Investment Summary |
|
|---|---|
| Date | 1998-01-01 |
| Target | NuVox Communications |
| Sector | Communications |
| Investor(s) |
Pamlico Capital
Meritage Funds Quadrangle Group Cyprium Partners M/C Partners CCMP Capital Ridgemont Equity Partners Goldman Sachs Merchant Banking KKR |
| Deal Type | Venture |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1988 |
| PE ASSETS | 3.5B USD |
| Size | Large |
| Type | Sector Agnostic |
Pamlico Capital is a private equity group focused on mid-sized transactions. Pamlico looks to invest $25 to $125 million per transaction. Sectors of interest include business and technology services, consumer products/services, industrial, energy, financial services, healthcare, media, and communications. Pamlico will consider both minority and majority positions. Prospective transactions include management or leveraged buyouts, recapitalizations, growth financings, mezzanine, and special situations. Pamlico was formerly known as Wachovia Capital Partners. The Firm was originally formed in 1988 and is based in Charlotte, North Carolina.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 87 |
| Sector: Communications M&A | 1 of 11 |
| Type: Venture M&A Deals | 1 of 2 |
| State: South Carolina M&A | 1 of 1 |
| Country: United States M&A | 1 of 82 |
| Year: 1998 M&A | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 1998-06-01 |
Worldstrides
Charlottesville, Virginia, United States WorldStrides is a provider of experiential learning to over 400,000 students per year covering academic, professional, performing arts, and athletic programming. The company partners with more than 7,000 K-12 schools and 800 universities, including MBA programs. Worldstrides was founded in 1967 and is based in Charlottesville, Virginia. |
Buy | - |
| Category | Growth Capital Firm |
|---|---|
| Founded | 1998 |
| PE ASSETS | 1.0B USD |
| Size | Large |
| Type | Sector Focused |
Meritage Funds is a private investment firm focused on growth equity opportunities. The Firm targets companies that deliver tech-based services that leverage recurring revenue business models. Areas of interest include businesses that 'enable communications, deliver content, and facilitate commerce'. Prospective transaction situations include direct equity financings, recapitalizations, control acquisitions, consolidations, restructurings, spin-outs and management buy-outs. Meritage typically looks to commit $3 to $20 million over the lifecycle of an investment. Meritage Funds was formed in 1998 and is based in Arvada, Colorado.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 16 |
| Sector: Communications M&A | 4 of 7 |
| Type: Venture M&A Deals | 1 of 5 |
| State: South Carolina M&A | 1 of 1 |
| Country: United States M&A | 3 of 15 |
| Year: 1998 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 1998-01-01 |
Digital Television Services
Radnor, Georgia, United States Provider of contract lodging management services |
Sell | $335M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 1999-06-01 |
MetroNet Communications
Calgary, Alberta, Canada MetroNet Communications Corp. is an independent facilities based provider of competitive telecommunications services in Canada. |
Sell | $7.0B |
| 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 | 1 of 25 |
| Sector: Communications M&A | 1 of 11 |
| Type: Venture M&A Deals | 1 of 4 |
| State: South Carolina M&A | 1 of 2 |
| Country: United States M&A | 1 of 19 |
| Year: 1998 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 1999-01-01 |
Bresnan Communications
Purchase, New York, United States Bresnan Communications LLC operates cable television systems serving approximately 300,000 basic subscribers in Montana, Wyoming, Colorado and Utah. Bresnan delivers advanced products and services such as high-speed Internet access, high-definition television, video-on-demand and telephone to residential and business customers across an upgraded network. |
Buy | $1.2B |
| Category | Mezzanine Finance Firm |
|---|---|
| Founded | 1998 |
| PE ASSETS | 1.8B USD |
| Size | Large |
| Type | Sector Agnostic |
