M&A Deal Summary

Emery Telcom Acquires Precis Communications

On November 3, 2008, Emery Telcom acquired communications company Precis Communications from Housatonic Partners

Acquisition Highlights
  • This is Emery Telcom’s 1st transaction in the Communications sector.
  • This is Emery Telcom’s 1st transaction in the United States.
  • This is Emery Telcom’s 1st transaction in Utah.

M&A Deal Summary
Date 2008-11-03
Target Precis Communications
Sector Communications
Buyer(s) Emery Telcom
Sellers(s) Housatonic Partners
Deal Type Add-on Acquisition
Advisor(s) Waller Capital Partners LLC (Financial)

Target

Precis Communications

Price, Utah, United States
Precis Communications, LLC operates as a broadband communications company. The company focuses on providing cable television service, digital cable entertainment, and cable and wireless Internet service. It offers cable TV services, such as digital cable, basic cable, HDTV service, and DVR service; data services; and communications services, including Internet access, local channels, and a way to advertise businesses. The company also provides computer services, which include computer repair, equipment, speed test, and support. Precis Communications offers its services in Utah, Nevada, and Arizona

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Buyer(S) 1

Buyer

Emery Telcom

Orangeville, Utah, United States
Category Company
Founded 1950
Sector Communications
DESCRIPTION

Emery Telcom is a providers of telecommunication services. The telecommunications company serves thousands of telephone customers throughout communities in Carbon, Emery, Grand, and Wayne Counties providing local and long distance services, internet access, cable television and advanced telecommunications such as DSL and other high-speed digital internet connections.

DEAL STATS #
Overall 1 of 1
Sector (Communications) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Utah) 1 of 1
Country (United States) 1 of 1
Year (2008) 1 of 1

Seller(S) 1

SELLER

Housatonic Partners

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1994
PE ASSETS 1.5B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Housatonic Partners is a private equity firm focused on investing in growing, profitable companies with a preference for businesses generating recurring revenues. Target sectors include services, media, and communications. Housatonic looks to commit $10 to $30 million per transaction to support buyouts and recapitalizations. Prospective companies generally have high gross margins and moderate capital intensity. Housatonic was formed in 1994 and has offices in Boston, Massachusetts and San Francisco, California.

DEAL STATS #
Overall 20 of 44
Sector (Communications) 4 of 5
Type (Add-on Acquisition) 10 of 20
State (Utah) 2 of 3
Country (United States) 20 of 42
Year (2008) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-08-28 Pyramid Research

Cambridge, Massachusetts, United States

Pyramid Research is a provider of subscription market information, analysis and forecasting services to the global telecom industry. Pyramid bases its services on its proprietary “bottom up” quantitative data drawn from around 70 national markets worldwide.

Sell $8M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-02-01 ONRAD

Riverside, California, United States

ONRAD is a teleradiology company, offering remote read capabilities to hospitals, radiology groups, and imaging centers. ONRAD was founded in 1998 and is based in Riverside, California.

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