M&A Deal Summary |
|
|---|---|
| Date | 2002-01-01 |
| Target | PrairieWave Communications |
| Sector | Communications |
| Buyer(s) |
Ridgemont Equity Partners
Alta Equity Partners |
| Sellers(s) | McLeod USA Telecommunications Services |
| Deal Type | Divestiture |
SEARCH BY
| 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 | 30 of 136 |
| Sector: Communications M&A | 5 of 8 |
| Type: Divestiture M&A Deals | 1 of 5 |
| State: South Dakota M&A | 2 of 2 |
| Country: United States M&A | 30 of 121 |
| Year: 2002 M&A | 3 of 6 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2002-01-01 |
Phoenix Scientific
Fort Dodge, Iowa, United States Phoenix Scientific, Inc. manufactures veterinary pharmaceutical preparations Toy balloons or balls, Dolls, Doll houses, Stuffed animals or puppets, Playhouses, Building blocks, Riding toys, Pull toys, Childrens science kits, Toy vehicles, Toy trains, Inflatable toys, Doll parts or accessories, Yo yos, Kites, Pogs, Kaleidoscopes, Pom poms, Pinatas, Boomerangs, Flying discs, Toy pails. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2002-02-05 |
Kerrville Communications
Irving, Texas, United States The largest independent provider of rural local exchange services in the state of Texas. BACI provided subordinated debt and equity financing to sponsor a recapitalization transaction of this formerly family owned business. The company was acquired by Valor Telecommunications, LLC in 2002. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1989 |
| Size | Small |
| Type | Sector Agnostic |
Alta Equity Partners is a private equity firm focused on acquiring lower middle-market, US-based companies. The Firm is a generalist investor but targets companies exhibiting recurring revenue business models, low capital intensity, proven management, and opportunities for growth. Prospective transaction situations of interest include recapitalizations, management buyouts, divestitures, and special situations. Alta Equity Partners was formerly known as Alta Communications. Alta Communications was formed in 1989 and the Firm changed its name to Alta Equity Partners in 2010. Alta Equity Partners is based in Concord, Massachusetts.
| DEAL STATS | # |
|---|---|
| Overall | 21 of 40 |
| Sector: Communications M&A | 9 of 9 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: South Dakota M&A | 1 of 1 |
| Country: United States M&A | 18 of 36 |
| Year: 2002 M&A | 4 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2002-01-01 |
JP Broadcasting Co.
New Orleans, Louisiana, United States JP Broadcasting was formed by Chris Devine and Alta Communications to operate one FM radio station in New Orleans, LA. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2002-01-11 |
Cypress Communications
Atlanta, Georgia, United States Cypress Communications is an on-demand communication solution provider in 29 major metropolitan U.S. markets, connecting more than 120,000 employees for over 8,500 small and mid-sized businesses in commercial office buildings. |
Sell | - |
| Category | Company |
|---|---|
| Sector | Information Technology |
McLeod USA Telecommunications Services LLC provides integrated voice and data services.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Communications M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: South Dakota M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2002 M&A | 1 of 1 |
