ABRY to Take Majority of Datapipe
Posted on: March 1, 2013 by Luisa BeltranNo Comments »
ABRY Partners looks like it’s boosting in stake in Datapipe and will have a majority of the data center provider.
Posted on: March 1, 2013 by Luisa BeltranNo Comments »
ABRY Partners looks like it’s boosting in stake in Datapipe and will have a majority of the data center provider.
Posted on: January 15, 2013 by gregrothNo Comments »
The pace of new private equity and alternative investments at the Florida State Board of Administration is likely to reach about $6 billion in fiscal 2012-2013, as Florida’s primary $126 billion pension fund gradually ramps up its allocations to so-called strategic investments from zero to 11 percent of the portfolio…
Posted on: December 11, 2012 by asormaniNo Comments »
ABRY Partners has acquired Basefarm AS, a provider of managed hosting services with operations spanning Norway, Sweden and the Netherlands. International consulting firm BroadGroup conducted the commercial due diligence for ABRY Partners.
Posted on: December 3, 2012 by Luisa BeltranNo Comments »
Confie Seguros, which is backed by ABRY Partners, has acquired four regional insurance brokerages in Florida and Nevada. The buys include Maurisset Insurance, CNS Insurance Services, and Briar Bay Insurance, as well as Got Insurance of Las Vegas, N.V. Financial terms were not announced.
Posted on: December 3, 2012 by asormaniNo Comments »
Nexstar Broadcasting Group has announced the pricing of the previously announced sale by selling stockholders, funds affiliated with ABRY Partners of 8 million shares of the company’s Class A common stock at $9.25 per share. The offering consists entirely of secondary shares to be sold by the selling stockholders.
Posted on: November 30, 2012 by Kirk FalconerNo Comments »
(Reuters) Montreal-based Cogeco Cable Inc. announced that it has completed the acquisition of Atlantic Broadband from ABRY Partners which was announced on July 18, 2012. Formed in 2003, Atlantic Broadband operates cable systems in Western Pennsylvania, Southern Florida, Maryland, Delaware and South Carolina.
Posted on: November 28, 2012 by asormaniNo Comments »
Nexstar Broadcasting Group selling stockholders, funds affiliated with ABRY Partners intend to offer for sale in an underwritten offering 8.0 million shares of Class A common stock of the company. In addition, the selling stockholders have granted the underwriters a 30-day option to purchase up to an additional 1.2 million shares of Class A common stock on the same terms and conditions.
Posted on: November 26, 2012 by asormaniNo Comments »
Europe-based managed service provider Claranet has acquired Star, a UK provider of managed technology services. The deal is valued at 55 million pounds ($88 million). The Royal Bank of Scotland, Ares Capital Europe and a minority investment by Abry Partners financed the acquisition.
Posted on: November 9, 2012 by Luisa BeltranNo Comments »
As expected, ABRY Partners has acquired Confie Seguros. Boston-based ABRY Partners is buying the majority stake held by Genstar Capital. Financial terms of the transaction, which closed Nov. 9, weren’t announced. RBC Capital Markets and GE Capital provided debt financing.
Posted on: October 15, 2012 by Luisa BeltranNo Comments »
Genstar Capital has put Confie Seguros on the block, three sources say. New York.-based Confie Seguros–which means “trusted insurance advisor”– is an insurance broker that targets Hispanic consumers. Confie produces more than $50 million EBITDA and is seeking bids of 10x, one private equity exec says.