M&A Deal Summary |
|
|---|---|
| Date | 1999-01-26 |
| Target | Neptune Communications |
| Sector | Communications |
| Buyer(s) | Global Crossing |
| Sellers(s) | The Carlyle Group |
| Deal Type | Add-on Acquisition |
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Global Crossing is a global IP, Ethernet, data center and video solutions provider with the world's first integrated global IP-based network. The company offers a full range of data, voice, collaboration, broadcast and media services delivered with superior customer service. Global Crossing provides services to enterprises; government departments and agencies; and 700 carriers, mobile operators and ISPs. It delivers converged IP services to more than 700 cities in more than 70 countries, and has 17 world-class data centers in major business centers around the globe.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 5 |
| Sector (Communications) | 1 of 5 |
| Type (Add-on Acquisition) | 1 of 5 |
| State (Louisiana) | 1 of 1 |
| Country (United States) | 1 of 3 |
| Year (1999) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2000-02-22 |
IXnet
New York, New York, United States IXnet, Inc. delivers a high-performance global extranet to the financial services community. |
Buy | $3.8B |
| Category | Private Equity Firm |
|---|---|
| Founded | 1987 |
| PE ASSETS | 435.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
The Carlyle Group is a global investment firm that pursues private equity, credit, and real estate investments worldwide. Carlyle's private equity practice practice pursues buyouts, strategic minority equity investments, equity private placements, consolidations and buildups, and growth capital financings. With offices in 19 countries, Carlyle can easily target opportunities throughout North America, Europe, Asia, Australia, the Middle East/North Africa and Latin America. Broad sectors of interest include aerospace, defense, automotive and transportation, consumer, retail, energy and power, financial services, healthcare, industrial, infrastructure, technology services, business services, telecommunications and media. The Carlyle Group was formed in 1987 and is based in Washington DC.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 480 |
| Sector (Communications) | 2 of 19 |
| Type (Add-on Acquisition) | 1 of 197 |
| State (Louisiana) | 1 of 1 |
| Country (United States) | 4 of 259 |
| Year (1999) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 1999-01-01 |
Pacific Telecom Cable
Vancouver, Washington, United States Pacific Telecom Cable, Inc. was engaged in the development, operation and maintenance of submarine fiber optic cable facilities. Carlyle exited the transaction in 1999 by providing to investors a series of cash dividends and merging the company into Neptune Communications. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 1999-05-01 |
Blackboard
Reston, Virginia, United States Blackboard is a global educational software company that allows thousands of higher education, K-12, professional, corporate and government organizations to extend teaching, learning and campus communication online to millions of students, parents and teachers. Blackboard was founded in 1997 and is based in Reston, Virginia. |
Buy | - |
