M&A Deal Summary |
|
|---|---|
| Date | 2005-09-15 |
| Target | Commnet Wireless |
| Sector | Communications |
| Buyer(s) | ATN International |
| Sellers(s) | Summit Partners |
| Deal Type | Add-on Acquisition |
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| Category | Company |
|---|---|
| Founded | 1987 |
| Sector | Communications |
| Employees | 2,300 |
| Revenue | 762M USD (2023) |
ATN International is a telecommunications company operating advanced wireless, wireline, and both terrestrial and submarine fiber optic networks in North America and the Caribbean. Through its operating subsidiaries, Atlantic provide both wireless and wireline connectivity to residential and business customers, including a range of mobile wireless solutions, local exchange services and broadband internet services. ATN International was founded in 1987 and is based in Beverly, Massachusetts.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 11 |
| Sector (Communications) | 3 of 9 |
| Type (Add-on Acquisition) | 2 of 7 |
| State (Georgia) | 1 of 1 |
| Country (United States) | 1 of 6 |
| Year (2005) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 1999-01-01 |
Choice Communications
Saint Thomas, Virgin Islands (U.S.) Choice Communications LLC provides fixed wireless broadband data services and dial-up internet services to retail and business customers in the US Virgin Islands. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2006-02-13 |
SoVerNet
Bellows Falls, Vermont, United States Sovernet Communication provides reliable Internet and telecommunication services to residential and business customers throughout Northern New England. |
Buy | $13M |
| Category | Growth Capital Firm |
|---|---|
| Founded | 1984 |
| PE ASSETS | 39.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Summit Partners is a private investment and asset management firm focused on venture, growth, credit, and public equity investing. Sectors of interest include business services, communications technology and services, consumer products, energy, financial services, healthcare and life sciences, industrial products, internet/information services, media/entertainment, semiconductors, electronics, and software. Summit Partners is known for having a proactive business development group for sourcing transactions. Summit will consider both minority or majority investment stakes and is willing to commit as little as $10 million or as much as $500 million in combined debt/junior capital per transaction. The Firm's geographic coverage spans North America and Europe. Summit Partners was formed in 1984 and is headquartered in Boston, Massachusetts.
| DEAL STATS | # |
|---|---|
| Overall | 111 of 286 |
| Sector (Communications) | 8 of 16 |
| Type (Add-on Acquisition) | 51 of 127 |
| State (Georgia) | 3 of 8 |
| Country (United States) | 107 of 246 |
| Year (2005) | 6 of 9 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2005-08-03 |
Unica
Waltham, Massachusetts, United States Unica Corp. is a provider of enterprise marketing software that helps users predict consumer behavior and execute effective marketing programs. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2005-09-23 |
Everi
Las Vegas, Nevada, United States Everi is a provider of cash access and related equipment services and solutions to the gaming industry. Everi was incorporated in 1998 and is headquartered in Las Vegas, Nevada. |
Sell | - |
