Subscribe to PCE Communications
    Choose Your Subscription

    IT & Telecom Q1 2020

    Q1 2020 IT Telecom

    Largest Transactions Closed

    • Target
    • Buyer
    • Value($mm)
      • Zayo Group Holdings, Inc.
      • EQT Partners AB; Digital Colony Management, LLC; Devonshire Investors, LLC
      • $14,438.24
      • Honey Science Corporation
      • PayPal Holdings, Inc.
      • $4,000.00
      • Cision Ltd.
      • MJ23 UK Acquisitions Limited
      • $2,877.74
      • AECOM Management Services, Inc.
      • American Securities, LLC; Lindsay Goldberg, LLC
      • $2,405.00
      • Instructure, Inc.
      • Thoma Bravo, LLC
      • $2,068.24
      • Armis, Inc.
      • Insight Venture Management, LLC; CapitalG Management Company, LLC
      • $1,100.00
      • AVX Corporation
      • Kyocera Corporation
      • $1,046.11
      • Shape Security, Inc.
      • F5 Networks, Inc.
      • $1,028.00
      • Software Solutions Business of Pitney Bowes, Inc.
      • Starfish Parent, LP
      • $700.00
      • Care.com, Inc.
      • IAC/Interactive Corp
      • $654.78

     

    Source S&P Capital IQ as of 4/13/2020 and PCE Proprietary Data

    New call-to-action

    Contacts

    Michael Poole

    Orlando Office

    407-621-2112

    Michael Rosendahl

    New York Office

    201-444-6280 Ext 1

    Data Assumptions

    This report represents transaction activity as mergers & acquisitions, consolidations, restructurings and spin-offs. Targets are defined as U.S. Based companies with either foreign or U.S. based buyers. Transaction information provided is based on closed dates only.

    Glossary

    EBIT - Earnings Before Interest and Taxes
    EBITDA - Earnings Before Interest, Taxes, Depreciation, Amortization
    LTM - Last Twelve Months
    TEV - Total Enterprise Value

    Sources:

    1. Fingas, Jon, “FCC Gives T-Mobile Extra Spectrum to Cope with Demand During Coronavirus,” Engadget, Mar. 15, 2020.
    2. Goovaerts, Diana, “Verizon Boosts Network Spend,” Mobile World Live, Mar. 13, 2020.
    3. Lee, Edmund, “T-Mobile Closes Merger With Spring, and A Wireless Giant Is Born,” The New York Times, April 1, 2020.
    4. Ferek, Katy, “Senate Oks $1 Billion for Rural Telecom Carrier to Replace Huawei Gear,” Wall Street Journal, Feb. 27, 2020.
    5. Elbardicy, Mohamad & Emma Bowman, “Cybersecurity Lawyer Who Flagges the WHO Hack Warns of “Massive” Remote Work Risks,” Morning Edition, NPR, March 30, 2020.
    6. Swanson, Ana, “Trump Administration Blocks Chinese Acquisition of Hotel Software Company,” Wall Street Journal, Mar. 6, 2020.

    Please Share This