M&A Deal Summary |
|
|---|---|
| Date | 2012-07-26 |
| Target | Hughes Telematics |
| Sector | Technology Hardware |
| Buyer(s) | Verizon Communications |
| Sellers(s) | Granite Creek Partners |
| Deal Type | Add-on Acquisition |
| Deal Value | 612M USD |
| Advisor(s) | Barclays Investment Bank Moelis & Co. (Financial) Skadden, Arps, Slate, Meagher & Flom (Legal) |
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| Category | Company |
|---|---|
| Founded | 1983 |
| Sector | Communications |
| Employees | 130,100 |
| Revenue | 136.8B USD (2022) |
Verizon Communications is a provider of communications, information, and entertainment products and services to consumers, businesses and governmental agencies. Verizon offers voice, data and video services and solutions on wireless and wireline networks that are designed to meet customers’ demand for mobility, network connectivity, security and control. Verizon dates back to 1983 and is based in New York City. Verizon Communications was founded in 1983 and is based in New York, New York.
| DEAL STATS | # |
|---|---|
| Overall | 9 of 34 |
| Sector (Technology Hardware) | 1 of 2 |
| Type (Add-on Acquisition) | 7 of 28 |
| State (Georgia) | 1 of 1 |
| Country (United States) | 9 of 32 |
| Year (2012) | 1 of 1 |
| Size (of disclosed) | 11 of 15 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2011-08-25 |
CloudSwitch
Burlington, Massachusetts, United States CloudSwitch delivers the enterprise gateway to the cloud. CloudSwitch's innovative software appliance enables enterprises to run their applications in the right cloud computing environment-securely, simply and without changes. With CloudSwitch, applications remain tightly integrated with enterprise data center tools and policies, and can be moved easily between different cloud environments and back into the data center based on the requirements of the business. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-12-09 |
EdgeCast
Los Angeles, California, United States EdgeCast helps companies meet the ever-growing expectations of their customers. Edgecast's set of solutions across content delivery, cloud security, and video streaming, combined with a team of customer-oriented domain experts, streamlines operations and improves efficiencies, so businesses can redirect their energy into creating value for their customers not managing multiple vendors and workflows. EdgeCast was founded in 2006 and is based in Los Angeles, California. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2005 |
| PE ASSETS | 400M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
Granite Creek Partners is a Midwest US-based private equity firm focused on acquiring and investing in mid-sized companies operating in the manufacturing, distribution, business services, healthcare, and food sectors. The Firm looks to commit $7 to $25 million per transaction and can invest across the capital structure, including control/minority equity, mezzanine debt, senior secured debt, and debtor-in-possession loans. Granite Creek Partners was formed in 2005 and is based in Chicago.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 10 |
| Sector (Technology Hardware) | 1 of 1 |
| Type (Add-on Acquisition) | 1 of 5 |
| State (Georgia) | 1 of 1 |
| Country (United States) | 3 of 9 |
| Year (2012) | 1 of 1 |
| Size (of disclosed) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-01-01 |
Fermented Nutrition
Luxemburg, Wisconsin, United States Fermented Nutrition is a processor of whey proteins specializing in the production of whey protein concentrate as well as a proprietary feed for dairy and beef cattle called Lacto-Whey®. The company also distributes other specialty feed products to local dairy farmers. Fermented Nutrition was founded in 1973 by seven cheese-making families and has prospered as the global demand for protein surges and dairymen across the country recognize the value of Lacto-Whey® in their rations. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-12-01 |
The Chia
Port Melbourne, Australia The Chia Company is a marketer and distributor of chia seeds worldwide. Chia is the highest plant-based source of Omega 3, fiber and protein. The Chia Company, through exclusive grower relationships and years of agronomical work, supplies global food manufacturers such as Kellogg's and PepsiCo, as well as produces its own brand of chia products stocked in national retailers such as Whole Foods Markets. Founded in Australia in 2003, The Chia Company is based in New York. |
Buy | - |
