Columbia Capital related stories
All articles and analysis
Sinclair Broadcast to buy the Tennis ChannelSinclair Broadcast Group Inc. has agreed to buy the Tennis Channel for $350 million. The deal is expected to close in first quarter. Sellers include Apollo Partners, Bain Capital Ventures, Battery Ventures, CCMP Capital and Columbia Capital. LionTree Advisors and Evolution Media Capital advised the tennis channel.
Early-decade funds still chasing venture’s boom--VCJ fund performance reportIndiana portfolio sees gains from Bay Partners, Columbia Capital, although it has struggled for gains.
Fund performance: Early-decade funds still chasing venture’s boomIndiana portfolio sees gains from Bay Partners, Columbia Capital
- AOL to acquire Columbia Capital-backed Millennial Media for $1.75 per share
AOL has agreed to buy Baltimore-based mobile ad marketplace Millennial Media Inc for $1.75 per share. The deal is expected to be completed in the fall. Goldman Sachs provided financial advice to AOL on the transaction while LUMA Partners did likewise for Millennial Media. In 2012, Millennial Media, which is backed by Columbia Capital, went public /2012/03/shares-of-millennial-media-soar-in-ipo/
PE-backed Vubiquity buys digital supply chain provider JuiceVubiquity has bought Juice Worldwide, a digital supply chain solutions company based in Toronto. No financial terms were published. Vubiquity, which has its headquarters in Reston, Viriginia, said the transaction facilitates its strategy for expanding premium content services and global distribution capabilities by providing more content to consumers. Formerly known as Avail-TVN, Vubiquity is backed by a number of U.S. private equity and venture capital firms, including Columbia Capital, The Carlyle Group, Novak Biddle Venture Partners and Valhalla Partners. Carlyle led a US$100 million financing of the company in 2012.
- Avon joins ABS Capital
ABS Capital Partners said Thursday that Michael Avon has joined as a Venture Partner. Avon was previously CFO and Executive Vice President of Millennial Media.
VC-backed New Signature buys CMS Consulting, Infrastructure GuardianU.S. technology and web solutions provider New Signature has purchased CMS Consulting Inc and Infrastructure Guardian, which are affiliated businesses based in Toronto. The value of the acquisition was not released. New Signature, which has its headquarters in Washington, D.C., said the deal will help continue its strategic expansion of cloud technologies and managed services capabilities and North American market coverage. In April, the company secured US$35 million from U.S. venture capital firm Columbia Capital to support its organic and acquisition-led growth.
- EMC to buy Virtustream for $1.2 bln
EMC Corp. said Tuesday it has agreed to buy Virtustream for $1.2 billion. The boards of both EMC and Virtustream have approved the deal. Washington D.C.-based Virtustream provides cloud software and services to enterprise customers. Virtustream has raised funding from investors including SAP, Intel Capital, Noro-Moseley Partners, TDFunds, Columbia Capital and Blue Lagoon Capital.
- Columbia Capital provides $35 mln to New Signature
Washington, DC-based New Signature, a Microsoft national solution provider, has received $35 million in funding from Columbia Capital. According to the company, the capital will be used for expansion. Also, New Signature has named Jeff Tench as CEO and Neil Hobbs as chairman.
- RockYou picks up $23 mln
San Francisco-based interactive media company RockYou has secured $23 million in funding. Columbia Capital led the round.