M&A Deal Summary |
|
|---|---|
| Date | 2006-08-14 |
| Target | US LEC |
| Sector | Communications |
| Buyer(s) | PAETEC Holdings |
| Sellers(s) |
Quadrangle Group
Thomas H. Lee Partners Bain Capital Private Equity |
| Deal Type | Merger |
| Deal Value | 1.3B USD |
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| Category | Company |
|---|---|
| Founded | 1998 |
| Sector | Communications |
| Employees | 4,639 |
PAETEC Holdings is an integrated communications provider offering local, domestic and international long distance services, high speed Internet access, eCommerce and other data services to medium and large sized businesses, colleges and universities, hospitals, governmental organizations and affinity groups throughout the United States.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 4 |
| Sector (Communications) | 1 of 4 |
| Type (Merger) | 1 of 2 |
| State (North Carolina) | 1 of 1 |
| Country (United States) | 1 of 4 |
| Year (2006) | 1 of 1 |
| Size (of disclosed) | 1 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-09-17 |
McLeodUSA
Cedar Rapids, Iowa, United States 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. |
Buy | $557M |
| Category | Private Equity Firm |
|---|---|
| Founded | 2000 |
| PE ASSETS | 3.0B USD |
| Size | Large |
| Type | Sector Agnostic |
Quadrangle Group is a specialist private equity firm focused on the information and communications technology services sectors. Quadrangle was formed in 2000 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 20 |
| Sector (Communications) | 1 of 7 |
| Type (Merger) | 1 of 1 |
| State (North Carolina) | 1 of 1 |
| Country (United States) | 2 of 16 |
| Year (2006) | 2 of 4 |
| Size (of disclosed) | 6 of 9 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2006-08-01 |
DHI Group
Centennial, Colorado, United States DHI Group is a provider of specialized career websites for professional communities, including technology and engineering, financial services, energy, healthcare, and security clearance. DHI Group was incorporated in 1991 and is based in Centennial, Colorado. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2006-09-02 |
NTELOS Holdings
Waynesboro, Virginia, United States NTELOS Holdings Corp. is an integrated communications provider including wireless phone service, local and long distance telephone services, high capacity transport, data and voice services for Internet access and wide area networking and IPTV-based video services. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1974 |
| PE ASSETS | 35.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Thomas H. Lee Partners (THL) is a private equity firm that seeks buyout, expansion, consolidation, distressed, and recapitalization investments across various industries. Sectors of interest include business and information services, consumer products/retail, financial services, healthcare, industrial, and media/communications. THL looks to invest $100 to $400 million in companies valued up to $2.5 billion. THL was formed in 1974 and is based in Boston, Massachusetts.
| DEAL STATS | # |
|---|---|
| Overall | 9 of 54 |
| Sector (Communications) | 1 of 3 |
| Type (Merger) | 1 of 2 |
| State (North Carolina) | 1 of 3 |
| Country (United States) | 6 of 45 |
| Year (2006) | 1 of 3 |
| Size (of disclosed) | 12 of 21 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2006-05-31 |
Intrado
Omaha, Nebraska, United States Intrado is a cloud-based, global technology partner to clients around the world. The Company's solutions connect people and organizations at the right time and in the right ways, making those mission-critical connections more relevant, engaging, and actionable - turning Information to Insight. Intrado was formed in 1986 and is based in Omaha, Nebraska. |
Buy | $3.0B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2006-11-16 |
iHeartMedia
San Antonio, Texas, United States iHeartMedia is a diversified media and entertainment company with three reportable business segments, iHeartMedia, Americas outdoor advertising, and International outdoor advertising. iHeartMedia is based in San Antonio, Texas. |
Buy | $26.7B |
| Category | Private Equity Firm |
|---|---|
| Founded | 1984 |
| PE ASSETS | 44.2B USD |
| Size | Mega |
| Type | Sector Agnostic |
Bain Capital Private Equity (BCPE), is the private equity investment arm of alternative asset management firm, Bain Capital. BCPE targets leveraged buyout and growth capital transactions in a wide variety of industries including information technology, communications, media, healthcare, industrial/manufacturing, retail/consumer, and financial services. Bain Capital is based in Boston with additional offices in New York, London, Mumbai, Hong Kong, Shanghai, Tokyo, and Munich.
| DEAL STATS | # |
|---|---|
| Overall | 18 of 147 |
| Sector (Communications) | 2 of 3 |
| Type (Merger) | 1 of 11 |
| State (North Carolina) | 2 of 3 |
| Country (United States) | 17 of 85 |
| Year (2006) | 2 of 6 |
| Size (of disclosed) | 20 of 44 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2006-08-01 |
Greatview Aseptic Packaging
Beijing, China Greatview Aseptic Packaging is an integrated provider of aseptic packaging and related services globally. Greatview Aseptic Packaging was founded in 2001 and is based in Beijing, China. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2006-09-01 |
Applied Systems
University Park, Illinois, United States Applied Systems is a provider of cloud-based software that powers the business of insurance. The Company develops software for independent insurance agents, brokers, managing general agents, and insurance companies, as well as banks and other financial institutions with insurance operations. Applied Systems was founded in 1983 and is based in University Park, Illinois. |
Buy | $675M |
