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  6. ITC Holding and 4612 Group Acquire Highline

M&A Deal Summary

ITC Holding and 4612 Group Acquire Highline

On January 1, 2012, private equity firms ITC Holding and 4612 Group acquired communications company Highline

Acquisition Highlights
  • This is ITC Holding’s 1st and 4612 Group’s 1st transaction in the Communications sector.
  • This is ITC Holding’s 3rd and 4612 Group’s 1st transaction in the United States.
  • This is ITC Holding’s 3rd and 4612 Group’s 1st transaction in Georgia.

M&A Deal Summary
Date 2012-01-01
Target Highline
Sector Communications
Buyer(s) ITC Holding
4612 Group
Deal Type Buyout (LBO, MBO, MBI)

Target

Highline

West Point, Georgia, United States
Highline is a broadband provider for rural US with focus on Michigan. Highline is based in West Point, Georgia.

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Buyer(S) 2

Buyer

ITC Holding

West Point, Georgia, United States

Investor Investor Investor Investor

Category Private Equity Firm
Size Small
Type Sector Agnostic
DESCRIPTION

ITC Holding Company is a diversified investment/holding firm focused on investing in Southeast US-based opportunities. ITC will consider investments in telecom, technology, financial services, transaction processing, and real estate. ITC Holding Company is based in West Point, Georgia.

DEAL STATS #
Overall 3 of 6
Sector (Communications) 1 of 2
Type (Buyout (LBO, MBO, MBI)) 1 of 3
State (Georgia) 3 of 5
Country (United States) 3 of 6
Year (2012) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-06-14 Instawares

Kennesaw, Georgia, United States

Instawares is a Restaurant Supply Store providing restaurant equipment and supplies to customers seeking the price advantage in restaurant equipment, kitchen, catering and office supplies. Instawares was founded in 2002 and is based in Kennesaw, Georgia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-15 Schoox

Austin, Texas, United States

Schoox is a social e-learning platform for the service industry. Schoox helps businesses of all sizes across industries including restaurants, retail, hospitality, construction, real estate, manufacturing, finance and transportation shift from traditional, compliance-based training to an approach that unlocks and accelerates employee potential as well as business growth. Schoox was founded in 2012 and is based in Austin, Texas.

Buy -
Buyer

4612 Group

Category Private Equity Firm
Founded 2016
Size Small
Type Sector Agnostic
DESCRIPTION

4612 Group is a private equity firm focused on founder-led and family-owned small to mid-sized businesses. 4612 Group is a long-term, generalist investor and looks to commit $10 to $100 million per investment. Prospective transaction situations include growth capital financings, minority or majority recapitalizations, and credit solutions. 4612 Group is based in Atlanta, Georgia.

DEAL STATS #
Overall 1 of 3
Sector (Communications) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 1 of 3
State (Georgia) 1 of 2
Country (United States) 1 of 3
Year (2012) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-01 Riverstone Logistics

Charlotte, North Carolina, United States

Riverstone provides logistics and supply chain solutions to the furniture, appliance, electronics, and building products industries. Riverstone Logistics was founded in 2017 and is based in Charlotte, North Carolina.

Buy -
Mergr

Product

Company

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