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The first installment of our new predictive index shows that dealmakers expect overall M&A to increase, with health care outperforming the overall market READ MORE 

SLIDESHOW

ACG New York Women of Leadership - Entrepreneur Series
Barbara Bradley Baekgaard, founder of Vera Bradley (Nasdaq: VRA), is the latest in a series of entrepreneurs highlighted at ACG New York Women of Leadership events. Photo credit: Robert Blumenfeld

Watercooler

GTCR, Hormel, the Riverside Co-CEOs and Others Win M&A Mid-Market Awards
Amid a slow and challenging year for dealmaking, the winners of Mergers & Acquisitions’ 7th Annual M&A Mid-Market Awards outpaced the competition to grow, innovate and lead the middle market

Roundtable

Financial Services Companies Heat Up M&A Market
Speakers from Flexpoint Ford, Genstar Capital, Baird Capital, Madison Capital Funding and Katten Muchin Rosenman discuss the various factors playing a role in M&A activity within the financial services space

Expert's Corner

Pursuing Pharma Manufacturing
The fragmented pharmaceutical manufacturing industry provides plenty of opportunities for private equity investors, says JLL Partners founder Paul Levy

Tech, Media & Telecom
TDS Buys Baja Broadband for $267.5M

Baja provides high-speed broadband and voice services to customers in Colorado, New Mexico, Texas and Utah

Telephone and Data Systems Inc. (NYSE: TDS) is buying Baja Broadband LLC, a cable company, for $267.5 million.

Baja provides video, high-speed broadband and voice services to residential and commercial customers in Colorado, New Mexico, Texas and Utah. The company had annual revenues of $82.4 million in 2012.

"Baja's strong network capabilities will enable us to deliver highly competitive data services, while reducing the need for future capital investment,” says David Wittwer, chief executive of TDS.

The deal, which requires regulatory approval, is expected to close in the third quarter.

TDS, headquartered in Madison, Wis., provides high-speed Internet, phone and television services through its subsidiaries U.S. Cellular, TDS Telecom and TDS Hosted & Managed Services.

The deal follows several others in the sector, including GTCR LLC’s purchase of NewWave Communications, WaveDivision Holdings LLC’s purchase of Black Rock Cable and Belden Inc.’s acquisition of PPC, a broadband-connectivity services company. 

 

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