M&A Deal Summary

GTT Acquires Global Capacity

On June 26, 2017, GTT acquired communications company Global Capacity from Pivotal Group for 100M USD

Acquisition Highlights
  • This is GTT’s 6th transaction in the Communications sector.
  • This is GTT’s 5th largest (disclosed) transaction.
  • This is GTT’s 8th transaction in the United States.
  • This is GTT’s 2nd transaction in Illinois.

M&A Deal Summary
Date 2017-06-26
Target Global Capacity
Sector Communications
Buyer(s) GTT
Sellers(s) Pivotal Group
Deal Type Add-on Acquisition
Deal Value 100M USD
Advisor(s) Perella Weinberg Partners (Financial)

Target

Global Capacity

Chicago, Illinois, United States
Global Capacity is a telecom information and logistics company providing a fully integrated telecommunications supply chain management system that streamlines and accelerates the process of designing, pricing, building, optimizing and managing customized communications networks. Global Capacity is based in Chicago, Illinois.

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Buyer(S) 1

Buyer

GTT

McLean, Virginia, United States
Category Company
Founded 2005
Sector Communications
Employees3,100
Revenue 1.7B USD (2019)
DESCRIPTION

GTT is a global telecommunications carrier and network integrator serving the data communications needs of large enterprise, government and carrier clients. GTT was founded in 2005 and is based in McLean, Virginia.

DEAL STATS #
Overall 8 of 14
Sector (Communications) 6 of 12
Type (Add-on Acquisition) 6 of 11
State (Illinois) 2 of 2
Country (United States) 8 of 10
Year (2017) 2 of 3
Size (of disclosed) 5 of 12
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-06-20 Perseus

New York, New York, United States

Perseus is a provider of managed services for high-precision, high-speed, high-performance applications. With clients spanning the Financial, Media, eCommerce and iGaming sectors, Perseus offers a fully-managed suite of services across the trade lifecycle as well as many of the world’s fastest Market-to-Market routes.

Buy $38M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-03 Transbeam

New York, New York, United States

Transbeam, Inc. is a provider of managed data and voice services. Transbeam is based in New York, New York.

Buy $28M

Seller(S) 1

SELLER

Pivotal Group

Phoenix, Arizona, United States

Investor

Category Family Office
Founded 1985
Size Small
Type Sector Focused
DESCRIPTION

Pivotal Group is a private investment firm focused on acquiring real estate assets as well as select private equity investments. Within real estate, areas of interest include niche residential projects, commercial development, master planned communities, luxury hotel and spa properties, commercial office buildings. Within private equity, Pivotal looks for companies operating in the media, leisure, entertainment and technology infrastructure sectors. Pivotal prefers opportunities in the Western half of the US. Pivotal was founded in 2002 and is based in Phoenix, Arizona.

DEAL STATS #
Overall 3 of 3
Sector (Communications) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (Illinois) 1 of 1
Country (United States) 3 of 3
Year (2017) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-10-23 Pan Am Education

Chandler, Arizona, United States

Pan Am Education LLC is a provider of online blended learning solutions for students and education companies around the globe. Pan Am currently distributes its education services in 10 countries, including China, Korea, Brazil, Mexico, Turkey, and the U.S. Pan Am Education LLC was founded in 2010 and is based in Chandler, Arizona.

Buy -
Mergr

Product

Company

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