M&A Deal Summary

Savvis Acquires Fusepoint

On June 1, 2010, Savvis acquired information technology company Fusepoint from M/C Partners for 125M USD

Acquisition Highlights
  • This is Savvis’ 1st transaction in the Information Technology sector.
  • This is Savvis’ largest (disclosed) transaction.
  • This is Savvis’ 1st transaction in Canada.
  • This is Savvis’ 1st transaction in Ontario.

M&A Deal Summary
Date 2010-06-01
Target Fusepoint
Sector Information Technology
Buyer(s) Savvis
Sellers(s) M/C Partners
Deal Type Add-on Acquisition
Deal Value 125M USD
Advisor(s) Signal Hill Capital Group LLC (Financial)
Edwards Wildman Palmer LLP
Osler (Legal)

Target

Fusepoint

Mississauga, Ontario, Canada
Fusepoint, Inc. is an independent provider of managed IT and colocation services to enterprises in Canada. Fusepoint offers services that allow customers to outsource their mission-critical IT infrastructure and application requirements.

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Buyer(S) 1

Buyer

Savvis

Town & Country, Missouri, United States
Category Company
Founded 1995
Sector Information Technology
DESCRIPTION

Savvis, Inc. is a provider of cloud infrastructure and hosted IT solutions for enterprises.

DEAL STATS #
Overall 2 of 3
Sector (Information Technology) 1 of 2
Type (Add-on Acquisition) 2 of 2
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2010) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-12-26 Savvis - Content Delivery Network Business

Thousand Oaks, California, United States

Savvis - Content Delivery Network (CDN) Business is a provides solutions that improve performance, reliability, scalability and reach of customers’ online content.

Sell $135M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-08-01 Ciber ITO

Greenwood Village, Colorado, United States

Ciber ITO provides information technology outsourcing business.

Buy $7M

Seller(S) 1

SELLER

M/C Partners

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1986
PE ASSETS 2.4B USD
Size Large
Type Sector Focused
DESCRIPTION

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 11 of 31
Sector (Information Technology) 1 of 8
Type (Add-on Acquisition) 6 of 16
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2010) 1 of 2
Size (of disclosed) 11 of 15
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-11-03 NuVox Communications

Greenville, South Carolina, United States

NuVox Communications, Inc. is an integrated communications provider. NuVox is a competitive local exchange carrier (CLEC) offering comprehensive voice and data communications products and services to customers. NuVox delivers services via its industry MPLS-based wide area private IP network.

Sell $643M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-09-13 Cavalier Telephone

Richmond, Virginia, United States

Cavalier Telephone LLC is a provider of reliable and efficient telecommunications solutions for business, consumer, and government customers.

Sell $460M
Mergr

Product

Company

Legal