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12.9.2003
AimNet Solutions Announces Acquisition of Paradigm Technology PartnersNorwalk, CT - December 9, 2003 - AimNet Solutions, a managed network and professional services company, today announced the acquisition of Paradigm Technology Partners, a leading provider of managed services and security solutions. The new company will be profitable, cash flow positive, and has received an additional $2.5 million investment, which will fuel expansion through both organic and acquisition growth. AimNet's support of existing Paradigm clients will begin immediately, as will... view full story
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12.4.2003
IGN and GameSpy Announce Merger AgreementSan Francisco and Irvine, CA - December 4, 2003 - IGN Entertainment, home to IGN.com, the Web's largest gaming and entertainment destination for young males, and GameSpy Industries, a leading online entertainment and technology company serving game enthusiasts and game developers, today announced that they have signed a definitive merger agreement creating the Web's largest network of destination sites for gamers.The combination will create the Internet's largest gaming audience and its... view full story
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10.31.2003
Great Hill Partners Announces the Formation of Global Tower PartnersBoston, MA and Boca Raton, FL - October 31, 2003 - Great Hill Partners, LLC announced today the formation of Global Tower Management, LLC (d/b/a Global Tower Partners), which has been formed in partnership with Marc C. Ganzi to acquire and operate communications towers and related wireless infrastructure. To enable Global Tower Partners to execute on its business strategy, Great Hill Partners and Marc Ganzi have committed over $40 million to the partnership.Global Tower Partners currently... view full story
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8.28.2003
IGN and Great Hill Complete Going-Private TransactionSan Francisco and Boston - August 28, 2003 - IGN Entertainment (Nasdaq: IGNX)- home to IGN.com®, the web's largest information and entertainment destination for video gamers - and Great Hill Partners, LLC, a Boston-based private equity firm, today announced the completion of a "going private" merger transaction in which stockholders of IGN Entertainment accepted an offer of $12 in cash (without interest) for each outstanding share of IGN common stock they own. As a result of the merger, IGN... view full story
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6.17.2003
SmartMail Acquires Drop Ship ExpressATLANTA - June 17, 2003 - SmartMail Services® (www.smartmail.com) is pleased to announce its acquisition of Drop Ship Express (www.dropshipexpress.com), a Minneapolis-based mail and parcel delivery company. The newly formed organization boasts greater than $200 million of revenue and 1,100 employees working from 22 processing centers nationwide."Our commitment to meet and exceed customer expectations has never been stronger," says Jim Martell, president and chief executive officer of... view full story
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6.8.2003
Northface University and Great Hill Partners Close $13 Million Equity Private PlacementSalt Lake City, Utah and Boston - July 8, 2003 - Northface University, a postsecondary institution for software developers, and Great Hill Partners, a Boston-based private equity firm, announced today the closure of $13 million in Series B private equity funding.Proceeds from the funding will be used by the university to support the start of classes for the Masters program in September 2003 and the Bachelor's program in January 2004."Northface University is well-positioned to take advantage... view full story
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4.9.2003
Universal Access Secures $16 Million InvestmentCHICAGO - April 9, 2003 - Universal Access Global Holdings, Inc. (NASDAQ: UAXS) announced today that it has reached an agreement with CityNet Telecommunications, Inc. for a cash investment. The funding will bolster the company's balance sheet in addition to providing capital for expansion of services to existing customers and growth into selected new vertical markets.Under the agreement, CityNet will invest $16 million in cash and will contribute fiber optic network assets in exchange for a... view full story
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4.8.2003
SmartMail Launches into Parcel Delivery Market with Acquisition of Global LogisticsATLANTA - April 8, 2003 - SmartMail Services® (www.smartmail.com) and Global Logistics (www.shipgl.com) announce SmartMail's acquisition of Global Logistics, a parcel shipping company based in Clearwater, Florida. Acquiring Global Logistics enhances SmartMail's service capabilities and strengthens its foothold as a leading delivery solution for companies shipping high volumes of flat-sized mail and parcel packages.SmartMail, the market leader of expedited flat-sized mail and lightweight... view full story
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3.31.2003
Great Hill Partners Forms GMT Group, Inc. and Acquires Vigo Remittance CorporationBoston, MA. March 31, 2003 - Great Hill Partners announced today the acquisition of Vigo Remittance Corp. by GMT Group, Inc. GMT Group was formed by Great Hill Partners, in partnership with Mario Trujillo, to acquire privately held businesses in the electronic funds transfer sector. Vigo is a leading provider of electronic funds transfer services, providing remittance services to over 33 countries around the world. In 2002, the Company transferred approximately $2.5 billion in dollar volume... view full story
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3.3.2003
Surebridge Acquires ManagedOpsLexington, MA - March 03, 2003 - Surebridge, Inc., the leading provider of outsourced enterprise application solutions for mid-market companies, today announced it has acquired ManagedOps.com, Inc., a Bedford, New Hampshire-based provider of application outsourcing solutions to mid-size businesses. The combined company strengthens Surebridge's position as the largest, most successful application outsourcer in the mid-market and creates a dominant partner for hosted Microsoft Business... view full story
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1.14.2003
ManagedStorage International Acquires DataVault Data Protection Business from Sanrise, Inc.Broomfield, Colo. -- January 14, 2003 - ManagedStorage International, Inc. (MSI) announced today the completion of $22 million in equity funding and the acquisition of substantially all of the assets related to the DataVault storage services business of Sanrise, Inc.On Thursday, January 9, ManagedStorage completed $22 million in equity funding led by Tudor Ventures with participation by current ManagedStorage investors, Great Hill Partners and J.P. Morgan Chase & Co. MSI hired investment... view full story