M&A Deal Summary |
|
|---|---|
| Date | 2010-08-26 |
| Target | Astound |
| Sector | Communications |
| Buyer(s) |
Granahan McCourt Capital
ABRY Partners HarbourVest Partners Spectrum Equity |
| Deal Type | Going Private |
| Deal Value | 1.2B USD |
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| Category | Private Equity Firm |
|---|---|
| Size | Small |
| Type | Sector Focused |
Granahan McCourt Capital is a specialist investment firm focused on investments in the telecommunications and media industries. Granahan McCourt looks for small and medium-sized companies with strong market positions and 'where there is a forseeable event which allows for value creation'. The Firm's investment horizon is two to four years. Granahan McCourt Capital is based in Princeton, New Jersey.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 4 |
| Sector (Communications) | 2 of 2 |
| Type (Going Private) | 1 of 1 |
| State (New Jersey) | 1 of 1 |
| Country (United States) | 3 of 3 |
| Year (2010) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2009-10-07 |
Skyware Global
Smithfield, North Carolina, United States Skyware Global is a provider in the design, manufacture, and distribution of systems for the global satellite industry. Skyware Global provides direct-to-home, enterprise VSAT and satellite broadband equipment for residential, commercial and government use. Skyware Global was founded in 2008 and is based in Smithfield, North Carolina. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-06-02 |
Skyware Global
Smithfield, North Carolina, United States Skyware Global is a provider in the design, manufacture, and distribution of systems for the global satellite industry. Skyware Global provides direct-to-home, enterprise VSAT and satellite broadband equipment for residential, commercial and government use. Skyware Global was founded in 2008 and is based in Smithfield, North Carolina. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1989 |
| PE ASSETS | 12.8B USD |
| Size | Mega |
| Type | Sector Focused |
ABRY Partners is a media and communications focused private equity investment firm. Specific areas of interest include television, publishing, convention/trade shows, for-profit training, couponing, monitoring services, telephone companies, communications towers, music libraries, database providers, wireless communications, and in-store advertisers. ABRY can provide both equity and mezzanine capital, typically committing $20 to $200 million of equity or $15 to $50 million of mezzanine capital per transaction. Prospective transaction situations include buyouts, expansion financings, platform acquisitions, consolidations, and recapitalizations. ABRY Partners was formed in 1989 and is headquartered in Boston, Massachusetts.
| DEAL STATS | # |
|---|---|
| Overall | 60 of 171 |
| Sector (Communications) | 9 of 16 |
| Type (Going Private) | 3 of 4 |
| State (New Jersey) | 5 of 11 |
| Country (United States) | 53 of 145 |
| Year (2010) | 7 of 10 |
| Size (of disclosed) | 3 of 14 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2010-08-26 |
Sidera Networks
New York, New York, United States Sidera Networks, Inc. is a provider of tailored, high capacity communications services that ensure optimal business performance to carrier and enterprise customers. Sidera Networks offers a comprehensive suite of facilities-based services including: Ethernet, SONET, wavelength, internet access, colocation and more. With a fiber optic network leveraging unique rights-of-way that spans from Maine to Virginia, out to Chicago and up to Toronto, Sidera is committed to delivering cost-effective, custom solutions coupled with superior industry expertise, service and support. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2010-10-25 |
Aegis
Nashville, Tennessee, United States Aegis is a specialty toxicology laboratory that provides industry leading services to clients in the healthcare, sports, forensics, law enforcement and food production industries. The Company offers a broad range of outsourced testing services, but focuses in the pain management compliance sector. With nearly two dozen employees with PhDs, MDs, or similar advanced degrees, Aegis differentiates itself through superior science to drive more accurate test results than competitors. Aegis is based in Nashville, Tennessee. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1978 |
| PE ASSETS | 86.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
HarbourVest Partners, LLC is an investment firm that makes investments in new private equity partnerships, acquires secondary interests, and makes direct investments in operating companies. HarbourVest's largest investment area is investments in private equity funds, comprising of approximately 2/3 of HarbourVest's assets. HarbourVest's direct investment group looks for investments in growth oriented businesses at a variety of stages. The Group generally targets co-investments of $5 to $100 million, growth capital financings of $5 to $40 million, or mezzanine commitments of $5 to $20 million. Sectors of interest include software, hardware, data communications, telecommunications, and financial services. HarbourVest was formed in 1997 to assume the business of Hancock Venture Partners which was formed in 1982. HarbourVest Partners is based in Boston, Massachusetts, with additional offices in London, Tokyo, and Hong Kong.
