M&A Deal Summary |
|
|---|---|
| Date | 2010-12-01 |
| Target | Hosted Solutions |
| Sector | Information Technology |
| Buyer(s) | Windstream |
| Sellers(s) | ABRY Partners |
| Deal Type | Add-on Acquisition |
| Deal Value | 310M USD |
| Advisor(s) | Citizens Digital Infrastructure M&A Advisory (Financial) Kirkland & Ellis (Legal) |
SEARCH BY
Try For Free 7-Day Free Trial
| Category | Company |
|---|---|
| Founded | 2006 |
| Sector | Communications |
| Employees | 11,080 |
| Revenue | 5.1B USD (2019) |
Windstream is a provider of advanced network communications, including cloud computing and managed services, to businesses nationwide. The company also offers broadband, phone and digital TV services to consumers primarily in rural areas. Windstream was founded in 2006 and is based in Little Rock, Arkansas.
| DEAL STATS | # |
|---|---|
| Overall | 8 of 14 |
| Sector (Information Technology) | 1 of 1 |
| Type (Add-on Acquisition) | 8 of 13 |
| State (North Carolina) | 3 of 3 |
| Country (United States) | 8 of 14 |
| Year (2010) | 2 of 3 |
| Size (of disclosed) | 8 of 11 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2010-06-01 |
Iowa Telecommunications
Newton, Iowa, United States Iowa Telecommunications, Inc. - is the second largest local exchange carrier in the state of Iowa and the fifteenth largest local exchange carrier in the nation. The Company provides local exchange, exchange access and intraLATA toll telecommunications services to end-users and exchange access services to interexchange carriers and other LECs. |
Buy | $1.2B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2010-12-02 |
Q-Comm
Evansville, Indiana, United States Q-Comm Corp. is a provider of long haul and metro lit fiber services to a diverse base of bandwidth intensive customers, including wireline carriers, wireless carriers, and the large enterprise, government, education and medical markets. |
Buy | $818M |
| Category | Private Equity Firm |
|---|---|
| Founded | 1989 |
| PE ASSETS | 12.8B USD |
| Size | Mega |
| Type | Sector Focused |
ABRY Partners is a media and communications focused private equity investment firm. Specific areas of interest include television, publishing, convention/trade shows, for-profit training, couponing, monitoring services, telephone companies, communications towers, music libraries, database providers, wireless communications, and in-store advertisers. ABRY can provide both equity and mezzanine capital, typically committing $20 to $200 million of equity or $15 to $50 million of mezzanine capital per transaction. Prospective transaction situations include buyouts, expansion financings, platform acquisitions, consolidations, and recapitalizations. ABRY Partners was formed in 1989 and is headquartered in Boston, Massachusetts.
| DEAL STATS | # |
|---|---|
| Overall | 24 of 103 |
| Sector (Information Technology) | 4 of 24 |
| Type (Add-on Acquisition) | 12 of 53 |
| State (North Carolina) | 2 of 3 |
| Country (United States) | 24 of 88 |
| Year (2010) | 7 of 8 |
| Size (of disclosed) | 21 of 29 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2010-11-02 |
Magnit
Folsom, California, United States Magnit is a provider of contingent workforce management solutions through a managed services program (“MSP”) and cloud-based vendor management software (“VMS”). Magnit was founded in 1991 and is based in Folsom, California. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2010-12-17 |
Monitronics International
Dallas, Texas, United States Monitronics International, Inc. is a provider of security monitoring services for residential and business customers. |
Sell | $1.2B |
