M&A Deal Summary

Telanetix Acquires AccessLine Communications

On September 18, 2007, Telanetix acquired communications company AccessLine Communications from SilverHaze Partners for 35M USD

Acquisition Highlights
  • This is Telanetix’s 1st transaction in the Communications sector.
  • This is Telanetix’s largest (disclosed) transaction.
  • This is Telanetix’s 1st transaction in the United States.
  • This is Telanetix’s 1st transaction in Washington.

M&A Deal Summary
Date 2007-09-18
Target AccessLine Communications
Sector Communications
Buyer(s) Telanetix
Sellers(s) SilverHaze Partners
Deal Type Add-on Acquisition
Deal Value 35M USD
Advisor(s) Capstone Partners (Financial)

Target

AccessLine Communications

Bellevue, Washington, United States
AccessLine Communications provides hosted VoIP services for the business market nationwide. The company's turnkey business phone service is easy to implement, cost effective, and delivers a complete range of powerful features.

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Buyer(S) 1

Buyer

Telanetix

Bellevue, Washington, United States
Category Company
Sector Communications
DESCRIPTION

Telanetix Inc., is a communications service provider offering next generation voice services to the business market through voice over IP (VoIP). The company's voice offerings give business customers a flexible calling solution, a simple installation experience, and advanced PBX functionality at a low price.

DEAL STATS #
Overall 1 of 1
Sector (Communications) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Washington) 1 of 1
Country (United States) 1 of 1
Year (2007) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

SilverHaze Partners

Washington, District of Columbia, United States
Category Private Equity Firm
Founded 2000
Size Small
Type Sector Agnostic
DESCRIPTION

SilverHaze Partners is a private investment firm that acts as both a fund of funds vehicle as well as a direct investor in companies. SilverHaze devotes 80% of capital to other buyout funds with the remainder reserved for opportunistic investments in technology related businesses. SilverHaze Partners was formed in 2000 and is based in McLean, Virginia.

DEAL STATS #
Overall 7 of 13
Sector (Communications) 2 of 2
Type (Add-on Acquisition) 4 of 8
State (Washington) 4 of 4
Country (United States) 7 of 13
Year (2007) 3 of 4
Size (of disclosed) 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-04-09 IPWireless

San Francisco, California, United States

General Dynamics C4 Systems has developed lifesaving communication products, integrating them into secure networks that deliver vital information for military, homeland security and public safety professionals.

Sell $100M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-12-01 Fidelity & Trust Bank

Bethesda, Maryland, United States

Fidelity & Trust Bank is a full service community oriented financial institution, providing general commercial and consumer banking services to small and medium sized businesses, to professionals and to consumers in the Washington, DC area, as well as banking services to clients of Fidelity & Trust Mortgage.

Sell -
Mergr

Product

Company

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