| DEAL STATS | # |
|---|---|
| Overall | 87 of 223 |
| Sector (Communications) | 8 of 14 |
| Type (Going Private) | 15 of 27 |
| State (New Jersey) | 3 of 4 |
| Country (United States) | 53 of 134 |
| Year (2010) | 9 of 12 |
| Size (of disclosed) | 39 of 68 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2010-08-26 |
Sidera Networks
New York, New York, United States Sidera Networks, Inc. is a provider of tailored, high capacity communications services that ensure optimal business performance to carrier and enterprise customers. Sidera Networks offers a comprehensive suite of facilities-based services including: Ethernet, SONET, wavelength, internet access, colocation and more. With a fiber optic network leveraging unique rights-of-way that spans from Maine to Virginia, out to Chicago and up to Toronto, Sidera is committed to delivering cost-effective, custom solutions coupled with superior industry expertise, service and support. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2010-11-22 |
AvidXchange
Charlotte, North Carolina, United States AvidXchange is a SaaS-based provider of accounts payable management solutions for mid-sized companies in the real estate, banking, and healthcare industries. The company's product suite integrates with a customer's existing accounting systems to centralize and streamline accounts payable workflow. AvidXchange was formed in 2000 and is based in Charlotte, North Carolina. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1994 |
| PE ASSETS | 8.2B USD |
| Size | Mega |
| Type | Sector Focused |
Spectrum Equity Management L.P. is a private equity investor focused on service businesses. Spectrum specifically targets established businesses in the media, communications, IT, information, and business services industries. The Firm looks to commit $25 to $150 million of equity capital per transaction and focuses on opportunities throughout North America and Western Europe. Prospective transaction situations include leveraged buyouts, recapitalizations, acquisition financings, and secondary purchases. Spectrum Equity Investors was formed in 1994 and has offices in Boston, Massachusetts and Menlo Park, California.
| DEAL STATS | # |
|---|---|
| Overall | 32 of 102 |
| Sector (Communications) | 7 of 7 |
| Type (Going Private) | 2 of 5 |
| State (New Jersey) | 1 of 2 |
| Country (United States) | 28 of 89 |
| Year (2010) | 2 of 2 |
| Size (of disclosed) | 2 of 10 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2010-08-26 |
Sidera Networks
New York, New York, United States Sidera Networks, Inc. is a provider of tailored, high capacity communications services that ensure optimal business performance to carrier and enterprise customers. Sidera Networks offers a comprehensive suite of facilities-based services including: Ethernet, SONET, wavelength, internet access, colocation and more. With a fiber optic network leveraging unique rights-of-way that spans from Maine to Virginia, out to Chicago and up to Toronto, Sidera is committed to delivering cost-effective, custom solutions coupled with superior industry expertise, service and support. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2010-09-16 |
Canon Communications
Los Angeles, California, United States Canon Communications LLC provides IT infrastructure and professional services in Germany and internationally. The company operates in two segments, e-commerce/trade and IT solutions. The e-commerce/trade segment comprises activities based on online, catalogue, telephone, and direct sales of its products. The IT solutions segment offers IT infrastructure and application support services, including IT strategy advice, project planning and implementation, system integration, maintenance, and training services, as well as various services, such as running IT departments. |
Sell | $287M |
