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12.20.1999
Great Hill Partners Leads $30 Million Commitment To Edge Connections, Inc.Boston, Mass. - Great Hill Partners recently led the closing of a $30 million investment commitment to Edge Connections, Inc. Edge Connections is a startup telecommunications company with an innovative strategy to overcome the "bandwidth bottleneck" of the local telecommunications loop. By effectively utilizing DSL technology, Edge will be able to provide high-speed data, voice, and other value added services through competitively priced, bundled offerings. Edge Connections, headquartered in... view full story
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12.13.1999
Educational And Professional Media Company, Haights Cross Communications, Adds To Offerings For Teachers And StudentsNew York- Professional and educational media company Haights Cross Communications announced today that it has acquired Chelsea House; a young adult library publisher; Educational Design, a test preparation company and Recorded Books, an audio book publisher. With today's acquisitions the company will have ten educational and professional media companies and its 1999 sales will exceed $150 million. Other properties include Oakstone Publishing, Coriolis and Sundance.According to Chairman and... view full story
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10.25.1999
Patrick D. Curran Is Featured Speaker At Asp SummitBoston, Mass., October 25, 1999 -Great Hill Partners is pleased to announce that Patrick D. Curran, Partner, will be speaking at the 1999 ASP Summit to be held in Denver, Colorado on November 2nd and November 3rd. The ASP Summit, developed in conjunction with the ASP Industry Consortium and Giotto Perspectives facilitates discussions among the principal players in the growing ASP marketplace. Mr. Curran will be discussing various critical aspects of private equity in the ASP arena. Mr.... view full story
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9.16.1999
Great Hill Partners Invests $24 Million In Smartmail, Inc.Boston, Mass., September 16, 1999 - Great Hill Equity Partners recently closed a $24 million equity investment in SmartMail, Inc. (SMI). SmartMail provides mailing services for flat-sized mail and small parcels, giving the customer volume-driven discounts and operational savings by eliminating internal metering processes. SmartMail, Inc. was formed in 1996 and currently operates in seven locations across the country. "SmartMail offers their customers a tremendous value proposition by... view full story
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8.30.1999
Duro Announces Acquisition Of Southern Kentucky Network (Kih Online)Boston, Mass., August 30, 1999 - DURO Communications, Inc. recently acquired Southern Kentucky Network (KIH Online), an ISP/CLEC operating out of London, Kentucky. With just under 22,000 customers and $5.4 million of annualized revenues, KIH will make a significant addition to DURO's network of Internet Data Service Providers. In particular, KIH will enhance the operations of DURO's Mid-South Region. This transaction culminates an active two months for DURO, which saw the acquisition of five... view full story
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6.30.1999
Great Hill Partners Commits $30 Million To Duro Communications, IncBoston, Mass., June 30, 1999 - Great Hill Equity Partners recently sponsored the formation of DURO Communications, Inc. DURO was created to pursue the consolidation and operation of Internet Service Providers in the southeastern United States. More specifically, the Company's strategy is to establish three platforms - one each in Florida, North Carolina and Tennessee - from which to base future acquisition activity. The Company is capitalized with $50 million of debt and $40 million of... view full story
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6.25.1999
Horizon Telecom International Raises $15 Million In Second-Round Funding From First Union Capital PartnersBoston, Mass., June 25, 1999 - Horizon Telecom International (HTI) recently closed on a $15 million equity commitment from First Union Capital Partners. HTI is a Brazilian cable TV operator with concessions covering fifteen cities and approximately 850,000 homes. HTI's objective is to build-out its concessions and surrounding areas to cover approximately 1 million homes. The investment from First Union will be used to fund HTI's network build, pursue strategic acquisitions and fund future... view full story
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4.15.1999
Great Hill Partners Commits $20 Million In Horizon Telecom International, Inc.Boston, Mass., April 15, 1999 - Great Hill Equity Partners recently closed a $20 million equity commitment to Horizon Telecom International (HTI). HTI was formed in 1997 to acquire cable television licenses in mid-sized Brazilian cities and to build and operate state-of-the-art wireline networks in the target markets. The Company has successfully completed the first stage of its development by acquiring 15 concessions covering approximately 850,000 homes. HTI was the fourth-largest winner in... view full story