1. Home >
  2. M&A >
  3. Growth Capital >
  4. United States >
  5. New York >
  6. M/C Partners Invests In SpeechCycle

Investment Summary

M/C Partners Invests In SpeechCycle

On March 6, 2007, private equity firm M/C Partners invested in information technology company SpeechCycle

Investment Highlights
  • This is M/C Partners’ 2nd transaction in the Information Technology sector.
  • This is M/C Partners’ 16th transaction in the United States.
  • This is M/C Partners’ 1st transaction in New York.
Investment Fate
  • SpeechCycle was sold to a publicly-traded strategic buyer in 2012 for 27M USD.

Investment Summary
Date 2007-03-06
Target SpeechCycle
Sector Information Technology
Investor(s) M/C Partners
Deal Type Growth Capital

Target

SpeechCycle

New York, New York, United States
SpeechCycle is provider of a new generation speech self-service solutions, building on technology innovation to automate the kind of complex customer care issues that, until now, were considered out of the reach of speech. This allows call centers to achieve maximum levels of customer service at significantly reduced cost, while generating the valuable business intelligence that drives long-term customer retention.

Search 215,130 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Investor(S) 1

Investor

M/C Partners

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1986
PE ASSETS 2.4B USD
Size Large
Type Sector Focused
DESCRIPTION

M/C Partners is a private equity and venture capital firm that targets communications, media and information technology companies throughout the US, Canada and Europe. M/C looks to invest $10 to $50 million per transaction and is usually the first institutional investor in its portfolio companies. Areas of interest include cable system operators, wireline communications services, fixed wireless broadband operators, media/content, mobile wireless data software and services and operators, wireless tower operators and on-demand software companies. Prospective transaction types include buyouts, growth capital and seed capital financing. M/C partners was formerly known as Chestnut Street Partners. M/C Partners was founded in 1986. The Firm is based in Boston with additional offices in San Francisco and London.

DEAL STATS #
Overall 19 of 52
Sector: Information Technology M&A 2 of 11
Type: Growth Capital M&A Deals 2 of 17
State: New York M&A 1 of 2
Country: United States M&A 16 of 45
Year: 2007 M&A 3 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-01-01 CoreLink Data Centers

Mount Prospect, Illinois, United States

M/C partnered with management to form CoreLink Data Centers in late 2007 to pursue the long-term trend of outsourcing information technology to managed services data centers. Corelink focuses on identifying and acquiring colocation opportunities in geographical markets that have high growth potential and are currently underserved. To date, CDC acquired datacenter assets in Seattle and Phoenix. CoreLink Data Centers is based in Mount Prospect, Illinois.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-04-24 MetroPCS Communications

Richardson, Texas, United States

MetroPCS Communications, Inc. is a provider of wireless communications services in several metropolitan areas of the US, including SanFrancisco, Miami and Atlanta. MetroPCS offers simple, flat-rate calling plans that provide unlimited usage within a local calling area with no long-term contracts.

Sell -
Mergr

Solution for

Product

Company

Legal