M&A Deal Summary

Skyview Capital Acquires NewNet

On August 13, 2007, private equity firm Skyview Capital acquired software company NewNet

Acquisition Highlights
  • This is Skyview Capital’s 1st transaction in the Software sector.
  • This is Skyview Capital’s 5th transaction in the United States.
  • This is Skyview Capital’s 1st transaction in Illinois.

M&A Deal Summary
Date 2007-08-13
Target NewNet
Sector Software
Buyer(s) Skyview Capital
Deal Type Buyout (LBO, MBO, MBI)

Target

NewNet

Lombard, Illinois, United States
NewNet's headquarters in Lombard, Illinois.
NewNet's headquarters in Lombard, Illinois.
NewNet is a provider of telecom infrastructure solutions, with products ranging from software protocols and messaging applications to systems supporting Secure Financial Transaction Processing. NewNet software protocol, messaging and mobile data solutions address the needs of wireless, IP, and wireline networks. NewNet’s scalable signaling platforms enable rapid development and deployment of a wide spectrum of carrier-grade, revenue generating and compliance applications. NewNet was originally established in 1989 and is based in Lombard, Illinois.

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Buyer(S) 1

Buyer

Skyview Capital

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2003
PE ASSETS 400M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Skyview Capital is a private investment firm that targets divestitures of larger public corporations. Skyview focuses primarily on legacy, mature businesses in technology, business services, software, and niche manufacturing. Other areas of interest include networking solutions, information systems, transaction processing, logistics, and supply chain management. Skyview prefers business units located in North America with revenues of at least $10 million. Skyview Capital was formed in 2003 and is based in Los Angeles, California.

DEAL STATS #
Overall 5 of 16
Sector (Software) 1 of 2
Type (Buyout (LBO, MBO, MBI)) 1 of 2
State (Illinois) 1 of 2
Country (United States) 5 of 15
Year (2007) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-01-30 TRM Copy Centers

Portland, Oregon, United States

TRM Copy Centers LLC is a provider of self-service convenience photocopy services in the retail environment.

Buy $9M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-01-01 Collins Communications

Roseville, Minnesota, United States

Collins Communications is a provider of IP Telephony, call center management and data network solutions, primarily through Nortel hardware solutions.

Sell -
Mergr

Product

Company

Legal