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 | $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 eight private equity funds since its founding, totaling $7 billion 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]
- Bitly[6]
- Business Monitor International[7]
- Finalsite[8]
- Geneva Technology Limited (acquired by Convergys)[9]
- HealthMEDX[10]
- H.O. Systems (acquired by VeriSign)[11]
- Illuminet Holdings (acquired by VeriSign)[12]
- Interbank FX (acquired by TradeStation/Monex Group)[13]
- iPay Technologies (acquired by Jack Henry & Associates)[14]
- ITA Software (acquired by Google)[15]
- Mortgagebot (acquired by Davis + Henderson)[16]
- NetScreen Technologies (acquired by Juniper Networks)[17]
- Net Health Systems[18]
- Passport Health Communications[19]
- Pictometry International/EagleView[20][21]
- QTC (acquired by Lockheed Martin)[22]
- RiskMetrics Group (acquired by MSCI)[23]
- Seisint (acquired by LexisNexis)[24]
- Trintech[25]
- World-Check (acquired by Thomson Reuters)[26]
- ExactBid (soon to be acquired) [27]
Internet & Digital Media:[4]
- Ancestry.com[28]
- Animoto[29]
- Demand Media[30]
- iSelect Ltd.[31]
- Jagex[32]
- Lynda.com[33]
- NetQuote (acquired by Bankrate)[34]
- SeamlessWeb[35]
- SurveyMonkey[36]
- WeddingWire[37]
Communication, Media & Entertainment:[4]
- AMC Entertainment (acquired by Dalian Wanda Group)[38]
- American Tower Corporation
- Apex Site Management (acquired by Spectrasite Communications)[39]
- Apprise Media (acquired by United Business Media)
- Bug Music (acquired by BMG Rights Management)[40]
- CBD Media (acquired by Local Insight Media)[41]
- Cellular One (acquired by AT&T Wireless)
- Chartered Business Services (acquired by Intersections)[42]
- Choice Cable[43]
- Classic Media (acquired by Entertainment Rights)[44][45]
- Consolidated Communications
- Eutelsat (acquired by Abertis Telecom)[46]
- 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)[47]
- Patriot Media (acquired by Comcast)[48]
- RCN Cable[49]
- Sidera Networks (acquired by Lightower Fiber Networks)[50]
References
- ↑ "Contact - Spectrum Equity". www.spectrumequity.com.
- ↑ "Team - Spectrum Equity". www.spectrumequity.com.
- ↑ "Team - Spectrum Equity". www.spectrumequity.com.
- 1 2 3 "Portfolio - Spectrum Equity". www.spectrumequity.com.
- ↑ "Arrowhead in San Diego to be Acquired by Brown & Brown". 16 December 2011.
- ↑ Ha, Anthony (Jul 12, 2017). "Bitly sells a majority stake to Spectrum Equity for $63M". TechCrunch. Retrieved 2017-10-24.
- ↑ "News - Spectrum Equity". www.spectrumequity.com.
- ↑ "finalsite Announces Investment from Spectrum Equity".
- ↑
- ↑ "Post-Acute Care EHR Software". www.healthmedx.com.
- ↑
- ↑ Larry Dignan. "VeriSign to buy Illuminet for $1.2 billion - CNET". News.cnet.com. Retrieved 2018-08-19.
- ↑
- ↑
- ↑ "Facts about Google's acquisition of ITA Software". www.google.com.
- ↑
- ↑ Duffy, Jim. "Juniper acquires NetScreen".
- ↑ "WoundExpert". WoundExpert. Retrieved 2018-08-19.
- ↑ "Archived copy". Archived from the original on 2013-11-14. Retrieved 2013-05-03.
- ↑
- ↑ "Aerial merger: Pictometry, EagleView combine to create $100M company". 8 January 2013.
- ↑ "Releases".
- ↑ Dealbook. "MSCI Buys RiskMetrics for $1.55 Billion".
- ↑ "LexisNexis To Buy Seisint For $775 Million (TechNews.com)". www.washingtonpost.com.
- ↑ Plc, Trintech Group. "Trintech Group Plc Announces That the Acquisition of the Company by Spectrum Equity Investors is Now Effective".
- ↑
- ↑ Baker, Liana B. "Spectrum Equity to buy real estate software company ExactBid-sources".
- ↑ Dezember, Ryan. "Ancestry.com Sets $1.6 Billion Deal". WSJ.
- ↑ "Animoto Completes $25 Million Financing Led by Spectrum Equity Investors". www.prnewswire.com.
- ↑ "Demand Media Files for IPO - PE Hub". 8 August 2010.
- ↑ "Media Releases – iSelect". www.iselect.com.au.
- ↑ "Jagex Limited Receives Growth Investment from New Investors, Spectrum Equity Investors and the Raine Group, and Returning Investor, Insight Venture Partners".
- ↑ "Lynda.com Raises a Whopping $103M in First Outside Funding for Video Lessons".
- ↑
- ↑ "404 - Aramark". www.aramark.com.
- ↑ "Why this SurveyMonkey exec left the Bay Area for a fast-growing Seattle startup". geekwire.com. 2016-04-15. Retrieved 2017-01-25.
- ↑ "Spectrum Equity Invests $25 Mln in WeddingWire - PE Hub". 25 September 2012.
- ↑ "Archived copy". Archived from the original on 2012-12-21. Retrieved 2013-05-03.
- ↑ "SpectraSite to Acquire Apex Site Management". www.wirelessnetworksonline.com.
- ↑ "Subscribe to read". Financial Times.
- ↑
- ↑ "Archived copy". Archived from the original on 2013-06-30. Retrieved 2013-05-03.
- ↑ "Spectrum Equity Investors acquires Choice Cable TV - BNamericas". 2 January 2008.
- ↑
- ↑
- ↑ "Archived copy". Archived from the original on 2013-06-30. Retrieved 2013-05-03.
- ↑ "Archived copy". Archived from the original on 2013-06-30. Retrieved 2013-05-03.
- ↑ "Comcast Corporation To Acquire Patriot Media". corporate.comcast.com.
- ↑
- ↑