Investment Summary

Winnick & Company Exits Global Crossing

On January 22, 2004, invested in communications company Global Crossing from Winnick & Company

Investment Highlights
  • This is transaction in the Communications sector.
  • This is transaction in Bermuda.
Investment Fate
  • Global Crossing was sold to a strategic buyer in 2011 for 3.0B USD.

Investment Summary

Date 2004-01-22
Target Global Crossing
Sector Communications
Sellers(s) Winnick & Company
Deal Type IPO

Target

Global Crossing

Hamilton, Bermuda
Global Crossing is a global IP, Ethernet, data center and video solutions provider with the world's first integrated global IP-based network. The company offers a full range of data, voice, collaboration, broadcast and media services delivered with superior customer service. Global Crossing provides services to enterprises; government departments and agencies; and 700 carriers, mobile operators and ISPs. It delivers converged IP services to more than 700 cities in more than 70 countries, and has 17 world-class data centers in major business centers around the globe.

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

Seller(S) 1

SELLER

Winnick & Company

Beverly Hills, California, United States

Category Private Equity Firm
Founded 1985
Size Small
Type Sector Agnostic
DESCRIPTION

Winnick & Company is an investment vehicle for Gary Winnick - former CEO of Global Crossing. The Firm looks to provide capital and expertise to entrepreneurs and early-stage companies in a broad range of sectors, including technology, software, financial services, media, telecommunications, healthcare, and real estate. Winnick & Company was founded in 1985 and is based in Beverly Hills, California.


DEAL STATS #
Overall 1 of 1
Sector: Communications M&A 1 of 1
Type: IPO M&A Deals 1 of 1
Country: Bermuda M&A 1 of 1
Year: 2004 M&A 1 of 1