Add-on Acquisition • Communications

BT Conferencing Acquires Wire One Communications

On April 10, 2008, BT Conferencing acquired communications company Wire One Communications from The Gores Group

Acquisition Context
  • This is BT Conferencing’s 1st transaction in the Communications sector.
  • This is BT Conferencing’s 1st transaction in the United States.
  • This is BT Conferencing’s 1st transaction in Colorado.

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M&A Deal Summary

Date April 10, 2008
Target Wire One Communications
Sector Communications
Buyer(s) BT Conferencing
Sellers(s) The Gores Group
Deal Type Add-on Acquisition

Target Company

Wire One Communications

Westminster, Colorado, United States
Wire One Communications is a provider of high quality, reliable, end-to-end videoconferencing solutions that enable organizations to connect, collaborate and innovate. Wire One Communications is based in Westminster, Colorado.
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Buyer Overview 1

Buyer

BT Conferencing

Braintree, Massachusetts, United States

Category Company
Sector Communications
DESCRIPTION

BT Conferencing is a provider of audio, video , web, and streaming collaboration services.


Deal Context for Buyer #
Overall 1 of 1
Sector: Communications 1 of 1
Type: Add-on Acquisition 1 of 1
State: Colorado 1 of 1
Country: United States 1 of 1
Year: 2008 1 of 1

Seller Profile 1

SELLER

The Gores Group

Beverly Hills, California, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1987
PE ASSETS 4.0B USD
Size Large
Type Sector Agnostic
DESCRIPTION
The Gores Group's headquarters in Beverly Hills, California.
The Gores Group's headquarters in Beverly Hills, California.

The Gores Group is a private equity firm focused on acquiring controlling interests in mature and growing businesses. Gores considers investments across Europe and North America and typically seeks non-core assets of public corporations. While Gores is a generalist investor, the firm has a particular interest in technology, telecommunications, business services, and industrial companies. The Gores Group was formed in 1987 and has offices in Beverly Hills, California, and Boulder, Colorado.


Deal Context for Seller #
Overall 22 of 67
Sector: Communications 4 of 11
Type: Add-on Acquisition 10 of 30
State: Colorado 1 of 1
Country: United States 17 of 53
Year: 2008 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-04-08 CBE Technologies

Providence, Rhode Island, United States

CBE Technologies LLC provides a comprehensive suite of “one stop, one price” managed IT and telephony services, delivering top-quality skills and business understanding from design to implementation to support.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-07-29 Unify

Boca Raton, Florida, United States

Unify is a global communications software and services company. Unify provides integrated communications solutions for the Fortune Global 500 clients. Unify was founded in 2006 and is based in Boca Raton, Florida.

Buy $350M