M&A Deal Summary

Movil Access SA de CV Acquires Grupo Iusacell

On June 30, 2003, Movil Access SA de CV acquired communications company Grupo Iusacell from The Blackstone Group

Acquisition Highlights
  • This is Movil Access SA de CV’s 1st transaction in the Communications sector.
  • This is Movil Access SA de CV’s 1st transaction in Mexico.

M&A Deal Summary

Date 2003-06-30
Target Grupo Iusacell
Sector Communications
Buyer(s) Movil Access SA de CV
Sellers(s) The Blackstone Group
Deal Type Add-on Acquisition

Target

Grupo Iusacell

Chapultepec Delegación Miguel, Mexico
Grupo Iusacell provided telecommunication services in Mexico.

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Buyer(S) 1

Buyer

Movil Access SA de CV

Mexico City, Mexico

Category Company
Sector Communications
DESCRIPTION

Movil Access, SA de CV provides mobile telecommunications services.


DEAL STATS #
Overall 1 of 1
Sector: Communications M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Mexico M&A 1 of 1
Year: 2003 M&A 1 of 1

Seller(S) 1

SELLER

The Blackstone Group

New York, New York, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1987
PE ASSETS 394.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

The Blackstone Group is a global alternative investment management firm. The Firm's investment activities span real estate, secondary investments, hedge funds, credit, infrastructure, and private equity. Blackstone's private equity group targets opportunities globally including buyout acquisitions of established companies, development projects, growth equity financings, and industry consolidations. Sectors of interest include automotive, healthcare, chemicals, industrial, commercial property, lodging, communications, media/publishing, consumer & retail, packaging, consumer products, pharmaceuticals, energy, technology, entertainment, telecommunications, financial services, theme parks, food & beverage, and transportation. Blackstone's private equity real estate group looks for opportunities across North/South America, Asia, Australia/New Zealand, and Europe. The real estate group will consider both equity and debt investments. Areas of interest include healthcare, hotel, industrial, office, residential, and retail. The Blackstone Group was formed in 1987 and is based in New York, New York.


DEAL STATS #
Overall 11 of 193
Sector: Communications M&A 4 of 15
Type: Add-on Acquisition M&A Deals 5 of 74
Country: Mexico M&A 1 of 2
Year: 2003 M&A 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2003-06-01 Kabelnetz NRWm

Germany

Kabelnetz NRW operated a cable television network in Germany.

Buy $16M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2003-07-02 Axis Capital

Pembroke, Bermuda

Axis Capital is a provider of specialty-lines insurance and treaty reinsurance for customers around the world. Axis maintains operating subsidiaries in Bermuda, Ireland, and the United States. Axis Capital was founded in 2001 and is based in Pembroke, Bermuda.

Sell -