more

Related Articles

Centerfield Capital Closes $171M Fund
Vista Equity Takes Websense Private for $1B
Clarion Partners, Madison Street Capital, NBGI Private Equity
Alliant, Bellisio Foods, TransDigm
PE-backed Fiberglass Co. AGY Restructures

SLIDESHOW

The M&A Scene: CEO Leadership
Dealmakers gathered at the Harvard Club in New York on May 7 as part of ACG NY's CEO Leadership event. Peter Gonye, a co-leader within Spencer Stuart's private equity practice in North America was the keynote speaker. Panelists included M. Tatum Pursell, senior adviser, Unlimited Horizons; Tony Ecock, general partner, Welsh Carson Anderson & Stowe; Jim Follett, former CEO of Authentic Response Inc.; Doron Grosman, operating partner, Court Square Capital; and Joelle Marquis, partner, Arsenal Capital.

Watercooler

10 Startups Marissa Mayer Bought Before Tumblr
Summly, a news-sharing service Yahoo picked up in March for $30 million, tops the list of purchases the new CEO made before the $1.1B deal for Tumblr

Dealmakers

3Qs With…Chris Randall, executive vice president, NBH Capital Finance
NBH Capital Finance will focus on the lower middle market

Columns

Remark Media Refocuses on Young Adults
Remark has operated at a loss since inception but is now focusing on growing its personal finance group, as well as media properties

Private Equity
GTCR Buys NewWave

GTCR made the deal through Rural Broadband Investments, one of its portfolio companies

By ALLISON COLLINS
February 13, 2013

Private equity firm GTCR LLC will buy NewWave Communications from Pamlico Capital.

NewWave, headquartered in Sikestron, Mo., provides high-speed broadband, video and voice services.

The deal will be done through GTCR’s portfolio company Rural Broadband Investments (RBI), a cable company. Terms of the deal weren’t disclosed.

RBI was formed by GTCR and Phillip Spencer in 2012 to acquire broadband infrastructure assets in small and mid-sized communities. The company is currently pursuing additional acquisitions.

Chicago-based GTCR has invested in Curo Health Services, OneSource and Telecom Lease Advisors.

 

For more information on related topics, visit the following: