M&A Deal Summary |
|
|---|---|
| Date | 1996-05-01 |
| Target | Advanstar Communications |
| Sector | Media |
| Buyer(s) | Hellman & Friedman |
| Deal Type | Buyout (LBO, MBO, MBI) |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1984 |
| PE ASSETS | 115.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Hellman & Friedman is a large private equity firm on the West Coast of the US. H&F focuses on control and minority investments in a variety of transaction structures and will consider opportunities across the US and Europe. H&F seeks buyouts and business in need of restructurings that operate in defensible markets with predictable revenue and earnings growth. Target sectors include financial services, healthcare, indusrial, energy, insurance, media, marketing, professional services, software, and information services. H&F's target equity investment size is $300 million to $1 billion. Hellman & Friedman was formed in 1984 and has offices in San Francisco, New York City, and London.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 90 |
| Sector: Media M&A | 1 of 5 |
| Type: Buyout (LBO, MBO, MBI) M&A Deals | 2 of 16 |
| State: California M&A | 1 of 11 |
| Country: United States M&A | 3 of 62 |
| Year: 1996 M&A | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 1995-08-01 |
Eller Media Co.
United States Eller Media is one of the largest outdoor advertising companies in the United States. In August 1995, HFCP III invested $157 million to buy Patrick Media (later renamed Eller Media Company) in partnership with Karl Eller, one of the country's most experienced outdoor advertising executives. H&F was attracted to the investment because of the strong market position enjoyed by the Company, which was nearly 100 years old at the time, and because of the strong barriers to entry most industry participants have. Mr. Eller and his management team successfully grew the business and increased its profitability. In April 1997, HFCP III sold Eller Media Company to Clear Channel Communications. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 1996-08-09 |
Young & Rubicam
London, United Kingdom Young & Rubicam Inc. is a diversified, global marketing and communications organization with integrated services in advertising, direct marketing and sales promotion, perception management and public relations, branding identity consultation and design services, and healthcare communications. |
Buy | - |
