M&A Deal Summary

Black Dragon Capital Acquires Grass Valley

On February 4, 2020, private equity firm Black Dragon Capital acquired media company Grass Valley from Belden

Acquisition Highlights
  • This is Black Dragon Capital’s 1st transaction in the Media sector.
  • This is Black Dragon Capital’s 2nd transaction in the United States.
  • This is Black Dragon Capital’s 1st transaction in California.

M&A Deal Summary

Date 2020-02-04
Target Grass Valley
Sector Media
Buyer(s) Black Dragon Capital
Sellers(s) Belden
Deal Type Divestiture

Target

Grass Valley

San Francisco, California, United States
Grass Valley is a provider of full range of products and services supporting many of the world's most high-profile television events, Grass Valley offers the most comprehensive portfolio of flexible and cost-effective digital technologies and systems available.

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Buyer(S) 1

DESCRIPTION

Black Dragon Capital is a private equity firm focused on growth-oriented, technology investments in ecommerce, financial services, sports, and media. The Firm looks for opportunities that can benefit from the Firm's expertise with distribution and operations. Target companies typically are profitable with $5 to $25 million in revenue. Black Dragon Capital is based in Miami, Florida.


DEAL STATS #
Overall 3 of 3
Sector (Media) 1 of 1
Type (Divestiture) 1 of 1
State (California) 1 of 1
Country (United States) 2 of 2
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-03 Maginus Software Solutions

Manchester, United Kingdom

Maginus Software Solutions Ltd. is an e-commerce software and technology solutions developer for retailers and distributors. Maginus Software Solutions is based in Manchester, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-10 Payveris

Cromwell, Connecticut, United States

Payveris is the creator of the MoveMoneySM platform, an open API, cloud-based platform that enables financial institutions to control, simplify and extend engaging digital money movement capabilities to their users through any application or device while significantly reducing operating costs and future-proofing their IT investment. Payveris was established in 2012 and is based in Cromwell, Connecticut.

Sell $152M

Seller(S) 1

SELLER

Belden

St. Louis, Missouri, United States

Category Company
Founded 1902
Sector Technology Hardware
Employees8,000
Revenue 2.5B USD (2023)
DESCRIPTION

Belden designs, manufactures, and markets cable, connectivity, and networking products in markets including industrial automation, enterprise, transportation, infrastructure, and consumer electronics. Belden was incorporated in 1902 and is headquartered in St. Louis, Missouri.


DEAL STATS #
Overall 3 of 4
Sector (Media) 1 of 1
Type (Divestiture) 3 of 4
State (California) 1 of 1
Country (United States) 1 of 2
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-04 Thinklogical

Milford, Connecticut, United States

Thinklogical LLC is a global manufacturer of secure, high-performance KVM signal extension and switching systems for video-rich applications. Thinklogical offers the most robust line of uncompressed, high-bandwidth signal stream and flexible switching options, making the Company's solutions ideal for high-availability applications such as command and control, intelligence, broadcast control rooms and post-production environments.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-19 OTN Systems N.V.

Olen, Belgium

OTN Systems N.V. is a provider of automation networking infrastructure solution. OTN Systems is based in Olen, Belgium.

Buy $71M