M&A Deal Summary |
|
|---|---|
| Date | 2011-06-14 |
| Target | Telcordia Technologies |
| Sector | Communications |
| Buyer(s) | Ericsson |
| Sellers(s) |
Warburg Pincus
Providence Equity Partners |
| Deal Type | Add-on Acquisition |
| Deal Value | 1.2B USD |
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| Category | Company |
|---|---|
| Founded | 1876 |
| Sector | Technology Hardware |
| Employees | 97,985 |
| Revenue | 263.4B SEK (2023) |
Ericsson provides telecommunications equipment and services to mobile and fixed network operators worldwide. It operates through four segments Networks, Global Services, Support Solutions, and Modems. Ericsson was formed in 1876 and is based in Stockholm, Sweden.
| DEAL STATS | # |
|---|---|
| Overall | 6 of 29 |
| Sector (Communications) | 3 of 5 |
| Type (Add-on Acquisition) | 5 of 23 |
| State (New Jersey) | 1 of 3 |
| Country (United States) | 3 of 16 |
| Year (2011) | 2 of 2 |
| Size (of disclosed) | 3 of 8 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2011-05-12 |
Guangdong Nortel Telecommunications Equipment
Foshan, China GDNT customers gain a business partner dedicated to the ongoing support of their networks and the assurance of a seamless transition. Manufacturing and Services will operate as a separate business entity. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-01-01 |
iconectiv
Bridgewater, New Jersey, United States iconectiv is a provider of IT solutions that enable operators to interconnect networks. iconectiv’s market-leading solutions enable the interconnection of networks, devices, and applications for more than two billion people every day. Working closely with private, government and non-governmental organizations, iconectiv has intimate knowledge of the intricacies and complexities of creating, operating and securing the telecommunications infrastructure for service providers, governments and enterprises. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1966 |
| PE ASSETS | 83.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Warburg Pincus is a mega-sized, global private equity firm focused on investment opportunities across North America, Asia, and Europe. Warburg will consider investing at various company stages, from early-stage opportunities to distressed situations. Warburg Pincus is organized by industry groups. Verticals include financial services, healthcare, technology, media & telecommunications, energy, consumer & industrial, and real estate. Within financial services, Warburg will consider asset/wealth managers, banks, exchanges, financial technology, insurance, transaction processing, private banking, and specialty/consumer finance. Within healthcare, specific areas of interest include medical devices, healthcare services, and biotech/pharmaceuticals. Within technology/media/communications, Warburg targets software, media/internet/information, financial technology, telecom, business services, and systems/semiconductors. Within energy, specific areas of interest include oil/gas exploration, power generation/transmission, and alternative energy. Warburg Pincus raised its first fund in 1966 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 59 of 251 |
| Sector (Communications) | 2 of 11 |
| Type (Add-on Acquisition) | 21 of 90 |
| State (New Jersey) | 2 of 4 |
| Country (United States) | 37 of 137 |
| Year (2011) | 4 of 11 |
| Size (of disclosed) | 19 of 63 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2011-06-01 |
Velvet Energy
Calgary, Alberta, Canada Velvet Energy is an exploration and production company focused on acquiring, exploring for and developing oil and liquids-rich natural gas assets in the Western Canadian Sedimentary Basin. Velvet Energy was founded in 2011 and is based in Calgary, Alberta. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2011-06-15 |
Broad Oak Energy
Dallas, Texas, United States Broad Oak Energy, Inc. is a start-up exploration and production company formed to focus on unconventional oil and gas plays in onshore regions of the United States. |
Sell | $1.0B |
| Category | Private Equity Firm |
|---|---|
| Founded | 1989 |
| PE ASSETS | 36.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Providence Equity Partners is a specialist private equity firm that targets investments in media, entertainment, communications, and information companies. Specifically, Providence seeks investments in wireless and wireline telephony, cable television content and distribution, music, film, publishing, radio and television broadcasting, and other media and communications sectors. Providence Equity looks to commit $150 million to $800 million of equity capital in transactions ranging from growth financings and recapitalizations, to buyouts and take-privates. Providence Equity Partners was formed in 1989 and has offices in Providence, Rhode Island; New York, New York; Los Angeles, California; London, United Kingdom; Hong Kong, China; and New Delhi, India.
| DEAL STATS | # |
|---|---|
| Overall | 26 of 100 |
| Sector (Communications) | 9 of 18 |
| Type (Add-on Acquisition) | 12 of 40 |
| State (New Jersey) | 1 of 1 |
| Country (United States) | 16 of 68 |
| Year (2011) | 4 of 8 |
| Size (of disclosed) | 17 of 35 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2011-05-16 |
RentPath
Norcross, Georgia, United States RentPath, Inc. is a primary service is digital marketing for rental properties through a network of Internet listing websites, including Rent.com, ApartmentGuide.com, Rentals.com and Lovely.com. RentPath was founded in 1975 and is based in Norcross, Georgia. |
Buy | $525M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2011-06-20 |
SRA International
Fairfax, Virginia, United States SRA International is a provider of technology and strategic consulting solutions to government organizations. SRA International was formed in 1976 and is based in Fairfax, Virginia. |
Buy | $1.9B |
