M&A Deal Summary |
|
|---|---|
| Date | 2006-10-15 |
| Target | Open Solutions |
| Sector | Software |
| Buyer(s) |
The Carlyle Group
Providence Equity Partners Vector Capital |
| Deal Type | Going Private |
| Deal Value | 1.3B USD |
| Advisor(s) | Wells Fargo Securities Wachovia Securities (Financial) Simpson Thacher & Bartlett (Legal) |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1987 |
| PE ASSETS | 435.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
The Carlyle Group is a global investment firm that pursues private equity, credit, and real estate investments worldwide. Carlyle's private equity practice practice pursues buyouts, strategic minority equity investments, equity private placements, consolidations and buildups, and growth capital financings. With offices in 19 countries, Carlyle can easily target opportunities throughout North America, Europe, Asia, Australia, the Middle East/North Africa and Latin America. Broad sectors of interest include aerospace, defense, automotive and transportation, consumer, retail, energy and power, financial services, healthcare, industrial, infrastructure, technology services, business services, telecommunications and media. The Carlyle Group was formed in 1987 and is based in Washington DC.
| DEAL STATS | # |
|---|---|
| Overall | 252 of 749 |
| Sector: Software M&A | 21 of 57 |
| Type: Going Private M&A Deals | 6 of 36 |
| State: Connecticut M&A | 4 of 7 |
| Country: United States M&A | 152 of 350 |
| Year: 2006 M&A | 43 of 51 |
| Size (of disclosed) | 51 of 137 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2006-10-08 |
Hyundai Communications & Network
Seoul, South Korea Hyundai Communications & Network offers digital media construction services that provides contents, including information, entertainment, and advertisements through LEDs installed in public and commercial spaces. Hyundai HCN was founded in 1995 and is based in Seoul, South Korea. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2006-10-30 |
Rhythm NewMedia
Mountain View, California, United States Rhythm NewMedia, Inc. is a company enabling ad-supported mobile media, end-to-end. Rhythm’s solution is designed to support advertising on mobile video, WAP/HTML, mobile search, and mobile messaging. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1989 |
| PE ASSETS | 36.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
Providence Equity Partners is a specialist private equity firm that targets investments in media, entertainment, communications, and information companies. Specifically, Providence seeks investments in wireless and wireline telephony, cable television content and distribution, music, film, publishing, radio and television broadcasting, and other media and communications sectors. Providence Equity looks to commit $150 million to $800 million of equity capital in transactions ranging from growth financings and recapitalizations, to buyouts and take-privates. Providence Equity Partners was formed in 1989 and has offices in Providence, Rhode Island; New York, New York; Los Angeles, California; London, United Kingdom; Hong Kong, China; and New Delhi, India.
| DEAL STATS | # |
|---|---|
| Overall | 38 of 137 |
| Sector: Software M&A | 2 of 16 |
| Type: Going Private M&A Deals | 4 of 12 |
| State: Connecticut M&A | 2 of 2 |
| Country: United States M&A | 24 of 86 |
| Year: 2006 M&A | 7 of 7 |
| Size (of disclosed) | 17 of 34 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2006-09-01 |
Casema NV
The Hague, Netherlands Casema NV is a provider of analogue TV, digital TV and broadband Internet access to its residential customers, and leased line data communications and voice telephony to its business customers. |
Sell | €2.1B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2006-12-14 |
ProSiebenSat.1 Media
Unterfohring, Germany ProSiebenSat.1 Media is a media company that operates 27 TV channels in 10 countries. The entertainment segment operates free TV stations, such as SAT.1, prosieben, kabel eins, sixx, SAT.1 gold, prosieben MAXX, and kabel eins doku, as well as distributes prosiebenSat.1 HD stations. ProSiebenSat.1 Media was founded in 1984 and is based in Unterfohring, Germany. |
Sell | $3.9B |
| Category | Private Equity Firm |
|---|---|
| Founded | 1997 |
| PE ASSETS | 4.0B USD |
| Size | Large |
| Type | Sector Focused |
Vector Capital is a private equity firm specializing in spinouts, buyouts and recapitalizations of established technology businesses. Vector targets both public and private company investments. Prospective businesses typically have strong customer bases, high gross margins, and at least $30 million in sales. Vector Capital was formed in 1997, after spinning out from Ziff Brothers Investments. The Firm is based in San Francisco, California.
| DEAL STATS | # |
|---|---|
| Overall | 9 of 52 |
| Sector: Software M&A | 6 of 16 |
| Type: Going Private M&A Deals | 4 of 16 |
| State: Connecticut M&A | 2 of 3 |
| Country: United States M&A | 8 of 43 |
| Year: 2006 M&A | 2 of 2 |
| Size (of disclosed) | 4 of 18 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2006-08-17 |
WatchGuard
Seattle, Washington, United States WatchGuard provides network security. The company’s Firebox X family of upgradeable appliances delivers the performance, functionality and security strength to meet the needs of small and medium sized organizations. All WatchGuard products include a LiveSecurity Service subscription for vulnerability alerts, software updates, expert security instruction, as well as individualized and self-help customer care. WatchGuard was founded in 1996 and is based in Seattle, Washington. |
Buy | $151M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-03-06 |
SafeNet
Belcamp, Maryland, United States SafeNet is a digital information security company. SafeNet protect, control the access to, and manage most sensitive data and high value software applications. |
Buy | $634M |