M&A Deal Summary

McLeodUSA Acquires One Stop Telecommunications

On December 22, 1999, McLeodUSA acquired communications company One Stop Telecommunications from Wind Point Partners

Acquisition Highlights
  • This is McLeodUSA’s 1st transaction in the Communications sector.
  • This is McLeodUSA’s 1st transaction in the United States.
  • This is McLeodUSA’s 1st transaction in Illinois.

M&A Deal Summary

Date 1999-12-22
Target One Stop Telecommunications
Sector Communications
Buyer(s) McLeodUSA
Sellers(s) Wind Point Partners
Deal Type Add-on Acquisition

Target

One Stop Telecommunications

Lisle, Illinois, United States
One Stop Telecommunications is a local telecommunications service provider. One Stop competes in its market by offering a bundled package of local, long distance, cellular and paging products.

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Buyer(S) 1

Buyer

McLeodUSA

Cedar Rapids, Iowa, United States

Category Company
Sector Communications
Employees7,800
DESCRIPTION

McLeodUSA, Inc. is a provider of managed IP-based communications services to small and medium-sized enterprises, and traditional circuit-switched telephony services to commercial customers in the Midwest, Rocky Mountain, Southwest and Northwest regions of the nation.


DEAL STATS #
Overall 1 of 1
Sector: Communications M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Illinois M&A 1 of 1
Country: United States M&A 1 of 1
Year: 1999 M&A 1 of 1

Seller(S) 1

SELLER

Wind Point Partners

Chicago, Illinois, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1984
PE ASSETS 7.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Wind Point Partners is a private equity firm focused on acquisitions of mid-sized companies operating in the business services, consumer products, healthcare services, and industrial products sectors. Wind Point looks to invest $60 to $130 million in companies valued up to $500 million. Prospective transaction types include leveraged buyouts, recapitalizations, industry consolidations, and growth capital financings. Wind Point Partners began investing in 1984 and is based in Chicago.


DEAL STATS #
Overall 1 of 56
Sector: Communications M&A 1 of 3
Type: Add-on Acquisition M&A Deals 1 of 26
State: Illinois M&A 1 of 6
Country: United States M&A 1 of 51
Year: 1999 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1999-01-01 Qualitor

Southfield, Michigan, United States

Qualitor is a supplier of branded aftermarket safety and wear products for the automotive aftermarket. Qualitor provides wiper blades and auto care accessories, as well as brake hardware and related components. Qualitor was founded in 1999 and is based in Southfield, Michigan.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2000-03-01 LDMI Telecommunications

Southfield, Michigan, United States

LDMI Telecommunications, Inc. is an integrated communications provider serving small and mid-sized businesses in the Great Lakes region. Its services include local and long distance phone service, high speed sDSL Internet connectivity and enhanced products such as conference calling and voice mail.

Buy -