Investment Summary

Blue Equity Invests In Globecomm Systems

On January 1, 2012, private equity firm Blue Equity invested in communications company Globecomm Systems

Investment Highlights
  • This is Blue Equity’s 1st transaction in the Communications sector.
  • This is Blue Equity’s 4th transaction in the United States.
  • This is Blue Equity’s 1st transaction in New York.
Investment Fate
  • Globecomm Systems was sold to a consortium of financial buyers in 2013 for 340M USD.
  • Globecomm Systems was sold to a consortium of financial buyers in 2017.
  • Globecomm Systems was sold to a publicly-traded strategic buyer in 2018 for 135M USD.

Investment Summary

Date 2012-01-01
Target Globecomm Systems
Sector Communications
Investor(s) Blue Equity
Deal Type PIPE

Target

Globecomm Systems

Hauppauge, New York, United States
Globecomm Systems, Inc. is a developer and managing network complex communications solutions with a strong track record of growth and innovative engineering that leverages its global communications network. Globecomm Systems, Inc. was founded in 1994 and is based in Hauppauge, New York.

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Investor(S) 1

Investor

Blue Equity

Louisville, Kentucky, United States

Investor Investor


Category Private Equity Firm
Founded 2004
Size Small
Type Sector Agnostic
DESCRIPTION

Blue Equity is a Southern-US based private equity firm focused on a variety of business transactions as well as real estate investments. The Firm will consider opportunities across all company stages, from startups to recapitalizations. Blue Equity typically looks for situations with experienced management, and depending on the situation, can be minimal or more active investor. Blue Equity was formed in 2004 and is based in Louisville, Kentucky and also has office in Miami, Florida.


DEAL STATS #
Overall 4 of 24
Sector: Communications M&A 1 of 2
Type: PIPE M&A Deals 1 of 1
State: New York M&A 1 of 6
Country: United States M&A 4 of 21
Year: 2012 M&A 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-01-01 NetBallistics

Crestwood, Kentucky, United States

NetBallistics sells, distributes, markets, and brokers products and services to outdoor enthusiasts, hunters, sportsmen, law enforcement, government and military agencies. It supplies over 45,000 products and services and is rapidly expanding its offerings. NetBallistics is based in Crestwood, Kentucky.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-01-10 The Antilles Group

Kingston, Jamaica

The Antilles Group("TAG") f/k/a Cool Petroleum, the licensed user of Shell brands in Jamaica, is an integrated downstream petroleum products business operating in the market. TAG is the exclusive distributor of Shell bulk fuels and Shell Lubricants. The Company is the largest fuel retailer by volume in Jamaica and also operates an extensive network of more than 50 service stations in the country under the prestigious Shell brand. TAG also markets to companies that benefit from purchasing fuel, lubricants and raw chemical materials in bulk for commercial fleets and heavy machinery.

Buy -