M&A Deal Summary

Venyu Solutions Acquires AmeriVault

On April 6, 2009, Venyu Solutions acquired information technology company AmeriVault from Alta Equity Partners

Acquisition Highlights
  • This is Venyu Solutions’ 1st transaction in the Information Technology sector.
  • This is Venyu Solutions’ 1st transaction in the United States.
  • This is Venyu Solutions’ 1st transaction in Louisiana.

M&A Deal Summary
Date 2009-04-06
Target AmeriVault
Sector Information Technology
Buyer(s) Venyu Solutions
Sellers(s) Alta Equity Partners
Deal Type Add-on Acquisition

Target

AmeriVault

Baton Rouge, Louisiana, United States
AmeriVault provides online data backup services to companies worldwide. AmeriVault offers highly reliable, automated backup and recovery services that assure fast and accurate restoration following data loss or destruction. As a result, AmeriVault's technology-driven solution delivers an entirely new business model for the traditional offsite data storage and protection industry.

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Buyer(S) 1

Buyer

Venyu Solutions

Baton Rouge, Louisiana, United States
Category Company
Founded 1989
Sector Information Technology
DESCRIPTION

Venyu Solutions is a provider of data protection, recovery, and availability services tailored to support the recovery objectives and service levels companies require to stay competitive. Venyu’s progressive portfolio includes online data backup, physical and virtualized recovery solutions, managed hosting, SaaS, and co-location services. Venyu is backed by geographically-diverse, Tier IV datacenters, highly-qualified technicians, and iron-clad security controls. Venyu Solutions was founded in 1989 and is based in Baton Rouge, Louisiana.

DEAL STATS #
Overall 1 of 1
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Louisiana) 1 of 1
Country (United States) 1 of 1
Year (2009) 1 of 1

Seller(S) 1

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 36 of 45
Sector (Information Technology) 1 of 2
Type (Add-on Acquisition) 31 of 36
State (Louisiana) 3 of 3
Country (United States) 34 of 43
Year (2009) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-02-11 Mr. Youth

New York, New York, United States

Mr. Youth is a social marketing company as the antidote to consumer burnout with traditional media. Mr Youth works with some of America's brands, including Nike, Macy's, Microsoft, Staples and T-Mobile to engage their consumers using the modern media mix of word-of-mouth, social interactive and experiential marketing.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-08-24 Bluewater Broadcasting

Montgomery, Alabama, United States

Bluewater Broadcasting Co. LLC is a broadcasting company formed by Scott McQueen, Rick Peters, and its radio broadcasts offer pop tunes, news, and updates. Alta Communications to consolidate small market radio stations in the southeastern United States. Bluewater Broadcasting was founded in 1995 and is based in Montgomery, Alabama.

Sell -
Mergr

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