Spectrum Equity
Private | |
Industry | Private Equity, Growth Equity |
Founded | 1994 |
Headquarters | Boston, Massachusetts, U.S San Francisco, California, U.S |
Products | Growth capital, Recapitalizations |
Total assets | $5.7 billion |
Website | www.spectrumequity.com |
Spectrum Equity is an American growth equity firm that invests in businesses related to the information economy. The company operates out of offices in Boston, MA and San Francisco, CA.[1] The company focuses on Software & Information Services; Internet & Digital Media; and Communications, Media & Entertainment, and typical equity investments range from $25 – $100 million.
History
Founded in 1993 by Brion Applegate and William Collatos, Spectrum Equity raised its first fund in May 1994. Applegate had been a general partner of funds managed by Burr, Egan, Deleage, & Co.[2] Collatos began his private equity career at TA Associates where he was a general partner before leaving to become a founding general partner of its spin-off, Media Communications Partners.[3] Spectrum Equity has raised seven private equity funds since its founding, totaling $5.7billion of capital.
Investments
Since its founding Spectrum Equity has invested in over 120 companies, including:
Software & Information Services:[4]
- Arrowhead General Insurance Agency (acquired by Brown & Brown)[5]
- Business Monitor International[6]
- Finalsite[7]
- Geneva Technology Limited (acquired by Convergys)[8]
- HealthMEDX[9]
- H.O. Systems (acquired by VeriSign)[10]
- Illuminet Holdings (acquired by VeriSign)[11]
- Interbank FX (acquired by TradeStation/Monex Group)[12]
- iPay Technologies (acquired by Jack Henry & Associates)[13]
- ITA Software (acquired by Google)[14]
- Mortgagebot (acquired by Davis + Henderson)[15]
- NetScreen Technologies (acquired by Juniper Networks)[16]
- Net Health Systems[17]
- Passport Health Communications[18]
- Pictometry International/EagleView[19][20]
- QTC (acquired by Lockheed Martin)[21]
- RiskMetrics Group (acquired by MSCI)[22]
- Seisint (acquired by LexisNexis)[23]
- Trintech[24]
- World-Check (acquired by Thomson Reuters)[25]
- ExactBid (soon to be acquired) [26]
Internet & Digital Media:[4]
- Ancestry.com[27]
- Animoto[28]
- Demand Media[29]
- iSelect Ltd.[30]
- Jagex[31]
- Lynda.com[32]
- NetQuote (acquired by Bankrate)[33]
- SeamlessWeb[34]
- SurveyMonkey[35]
- WeddingWire[36]
Communication, Media & Entertainment:[4]
- AMC Entertainment (acquired by Dalian Wanda Group)[37]
- American Tower Corporation
- Apex Site Management (acquired by Spectrasite Communications)[38]
- Apprise Media (acquired by United Business Media)
- Bug Music (acquired by BMG Rights Management)[39]
- CBD Media (acquired by Local Insight Media)[40]
- Cellular One (acquired by AT&T Wireless)
- Chartered Business Services (acquired by Intersections)[41]
- Choice Cable[42]
- Classic Media (acquired by Entertainment Rights)[43][44]
- Consolidated Communications
- Eutelsat (acquired by Abertis Telecom)[45]
- Golden Sky Holdings (acquired by Pegasus Communications)
- Internet Network Services (acquired by Cable & Wireless Worldwide)
- ITXC (acquired by Teleglobe)
- Jazztel
- NEP Broadcasting (acquired by American Securities)[46]
- Patriot Media (acquired by Comcast)[47]
- RCN Cable[48]
- Sidera Networks (acquired by Lightower Fiber Networks)[49]
References
- ↑ http://www.spectrumequity.com/contact
- ↑ http://www.spectrumequity.com/team/investment-professionals-by-position/position?id=1092
- ↑ http://www.spectrumequity.com/team/investment-professionals-by-position/position?id=1093
- 1 2 3 http://www.spectrumequity.com/investments
- ↑ http://www.insurancejournal.com/news/west/2011/12/16/227829.htm
- ↑ http://www.spectrumequity.com/news/press-releases/press-release/?Id=1363
- ↑ http://www.businesswire.com/news/home/20120628005412/en/finalsite-Announces-Investment-Spectrum-Equity
- ↑ http://www.billingworld.com/articles/2001/05/financial-watch-convergys-brings-geneva-into-the.aspx
