M&A Deal Summary |
|
---|---|
Date | 2007-03-27 |
Target | Speakeasy |
Sector | Information Technology |
Buyer(s) | Best Buy |
Sellers(s) | Cornerstone Holdings |
Deal Type | Add-on Acquisition |
Deal Value | 97M USD |
Advisor(s) | Blue Beacon Capital LLC (Financial) K&L Gates (Legal) |
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Best Buy is a multi-channel consumer electronics retailer with stores in the United States, Canada, China, and Mexico. Best Buy also sells through its BestBuy.com website. Best Buy was founded in 1966 and is based in Richfield, Minnesota.
DEAL STATS | # |
---|---|
Overall | 7 of 12 |
Sector (Information Technology) | 1 of 2 |
Type (Add-on Acquisition) | 7 of 11 |
State (Washington) | 2 of 2 |
Country (United States) | 5 of 9 |
Year (2007) | 1 of 1 |
Size (of disclosed) | 7 of 8 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2006-05-12 |
Jiangsu Five Star Appliance
Nanjing, China Jiangsu Five Star Appliance Co., Ltd. is an appliance and consumer electronics retailer. |
Buy | - |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2008-05-08 |
Carphone Warehouse
London, United Kingdom Carphone Warehouse Ltd is a mobile phone retailer. It provides unbeatable prices on contract phones compared across the widest range of networks at Carphone Warehouse. |
Buy | - |
Category | Family Office |
---|---|
Size | Small |
Type | Sector Agnostic |
Cornerstone Holdings is a family backed private investment firm focused on direct company investments as well as real estate opportunities. Within its direct investment practice, Cornerstone generally targets growth oriented companies with $2 to $40 million of sales and $1 to $5 million of EBITDA. The Firm's target investment size is $4 to $15 million. Cornerstone prefers prefers majority equity ownership positions or outright control when investing. Prospective transaction situation includes recapitalizations, LBOs, MBOs, and growth capital financings. Cornerstone Holdings is based in Denver, Colorado.
DEAL STATS | # |
---|---|
Overall | 2 of 8 |
Sector (Information Technology) | 1 of 2 |
Type (Add-on Acquisition) | 1 of 6 |
State (Washington) | 1 of 1 |
Country (United States) | 2 of 8 |
Year (2007) | 1 of 3 |
Size (of disclosed) | 1 of 3 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2007-01-01 |
Magna Energy Services
Gillette, Wyoming, United States Magna Energy Services is a provider of integrated oil and gas services in the Rocky Mountain region. Magna offers workover, fluids management, equipment rental, plug and abandonment, coal bed methane, and oil field construction services with operations bases in Wyoming, Colorado, North Dakota, and Utah. Magna Energy Services was founded in 2007 and is based in Gillette, Wyoming. |
Buy | - |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2007-08-30 |
Zavata
Conshohocken, Pennsylvania, United States Zavata, a voice tech help desk provider to large enterprise customers, was acquired in by Apollo Health Street (AHS), a global healthcare outsourcing solutions provider. |
Sell | Rs700M |