Spectrum Equity
Spectrum Equity is an American growth equity firm that invests in businesses related to the information economy. The company operates out of offices in Boston, MA and San Francisco, CA.[1] The company focuses on Software and Information Services; Internet and Digital Media; and Communications, Media and Entertainment, and typical equity investments range from $25 – $100 million.
Private | |
Industry | Private Equity, Growth Equity |
Founded | 1994 |
Headquarters | Boston, Massachusetts, U.S San Francisco, California, U.S |
Products | Growth capital, Recapitalizations |
Total assets | $7 billion |
Website | www.spectrumequity.com |
History
Founded in 1993 by Brion Applegate and William Collatos, Spectrum Equity raised its first fund in May 1994. Applegate had been a general partner of funds managed by Burr, Egan, Deleage, & Co.[2] Collatos began his private equity career at TA Associates where he was a general partner before leaving to become a founding general partner of its spin-off, Media Communications Partners.[3] Spectrum Equity has raised eight private equity funds since its founding, totaling $7 billion of capital.
Investments
Since its founding Spectrum Equity has invested in over 120 companies, including:
Software and information services
Source[4]
- Alltrails[5]
- Arrowhead General Insurance Agency (acquired by Brown & Brown)[6]
- BATS Global Markets[7]
- Bitly[8]
- Business Monitor International[9]
- EagleView Technologies[10]
- Finalsite[11]
- Geneva Technology Limited (acquired by Convergys)[12]
- Grubhub[13]
- Headspace[14]
- HealthMEDX[15]
- H.O. Systems (acquired by VeriSign)[16]
- Illuminet Holdings (acquired by VeriSign)[17]
- Interbank FX (acquired by TradeStation/Monex Group)[18]
- iPay Technologies (acquired by Jack Henry & Associates)[19]
- ITA Software (acquired by Google)[20]
- Jimdo[21]
- Leaf Group[22]
- Mortgagebot (acquired by Davis + Henderson)[23]
- NetScreen Technologies (acquired by Juniper Networks)[24]
- Net Health Systems[25]
- Passport Health Communications[26]
- PicMonkey[27]
- Pictometry International/EagleView[28][29]
- Prezi[30]
- QTC (acquired by Lockheed Martin)[31]
- RiskMetrics Group (acquired by MSCI)[32]
- Seisint (acquired by LexisNexis)[33]
- Teachers Pay Teachers[34]
- Trintech[35]
- World-Check (acquired by Thomson Reuters)[36]
- ExactBid (soon to be acquired) [37]
Internet and digital media
Source[4]
Communication, media and entertainment
Source[4]
- AMC Entertainment (acquired by Dalian Wanda Group)[49]
- American Tower Corporation
- Apex Site Management (acquired by Spectrasite Communications)[50]
- Apprise Media (acquired by United Business Media)
- Bug Music (acquired by BMG Rights Management)[51]
- CBD Media (acquired by Local Insight Media)[52]
- Cellular One (acquired by AT&T Wireless)
- Chartered Business Services (acquired by Intersections)[53]
- Choice Cable[54]
- Classic Media (acquired by Entertainment Rights)[55][56]
- Consolidated Communications
- Eutelsat (acquired by Abertis Telecom)[57]
- Golden Sky Holdings (acquired by Pegasus Communications)
- Internet Network Services (acquired by Cable & Wireless Worldwide)
- ITXC (acquired by Teleglobe)
- Jazztel
- NEP Broadcasting (acquired by American Securities)[58]
- Patriot Media (acquired by Comcast)[59]
- RCN Cable[60]
- Sidera Networks (acquired by Lightower Fiber Networks)[61]
References
- "Contact - Spectrum Equity". www.spectrumequity.com.
- "Team - Spectrum Equity". www.spectrumequity.com.
- "Team - Spectrum Equity". www.spectrumequity.com.
- "Portfolio - Spectrum Equity". www.spectrumequity.com.
- "About | AllTrails". AllTrails.com. Retrieved 2019-07-28.
- "Arrowhead in San Diego to be Acquired by Brown & Brown". 16 December 2011.
- "Portfolio | Spectrum Equity". www.spectrumequity.com. Retrieved 2019-02-01.
- Ha, Anthony (July 12, 2017). "Bitly sells a majority stake to Spectrum Equity for $63M". TechCrunch. Retrieved 2017-10-24.
- "News - Spectrum Equity". www.spectrumequity.com.
- "EagleView | Portfolio | Spectrum Equity". www.spectrumequity.com. Retrieved 2019-02-01.
- "finalsite Announces Investment from Spectrum Equity".
- "Archived copy". Archived from the original on 2013-08-17. Retrieved 2013-05-03.CS1 maint: archived copy as title (link)
- "Grubhub | Case Study | Portfolio | Spectrum Equity". www.spectrumequity.com. Retrieved 2019-02-01.