- ↑ http://www.healthmedx.com/company/news/11-12-14/Spectrum_Equity_Investors_and_Trident_Capital_Announce_Acquisition_of_HealthMEDX.aspx
- ↑ http://www.prnewswire.com/news-releases/verisign-completes-acquisition-of-ho-systems-75899432.html
- ↑ http://news.cnet.com/VeriSign-to-buy-Illuminet-for-1.2-billion/2100-1033_3-273376.html
- ↑ http://www.tradestation.com/about-us/press-and-news/current/2011-11-16
- ↑ http://www.prnewswire.com/news-releases-test/jack-henry--associates-to-acquire-ipay-technologies-93060994.html
- ↑ http://www.google.com/press/ita/
- ↑ https://www.reuters.com/article/2011/03/24/idUS243301+24-Mar-2011+MW20110324
- ↑ http://www.networkworld.com/edge/news/2004/0209juniscreen.html
- ↑ http://www.woundexpert.com/about/spectrum_net_health_press_release.asp
- ↑ http://www.spectrumequity.com/news/press-releases/press-release/?Id=1376
- ↑ http://www.rbj.net/print_article.asp?aID=187477
- ↑ http://www.geekwire.com/2013/aerial-merger-pictometry-eagleview-combine-create-100m-company/
- ↑ http://www.lockheedmartin.com/us/news/press-releases/2011/september/qtc-acquisition.html
- ↑ https://dealbook.nytimes.com/2010/03/01/msci-buys-riskmetrics-for-1-55-billion/
- ↑ http://www.washingtonpost.com/wp-dyn/articles/A50577-2004Jul14.html
- ↑ http://globenewswire.com/news-release/2011/01/04/437088/210240/en/Trintech-Group-Plc-Announces-That-the-Acquisition-of-the-Company-by-Spectrum-Equity-Investors-is-Now-Effective.html
- ↑ https://www.reuters.com/article/2011/05/16/idUS239556+16-May-2011+PRN20110516
- ↑ https://www.reuters.com/article/2014/12/18/exactbidma-spectrum-equity-idUSL1N0U13KO20141218
- ↑ http://online.wsj.com/article/SB10001424052970203406404578071390645955994.html
- ↑ http://www.prnewswire.com/news-releases/animoto-completes-25-million-financing-led-by-spectrum-equity-investors-124701038.html
- ↑ http://www.pehub.com/79256/demand-media-files-for-ipo/
- ↑ http://www.iselect.com.au/about-iselect/media/media_release.jsp
- ↑ https://finance.yahoo.com/news/Jagex-Limited-Receives-Growth-iw-741988616.html
- ↑ http://allthingsd.com/20130115/lynda-com-raises-a-whopping-103m-in-first-outside-funding-for-video-lessons/
- ↑ http://blog.leadcritic.com/company-news/bankrate-company-news/bankrate-inks-netquote-and-creditcard-com-purchase-for-350m
- ↑ http://www.aramark.com/pressroom/pressreleases/aramark-spectrum-seamlessweb.aspx
- ↑ "Why this SurveyMonkey exec left the Bay Area for a fast-growing Seattle startup". geekwire.com. 2016-04-15. Retrieved 2017-01-25.
- ↑ http://www.pehub.com/167211/spectrum-equity-invests-25-mln-weddingwire/
- ↑ http://www.investor.amctheatres.com/releasedetail.cfm?releaseid=675080
- ↑ http://www.wirelessnetworksonline.com/doc/SpectraSite-to-Acquire-Apex-Site-Management-0001
- ↑ http://www.ft.com/cms/s/0/588faad0-dd3c-11e0-b4f2-00144feabdc0.html
- ↑ http://www.prnewswire.com/news-releases/joint-announcement-by-cbd-media-llc-and-local-insight-media-llc-53789882.html
- ↑ http://www.spectrumequity.com/news/press-releases/press-release/?Id=1415
- ↑ http://www.bnamericas.com/news/telecommunications/Spectrum_Equity_Investors_acquires_Choice_Cable_TV
- ↑ http://www.prnewswire.com/news-releases-test/spectrum-equity-investors-takes-majority-stake-in-classic-media-americas-largest-independent-family-entertainment-company-54208397.html
- ↑ http://www.lawdragon.com/images/uploads/pdf/latham_spectrum_121506.pdf
- ↑ http://www.spectrumequity.com/news/press-releases/press-release/?Id=1403
- ↑ http://www.spectrumequity.com/news/press-releases/press-release/?Id=1406
- ↑ http://corporate.comcast.com/news-information/news-feed/comcast-corporation-to-acquire-patriot-media
- ↑ http://www.bizjournals.com/philadelphia/stories/2002/08/26/daily10.html
- ↑ http://www.lightower.com/news/press-releases/lightower-closes-merger-with-sidera-networks-to-form-one-of-the-largest-pure-play-fiber-providers-in-u-s-networking-market/