M&A Deal Summary

World Access Acquires Long Distance International

On February 14, 2000, World Access acquired communications company Long Distance International from Advent International

Acquisition Highlights
  • This is World Access’ 1st transaction in the Communications sector.
  • This is World Access’ 1st transaction in the United States.
  • This is World Access’ 1st transaction in Florida.

M&A Deal Summary

Date 2000-02-14
Target Long Distance International
Sector Communications
Buyer(s) World Access
Sellers(s) Advent International
Deal Type Add-on Acquisition

Target

Long Distance International

Fort Lauderdale, Florida, United States
LDI currently provides telecom services.

Search 214,503 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

World Access

Atlanta, Georgia, United States

Category Company
Sector Communications
DESCRIPTION

World Access, Inc. is a marketer and provider of long-distance telephone services.


DEAL STATS #
Overall 1 of 1
Sector: Communications M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Florida M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2000 M&A 1 of 1

Seller(S) 1

SELLER

Advent International

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1984
PE ASSETS 91.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Advent is a global private equity firm that targets investments in North America, Europe, Asia, and Latin America. Advent's emerging market efforts are concentrated in Central Europe and Latin America. Advent seeks transactions valued between $50 million and $5 billion and can commit up to $2 billion of equity capital per investment. Broad areas of interest include business & financial services, retail & consumer, technology, media, & telecoms, healthcare & life sciences, and industrial. Prospective transaction types include buyouts, growth capital financings, take privates, and recapitalizations. Advent was formed in 1984 and is based in Boston, Massachusetts.


DEAL STATS #
Overall 25 of 233
Sector: Communications M&A 5 of 16
Type: Add-on Acquisition M&A Deals 12 of 87
State: Florida M&A 2 of 7
Country: United States M&A 13 of 84
Year: 2000 M&A 2 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-01-31 Interleaf

Waltham, Massachusetts, United States

Interleaf, Inc. is a enterprise software for content management and high-end publishing.

Sell $851M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2000-03-01 Cybercity A/S

Copenhagen, Denmark

Broadband Internet and data services provider

Buy -