- "Headspace | Portfolio | Spectrum Equity". www.spectrumequity.com. Retrieved 2019-02-01.
- "Post-Acute Care EHR Software". www.healthmedx.com.
- "Archived copy". Archived from the original on 2016-03-04. Retrieved 2013-05-03.CS1 maint: archived copy as title (link)
- Larry Dignan. "VeriSign to buy Illuminet for $1.2 billion - CNET". News.cnet.com. Retrieved 2018-08-19.
- "Archived copy". Archived from the original on 2015-07-23. Retrieved 2013-05-03.CS1 maint: archived copy as title (link)
- "Facts about Google's acquisition of ITA Software". www.google.com.
- "Jimdo | Portfolio | Spectrum Equity". www.spectrumequity.com. Retrieved 2019-02-01.
- "Leaf Group | Portfolio | Spectrum Equity". www.spectrumequity.com. Retrieved 2019-02-01.
- Duffy, Jim. "Juniper acquires NetScreen".
- "WoundExpert". WoundExpert. Retrieved 2018-08-19.
- "Archived copy". Archived from the original on 2013-11-14. Retrieved 2013-05-03.CS1 maint: archived copy as title (link)
- "PicMonkey | Portfolio | Spectrum Equity". www.spectrumequity.com. Retrieved 2019-02-01.
- "Aerial merger: Pictometry, EagleView combine to create $100M company". 8 January 2013.
- "Prezi | Portfolio | Spectrum Equity". www.spectrumequity.com. Retrieved 2019-02-01.
- "Releases".
- Dealbook. "MSCI Buys RiskMetrics for $1.55 Billion".
- "LexisNexis To Buy Seisint For $775 Million (TechNews.com)". www.washingtonpost.com.
- "Teachers Pay Teachers | Portfolio | Spectrum Equity". www.spectrumequity.com. Retrieved 2019-02-01.
- Plc, Trintech Group. "Trintech Group Plc Announces That the Acquisition of the Company by Spectrum Equity Investors is Now Effective".
- "Archived copy". Archived from the original on 2014-02-23. Retrieved 2017-07-02.CS1 maint: archived copy as title (link)
- Baker, Liana B. "Spectrum Equity to buy real estate software company ExactBid-sources".
- Dezember, Ryan. "Ancestry.com Sets $1.6 Billion Deal". WSJ.
- "Animoto Completes $25 Million Financing Led by Spectrum Equity Investors". www.prnewswire.com.
- "Demand Media Files for IPO - PE Hub". 8 August 2010.
- "Media Releases – iSelect". www.iselect.com.au.
- "Media Releases – Cheap Bills". www.cheapbills.com.au.
- "Jagex Limited Receives Growth Investment from New Investors, Spectrum Equity Investors and the Raine Group, and Returning Investor, Insight Venture Partners".
- "Lynda.com Raises a Whopping $103M in First Outside Funding for Video Lessons".
- "Archived copy". Archived from the original on 2010-07-05. Retrieved 2013-05-03.CS1 maint: archived copy as title (link)
- "404 - Aramark". www.aramark.com.
- "Why this SurveyMonkey exec left the Bay Area for a fast-growing Seattle startup". geekwire.com. 2016-04-15. Retrieved 2017-01-25.
- "Spectrum Equity Invests $25 Mln in WeddingWire - PE Hub". 25 September 2012.
- "Archived copy". Archived from the original on 2012-12-21. Retrieved 2013-05-03.CS1 maint: archived copy as title (link)
- "SpectraSite to Acquire Apex Site Management". www.wirelessnetworksonline.com.
- "Subscribe to read". Financial Times.
- "Archived copy". Archived from the original on 2016-03-04. Retrieved 2013-05-03.CS1 maint: archived copy as title (link)
- "Archived copy". Archived from the original on 2013-06-30. Retrieved 2013-05-03.CS1 maint: archived copy as title (link)
- "Spectrum Equity Investors acquires Choice Cable TV - BNamericas". 2 January 2008.
- "Archived copy". Archived from the original on 2013-06-30. Retrieved 2013-05-03.CS1 maint: archived copy as title (link)
- "Archived copy". Archived from the original on 2013-06-30. Retrieved 2013-05-03.CS1 maint: archived copy as title (link)
- "Comcast Corporation To Acquire Patriot Media". corporate.comcast.com.
- "Archived copy". Archived from the original on 2016-10-29. Retrieved 2013-05-03.CS1 maint: archived copy as title (link)
- "Archived copy". Archived from the original on 2013-04-19. Retrieved 2013-05-03.CS1 maint: archived copy as title (link)