Growth Capital • Information Technology

The Blackstone Group and Battery Ventures Invest In LIFFE

On November 1, 2000, private equity firms The Blackstone Group and Battery Ventures invested in information technology company LIFFE

Investment Context
  • This is The Blackstone Group’s 2nd and Battery Ventures’ 1st transaction in the Information Technology sector.
  • This is The Blackstone Group’s 2nd and Battery Ventures’ 1st transaction in the United Kingdom.

Explore All 1474 Growth Capital Information Technology Deals - Search the Database Free


Investment Summary

Date November 1, 2000
Target LIFFE
Sector Information Technology
Investor(s) The Blackstone Group
Battery Ventures
Deal Type Growth Capital

Target Company

LIFFE

London, United Kingdom
LIFFE (London International Financial Futures and Options Exchange) Limited operated both the London International Financial Futures and Options Exchange.
Explore More Deals

Browse All 215,156 Deals

FILTER BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Search Free

Investors Overview 2

Investor

The Blackstone Group

New York, New York, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1987
PE ASSETS 394.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

The Blackstone Group is a global alternative investment management firm. The Firm's investment activities span real estate, secondary investments, hedge funds, credit, infrastructure, and private equity. Blackstone's private equity group targets opportunities globally including buyout acquisitions of established companies, development projects, growth equity financings, and industry consolidations. Sectors of interest include automotive, healthcare, chemicals, industrial, commercial property, lodging, communications, media/publishing, consumer & retail, packaging, consumer products, pharmaceuticals, energy, technology, entertainment, telecommunications, financial services, theme parks, food & beverage, and transportation. Blackstone's private equity real estate group looks for opportunities across North/South America, Asia, Australia/New Zealand, and Europe. The real estate group will consider both equity and debt investments. Areas of interest include healthcare, hotel, industrial, office, residential, and retail. The Blackstone Group was formed in 1987 and is based in New York, New York.


Deal Context for Investor #
Overall 53 of 365
Sector: Information Technology 2 of 26
Type: Growth Capital 2 of 39
Country: United Kingdom 2 of 26
Year: 2000 19 of 19
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-07-18 StorageApps

Bridgewater, New Jersey, United States

StorageApps Inc. provided enterprise storage delivery and support, and other storage area network solutions.

Buy $230M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2001-05-02 Viatel Holding

Surrey, United Kingdom

Viatel Holding Ltd. is a provider of long-distance voice and data services to small and medium-size enterprises, carriers and resellers primarily in Western Europe.

Sell -
Investor

Battery Ventures

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1983
PE ASSETS 13.0B USD
Size Mega
Type Sector Focused
DESCRIPTION

Battery Ventures is a private investment firm focused on opportunities in the technology and related-sectors. Battery will invest at all company stages, from seed and early-stage capital situations to leveraged buyouts, PIPEs, spin outs, rollups and take-privates of established companies. Battery's private equity group focuses on investments in companies with revenue of $5 to $200 million and EBITDA up to $25 million. Battery can commit up to $100 million in equity per transaction. Specific areas of interest include software; IT services and outsourcing; communications components, systems, and services; and financial services and tech-enabled businesses. Battery will consider investments throughout North America, Europe, and Asia. Battery Ventures was formed in 1983 and is headquartered in Menlo Park, California.


Deal Context for Investor #
Overall 2 of 118
Sector: Information Technology 1 of 22
Type: Growth Capital 1 of 37
Country: United Kingdom 1 of 14
Year: 2000 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-07-01 MetroPCS Communications

Richardson, Texas, United States

MetroPCS Communications, Inc. is a provider of wireless communications services in several metropolitan areas of the US, including SanFrancisco, Miami and Atlanta. MetroPCS offers simple, flat-rate calling plans that provide unlimited usage within a local calling area with no long-term contracts.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2003-03-01 Nova Holdings

Woburn, Massachusetts, United States

Nova Holdings, LLC, the parent company of Nova Analytics Coporation and Nova Technologies Corporation, is a worldwide leading supplier of electrochemical measurements, flow analysis products and services for the environmental and industrial markets.

Buy -