Cyprium Partners is a private investment firm that provides mezzanine and equity capital to profitable, middle-market companies. The Firm will consider both non-control and control positions in businesses with revenue of $50 to $300 million and at least $8 million of EBITDA. Sectors of interest include traditional industries such as manufacturing, distribution, and services. Cyprium avoids investments in financial services, real estate, energy, commodities, natural resources, restaurants, long-term care and healthcare companies. Cyprium was formerly known as Key Principal Partners. The Firm has offices in Cleveland, Ohio and New York City.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 54 |
| Sector: Communications M&A | 1 of 2 |
| Type: Venture M&A Deals | 1 of 1 |
| State: South Carolina M&A | 1 of 2 |
| Country: United States M&A | 1 of 51 |
| Year: 1998 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2000-01-01 |
Big Rock Sports
Graham, North Carolina, United States Big Rock Sports is a distributor of fishing, shooting sports, and camping equipment in the U.S. The Company supplies over 100,000 SKUs to nearly 15,000 independent specialty retailers as well as select category chains and mass retailers. Big Rock Sports was formed in 1996 and is based in Graham, North Carolina. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1986 |
| PE ASSETS | 2.4B USD |
| Size | Large |
| Type | Sector Focused |
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 | 9 of 52 |
| Sector: Communications M&A | 8 of 32 |
| Type: Venture M&A Deals | 2 of 6 |
| State: South Carolina M&A | 1 of 1 |
| Country: United States M&A | 9 of 45 |
| Year: 1998 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 1998-01-01 |
WNP Communications
Earlysville, Virginia, United States WNP Communications, Inc. is a provider of broadband wireless services. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 1998-10-01 |
Phone Michigan
Lansing, Michigan, United States Phone Michigan is a provider of Competitive local exchange telephone company serving central Michigan and northern Indiana. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1984 |
| PE ASSETS | 16.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
CCMP Capital is a large private equity firm focused on buyout and growth equity valued up to $2 billion. Sectors of interest include consumer, retail, and services (specialty retail, direct marketing, consumer packaged goods); media/telecom (consumer and trade publishing, content and programming, broadcasting, cable, wireless and wire line communications ); industrial (chemicals, manufacturing, distribution, automotive); energy (exploration and production, power generation, renewable energy, services); and healthcare (services, pharmaceuticals, medical devices). The Firm's target investment size is $100 to $500 million. CCMP Capital Advisors was formed in 1984 and was spun off in 2006 from JP Morgan Chase. The Firm is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 18 of 97 |
| Sector: Communications M&A | 2 of 5 |
| Type: Venture M&A Deals | 2 of 5 |
| State: South Carolina M&A | 1 of 1 |
| Country: United States M&A | 18 of 75 |
| Year: 1998 M&A | 4 of 6 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 1998-01-01 |
SPI Polyols
Wilmington, Delaware, United States SPI Polyols, Inc. is a producer of polyols - starch derivatives used in food, pharmaceuticals and oral care products. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 1998-05-01 |
La Petite Academy
Chicago, Illinois, United States La Petite Academy is one of the nation's leading providers of center-based child care and early education through more than 750 locations throughout the country. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1993 |
| PE ASSETS | 7.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Ridgemont Equity Partners is an independent private equity firm specializing in middle-market buy-outs, corporate divestitures, recapitalizations and growth capital investments. The Firm targets to invest in companies located in North America, preferably in US and Canada. REP looks to invest up to $500 million in companies with EBIDTA of $5 - $50 million. The Firm seeks to hold both majority and minority equity interest in portfolio companies. Specific areas of interest include basin industries and services, energy, healthcare, telecommunications, media and technology. Ridgemont Equity Partners is a spun-off of Banc of America Capital Investors (BACI). Ridgemont Equity Partners was formed in August 2010 and is based in Charlotte, North Carolina.
