M&A Deal Summary

Sprint Acquires Alamosa Holdings

On November 21, 2005, Sprint acquired communications company Alamosa Holdings from Peppertree Capital for 4.3B USD

Acquisition Highlights
  • This is Sprint’s 7th transaction in the Communications sector.
  • This is Sprint’s 3rd largest (disclosed) transaction.
  • This is Sprint’s 7th transaction in the United States.
  • This is Sprint’s 1st transaction in Texas.

M&A Deal Summary

Date 2005-11-21
Target Alamosa Holdings
Sector Communications
Buyer(s) Sprint
Sellers(s) Peppertree Capital
Deal Type Add-on Acquisition
Deal Value 4.3B USD
Advisor(s) Blackstone Advisory Partners
UBS Investment Bank (Financial)
Skadden, Arps, Slate, Meagher & Flom (Legal)

Target

Alamosa Holdings

LubbocK, Texas, United States
Alamosa Holdings, Inc. is a provider of wireless personal communications services (PCS). It operates the digital, code division multiple access wireless network.

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Buyer(S) 1

Buyer

Sprint

Overland Park, Kansas, United States

Category Company
Founded 1899
Sector Communications
Employees36,000
Revenue 33.3B USD (2018)
DESCRIPTION
Building on Sprint's corporate campus in Overland Park, Kansas.
Building on Sprint's corporate campus in Overland Park, Kansas.

Sprint is a provider of wireless and wireline communications services for consumers, businesses and government users. In addition to the Sprint brand, Sprint offers its services through Virgin Mobile USA, Boost Mobile, and Assurance Wireless.


DEAL STATS #
Overall 7 of 13
Sector (Communications) 7 of 12
Type (Add-on Acquisition) 5 of 11
State (Texas) 1 of 1
Country (United States) 7 of 13
Year (2005) 5 of 5
Size (of disclosed) 3 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-10-20 IWO Holdings

Albany, New York, United States

IWO Holdings, Inc. is a provider of wireless communication services .

Buy $427M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-04-20 UbiquiTel

Conshohocken, Pennsylvania, United States

UbiquiTel Inc. (NASDAQ:UPCS) was a Sprint PCS affiliate established to construct and operate a Sprint PCS wireless network in selected markets in the western and midwestern United States.

Buy $1.0B

Seller(S) 1

SELLER

Peppertree Capital

Chagrin Falls, Ohio, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2003
PE ASSETS 4.8B USD
Size Large
Type Sector Focused
DESCRIPTION

Peppertree Capital is a private equity firm that targets investments in mid to large-sized wireless telecommunication infrastructure companies. Peppertree focuses on growing companies with recurring, predictable cash-flows, and led by management with proven track records. Specific areas of interest include communication rooftop developers, fiber network operators, and related real estate projects. Target transaction types include buyouts, recapitalizations and growth capital financings. Peppertree Capital was formed in 2003 and is based in Chagrin Falls, Ohio.


DEAL STATS #
Overall 4 of 10
Sector (Communications) 3 of 6
Type (Add-on Acquisition) 3 of 6
State (Texas) 1 of 2
Country (United States) 4 of 10
Year (2005) 1 of 1
Size (of disclosed) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-11-08 Carpathia Financial Services

West Chester, Pennsylvania, United States

Carpathia Financial Services LLC is a provider of consulting, accounting, staffing and recruiting services.

Buy $26M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-06-02 Pegasus Tower Development

Tazewell, Virginia, United States

Pegasus Tower Development Co. LLC is a wireless infrastructure management and development services company.

Buy $20M