, technology, and telecommunications. GI Partners was formed in 2001 and has offices in San Francisco, Greenwich, and Chicago.
| DEAL STATS | # |
|---|---|
| Overall | 17 of 24 |
| Sector (Communications) | 1 of 1 |
| Type (Add-on Acquisition) | 4 of 7 |
| State (Washington) | 1 of 1 |
| Country (United States) | 13 of 19 |
| Year (2017) | 1 of 3 |
| Size (of disclosed) | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-02-13 |
Rectangle Health
Valhalla, New York, United States Rectangle Health is a provider of payment technology and merchant services to healthcare providers. Retriever is one of the payments companies focused exclusively on the healthcare provider market, serving 15,000 physician practices, dental practices, veterinary clinics and hospitals throughout the U.S. Rectangle Health was founded in 1993 and is based in Valhalla, New York. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-05-23 |
MRI Software
Solon, Ohio, United States MRI Software is a provider of real estate software applications and hosted solutions. MRI’s comprehensive and flexible technology platform coupled with an open and connected ecosystem meets the unique needs of real estate businesses from property-level management and accounting to investment modeling and analytics for the global commercial and residential markets. MRI develops lasting client relationships based on nearly five decades of expertise and insight. MRI Software was established in 1971 and is based in Solon, Ohio. |
Sell | - |