| DEAL STATS | # |
|---|---|
| Overall | 14 of 136 |
| Sector: Communications M&A | 1 of 8 |
| Type: Venture M&A Deals | 1 of 4 |
| State: South Carolina M&A | 2 of 5 |
| Country: United States M&A | 14 of 121 |
| Year: 1998 M&A | 2 of 6 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 1998-01-01 |
Muzak
Fort Mill, South Carolina, United States Muzak is the world's largest background music provider. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 1998-04-19 |
LIN Media
Providence, Rhode Island, United States LIN Media is a local multimedia company that operates or services 43 television stations and seven digital channels in 23 U.S. markets, along with a diverse portfolio of websites, apps and mobile products that make it more convenient to access its unique and relevant content on multiple screens. LIN Media’s highly-rated television stations deliver important local news and community stories along with top-rated sports and entertainment programming to 10.5% of U.S. television homes. The Company’s growing digital media portfolio helps agencies and brands effectively and efficiently reach their target audiences at scale by utilizing its ComScore Top 15 Video and Top 25 Display market share, and the latest in conversational marketing, video, display, mobile, social intelligence and monetization, as well as reporting across all screens. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1986 |
| PE ASSETS | 155.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Goldman Sachs Merchant Banking Division is the investment arm of Goldman Sachs. The primary corporate investment group within the Merchant Banking Division is Goldman Sachs' direct investment arm. GS's direct investment arm consists of GS Capital Partners, GS Mezzanine Partners, and GS Growth Partners. GS Capital Partners is the direct corporate equity investment group which seeks LBO, recapitalization, and growth investments to help fund acquisitions, expansions, recapitalizations, restructurings, buyouts, and take privates. GS Capital Partners looks to invest between $50 and $800 million in opportunities in North/South America, Europe, Asia. GS Mezzanine Partners is the junior capital arm of Goldman Sachs. GS Mezzanine looks to invest between $200 million and and $800 million in transactions valued up to $10 billion. Investment proceeds are used to fund leveraged buyouts, expansion financings, recapitalizations, acquisitions, and restructurings. GS Growth looks to invest in growth equity transactions. The unit seeks to commit $20 to $200 million per investment. Other units within GS's merchant banking division include Real Estate, Infrastructure, and Urban Investments. Goldman Sachs Merchant Banking Division is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 189 |
| Sector: Communications M&A | 2 of 8 |
| Type: Venture M&A Deals | 1 of 11 |
| State: South Carolina M&A | 1 of 1 |
| Country: United States M&A | 3 of 130 |
| Year: 1998 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 1996-01-01 |
Audacy
Philadelphia, Pennsylvania, United States Audacy is a radio broadcasting company, with a portfolio of 125 highly-rated radio stations. Audacy was incorporated in 1968 and is based in Philadelphia, Pennsylvania. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 1999-01-29 |
Audacy
Philadelphia, Pennsylvania, United States Audacy is a radio broadcasting company, with a portfolio of 125 highly-rated radio stations. Audacy was incorporated in 1968 and is based in Philadelphia, Pennsylvania. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1976 |
| PE ASSETS | 267.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
KKR is a global investment firm founded by Jerome Kohlberg, Henry Kravis, and George Roberts. The Firm is separated into several business segments including private markets, public markets, capital markets, and other principal activities. KKR's private equity practice invests in management buyouts, take privates, corporate divestitures, industry consolidations, and partnerships with family-owned companies. KKR will invest in a broad range of industries and companies and will consider businesses throughout North America, Europe, Asia, and Australia/New Zealand. Sectors of interest include chemicals, consumer products, energy and natural resources, financial services, healthcare, industrial, media/communications, retail, and technology. In addition to its traditional principal investment activity business, KKR also invests in infrastructure assets. KKR was formed in 1976 and is based in New York, New York.
| DEAL STATS | # |
|---|---|
| Overall | 11 of 499 |
| Sector: Communications M&A | 1 of 21 |
| Type: Venture M&A Deals | 1 of 35 |
| State: South Carolina M&A | 1 of 1 |
| Country: United States M&A | 11 of 212 |
| Year: 1998 M&A | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 1997-11-18 |
Accuride
Evansville, Indiana, United States Accuride is a manufacturer and supplier of wheels and wheel-end components to the global commercial vehicle markets. The company’s products include steel and aluminum commercial vehicle wheels and wheel‐end components and assemblies; and steel wheels for the European automotive and global agricultural, construction, and industrial equipment markets. Accuride was founded in 1986 and is based in Evansville, Indiana. |
Buy | $480M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 1998-03-13 |
Reltec
Cleveland, Ohio, United States Reltec designs, manufactures and sells a wide array of telecommunications products and services via a worldwide network of employees. |
Sell | - |
