M&A Deal Summary

Thomson Broadcast Acquires GatesAir

On April 23, 2022, Thomson Broadcast acquired communications company GatesAir from The Gores Group

Acquisition Highlights
  • This is Thomson Broadcast’s 1st transaction in the Communications sector.
  • This is Thomson Broadcast’s 1st transaction in the United States.
  • This is Thomson Broadcast’s 1st transaction in Ohio.

M&A Deal Summary
Date 2022-04-23
Target GatesAir
Sector Communications
Buyer(s) Thomson Broadcast
Sellers(s) The Gores Group
Deal Type Add-on Acquisition

Target

GatesAir

Mason, Ohio, United States
GatesAir provides complete solutions for over-the-air radio and television broadcasting, leveraging wireless spectrum to maximize performance for multichannel, mission-critical services. Powering over-the-air networks worldwide with unparalleled reliability for 100 years, the company's turnkey solutions enable broadcasters to create, transport, and transmit radio and TV content. With customers in more than 185 countries, it leads the industry in innovation and design breakthroughs, improving efficiency and reducing the total cost of ownership with all products designed and assembled in the USA. GatesAir was formed in 1922 and is based in Mason, Ohio.

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Buyer(S) 1

Buyer

Thomson Broadcast

Colombes, France
Category Company
Founded 1918
Sector Communications
DESCRIPTION

Thomson Broadcast has deployed more than 50,000 pieces of equipment in more than 170 countries, actively participating in the evolution of television and radio transmission. Through the development of the Pulse Step Modulation (PSM) in Radio and the creation of the automatic Digital Adaptive Pre-Correction (DAP), It has largely contributed to shaping the transmission market in both TV and radio. All these have led to the success of winning multiple awards and gaining more than 50 patents in technologies that have become fundamental to the broadcast industry. Thomson Broadcast was formed in 1918 and is based in Colombes, France.

DEAL STATS #
Overall 1 of 1
Sector (Communications) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Ohio) 1 of 1
Country (United States) 1 of 1
Year (2022) 1 of 1

Seller(S) 1

SELLER

The Gores Group

Beverly Hills, California, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1987
PE ASSETS 4.0B USD
Size Large
Type Sector Agnostic
DESCRIPTION
The Gores Group's headquarters in Beverly Hills, California.
The Gores Group's headquarters in Beverly Hills, California.

The Gores Group is a private equity firm focused on acquiring controlling interests in mature and growing businesses. Gores considers investments across Europe and North America and typically seeks non-core assets of public corporations. While Gores is a generalist investor, the firm has a particular interest in technology, telecommunications, business services, and industrial companies. The Gores Group was formed in 1987 and has offices in Beverly Hills, California, and Boulder, Colorado.

DEAL STATS #
Overall 63 of 66
Sector (Communications) 11 of 11
Type (Add-on Acquisition) 30 of 30
State (Ohio) 3 of 3
Country (United States) 49 of 52
Year (2022) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-11 VITAC

Canonsburg, Pennsylvania, United States

VITAC is a provider of closed captioning and other accessible media services. VITAC provides live and prerecorded captioning solutions in English and Spanish, video description, and digital media services for broadcast networks, cable TV, online video, and teleconferences worldwide. VITAC was founded in 1986 and is based in Canonsburg, Pennsylvania.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-12-14 AMI

Bristol, Pennsylvania, United States

AMI is a developer, manufacturer, and marketer of touchscreen countertop entertainment systems and software. The company’s proprietary touchscreen systems contain a “jukebox” of interactive games centered on trivia, strategy, cards, and sports/action categories. AMI was founded in 1977 and is based in Bristol, Pennsylvania.

Sell -
Mergr

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