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M&A Deal Summary

Shared Technologies Acquires United Asset Coverage

On February 26, 2007, Shared Technologies acquired communications company United Asset Coverage from Spectrum Equity

Acquisition Highlights
  • This is Shared Technologies’ 1st transaction in the Communications sector.
  • This is Shared Technologies’ 1st transaction in the United States.
  • This is Shared Technologies’ 1st transaction in Illinois.

M&A Deal Summary
Date 2007-02-26
Target United Asset Coverage
Sector Communications
Buyer(s) Shared Technologies
Sellers(s) Spectrum Equity
Deal Type Add-on Acquisition

Target

United Asset Coverage

Naperville, Illinois, United States
United Asset Coverage, Inc. is a provider of integrated telecommunications and data networking maintenance services.

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Buyer(S) 1

Buyer

Shared Technologies

Coppell, Texas, United States
Category Company
Sector Information Technology
DESCRIPTION

Shared Technologies Inc. is a North American unified communications and managed services provider. Shared sells, installs, and maintains communications solutions, including the latest in unified communications, voice and data technologies, contact center, network security, and traditional telephony.

DEAL STATS #
Overall 1 of 3
Sector: Communications M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 3
State: Illinois M&A 1 of 1
Country: United States M&A 1 of 3
Year: 2007 M&A 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-10-17 Communication Management Services

Richardson, Texas, United States

Communication Management Services, Inc. is a full service provider of outsourced network management and monitoring solutions for small-to-midsize telco service providers and enterprises.

Buy -

Seller(S) 1

SELLER

Spectrum Equity

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1994
PE ASSETS 8.2B USD
Size Mega
Type Sector Focused
DESCRIPTION

Spectrum Equity Management L.P. is a private equity investor focused on service businesses. Spectrum specifically targets established businesses in the media, communications, IT, information, and business services industries. The Firm looks to commit $25 to $150 million of equity capital per transaction and focuses on opportunities throughout North America and Western Europe. Prospective transaction situations include leveraged buyouts, recapitalizations, acquisition financings, and secondary purchases. Spectrum Equity Investors was formed in 1994 and has offices in Boston, Massachusetts and Menlo Park, California.

DEAL STATS #
Overall 15 of 77
Sector: Communications M&A 6 of 9
Type: Add-on Acquisition M&A Deals 10 of 46
State: Illinois M&A 3 of 5
Country: United States M&A 14 of 68
Year: 2007 M&A 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-01-08 NEP Group

Pittsburgh, Pennsylvania, United States

NEP is a media services partner for live sports and entertainment that offers a network of experts, cutting-edge technology, and an expansive portfolio of customer-driven, innovative solutions. Through operations in 25 countries, its teams have supported thousands of major productions and events on every continent with excellence and reliability. NEP was formed in 1986 and is based in Pittsburgh, Pennsylvania.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-03-27 CBD Media

Englewood, Colorado, United States

CBD Media LLC is the incumbent yellow pages directory publisher in the greater Cincinnati metropolitan area, operating under the Cincinnati Bell brand name and trademarks.

Sell -
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