M&A Deal Summary

Terremark Worldwide Acquires Data Return

On May 14, 2007, Terremark Worldwide acquired information technology company Data Return from Saratoga Partners for 85M USD

Acquisition Highlights
  • This is Terremark Worldwide’s 1st transaction in the Information Technology sector.
  • This is Terremark Worldwide’s largest (disclosed) transaction.
  • This is Terremark Worldwide’s 1st transaction in the United States.
  • This is Terremark Worldwide’s 1st transaction in Texas.

M&A Deal Summary
Date 2007-05-14
Target Data Return
Sector Information Technology
Buyer(s) Terremark Worldwide
Sellers(s) Saratoga Partners
Deal Type Add-on Acquisition
Deal Value 85M USD
Advisor(s) Navidar Holdco LLC (Financial)

Target

Data Return

Irving, Texas, United States
Data Return provides outsourcing services to integrate, host, manage and support all of the network, hardware and software infrastructure required to operate external-facing website applications for corporations. Data Return was founded in 1997 and is based in Irving.

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Buyer(S) 1

Buyer

Terremark Worldwide

Miami, Florida, United States
Category Company
Sector Information Technology
DESCRIPTION

Terremark Worldwide, Inc. provides managed information technology (IT) solutions with data centers.

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

Seller(S) 1

SELLER

Saratoga Partners

New York, New York, United States

Investor

Category Merchant Bank
Founded 1998
PE ASSETS 750M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Saratoga Partners is an independent private equity firm focused on investments in partnership with management in the manufacturing, business services and media and telecommunications industries. Saratoga pursues businesses valued from $50 to $400 million and generally acts as the lead investor. Target companies typically have leading market positions and operate in defensible niches with provide proprietary products. Prospective transaction situations include corporate buyouts, consolidations, and divestitures. Saratoga Partners dates back to 1984 and became independent in 1998. The Firm is based in New York City.

DEAL STATS #
Overall 12 of 16
Sector (Information Technology) 2 of 2
Type (Add-on Acquisition) 3 of 4
State (Texas) 2 of 2
Country (United States) 12 of 16
Year (2007) 1 of 1
Size (of disclosed) 3 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-04-01 National Truck Protection

Winston-Salem, North Carolina, United States

National Truck Protection is a provider of extended service contracts for critical coverage on high-value fundamental drivetrain components for used class 3 through 8 trucks. National Truck Protection was founded in 1983 and is based in Winston-Salem, North Carolina.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-04-01 Scovill Fasteners

Clarkesville, Georgia, United States

Scovill Fasteners, Inc. is one of the world’s largest manufacturers of apparel and light industrial fasteners. Scovill offers a full range of service and support from product design and delivery to application to various markets including Jeanswear, Infantwear, Workwear, Military, Sporting Goods and Marine. Through partnership, service and expertise, Scovill has provided customercentered solutions for over 200 years. Products and services range from highperformance buttons, zippers, snap fasteners, grommets and washers to attaching machine equipment, custom metal stamping and expert technical support. Scovill’s brand portfolio includes products that have strong recognition such as Gripper® , Duramark® and DOT® . Scovill sales teams, technicians and service specialists are located around the world.

Sell -
Mergr

Product

Company

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