M&A Deal Summary

USA Media Group Acquires Cambridge Communications

On May 17, 1999, USA Media Group acquired communications company Cambridge Communications from Alta Equity Partners and Housatonic Partners

Acquisition Highlights
  • This is USA Media Group’s 2nd transaction in the Communications sector.
  • This is USA Media Group’s 2nd transaction in the United States.

M&A Deal Summary

Date 1999-05-17
Target Cambridge Communications
Sector Communications
Buyer(s) USA Media Group
Sellers(s) Alta Equity Partners
Housatonic Partners
Deal Type Add-on Acquisition

Target

Cambridge Communications

United States
Cambridge Communications was formed in 1996 to acquire the cable television systems of Classic Cable in New Mexico and Washington State.

Search 214,239 Deals Now

SEARCH BY

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

Try Free

Buyer(S) 1

Buyer

USA Media Group

Reno, Nevada, United States

Category Company
Founded 1998
Sector Media
DESCRIPTION

USA Media Group, LLC owns and operates cable television systems in western and southwestern United States.


DEAL STATS #
Overall 2 of 2
Sector: Communications M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
Country: United States M&A 2 of 2
Year: 1999 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1998-10-01 WestStar Communications

Bishop, California, United States

WestStar Communications owned and operated cable television systems in California. Alta Communications invested in WestStar as part of a refinancing to provide liquidity and acquire cable systems.

Buy -

Seller(S) 2

SELLER

Alta Equity Partners

Concord, Massachusetts, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1989
Size Small
Type Sector Agnostic
DESCRIPTION

Alta Equity Partners is a private equity firm focused on acquiring lower middle-market, US-based companies. The Firm is a generalist investor but targets companies exhibiting recurring revenue business models, low capital intensity, proven management, and opportunities for growth. Prospective transaction situations of interest include recapitalizations, management buyouts, divestitures, and special situations. Alta Equity Partners was formerly known as Alta Communications. Alta Communications was formed in 1989 and the Firm changed its name to Alta Equity Partners in 2010. Alta Equity Partners is based in Concord, Massachusetts.


DEAL STATS #
Overall 11 of 45
Sector: Communications M&A 7 of 20
Type: Add-on Acquisition M&A Deals 9 of 36
Country: United States M&A 10 of 43
Year: 1999 M&A 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1999-05-06 Urban One

Silver Spring, Maryland, United States

Urban One is a radio broadcasting company that operates urban-formatted radio stations in major markets in the United States. Urban One was founded in 1980 and is based in Silver Spring, Maryland.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1999-07-19 Telephia

San Francisco, California, United States

Telephia, Inc., is a provider of syndicated consumer research to the telecom and mobile media markets.

Buy -
SELLER

Housatonic Partners

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1994
PE ASSETS 1.5B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Housatonic Partners is a private equity firm focused on investing in growing, profitable companies with a preference for businesses generating recurring revenues. Target sectors include services, media, and communications. Housatonic looks to commit $10 to $30 million per transaction to support buyouts and recapitalizations. Prospective companies generally have high gross margins and moderate capital intensity. Housatonic was formed in 1994 and has offices in Boston, Massachusetts and San Francisco, California.


DEAL STATS #
Overall 2 of 44
Sector: Communications M&A 1 of 5
Type: Add-on Acquisition M&A Deals 1 of 20
Country: United States M&A 2 of 42
Year: 1999 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1999-04-01 First American Records Management

Santa Barbara, California, United States

FARM is the leading provider of records storage and management services to Silicon Valley firms.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1999-08-01 TELAV

Dallas, Texas, United States

AVW-TELAV supports the power of face-to-face marketing by providing full-service audio visual rental resources for corporate events, exhibit programs, trade shows and conventions of all sizes. But AVW-TELAV is much more than an AV rental company; think of us as a technologically-innovative, equipment-savvy extension of your business– better yet, an invested presentation partner because your success is our success

Buy -