Trisha Shetty (Editor)

Spectrum Equity

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Website
  
www.spectrumequity.com

Total assets
  
5.7 billion USD

Founded
  
1994

Type of business
  
Privately held company

Spectrum Equity wwwspectrumequitycomimageslogopng

Industry
  
Private Equity, Growth Equity

Products
  
Growth capital, Recapitalizations

Headquarters
  
Boston, Massachusetts, United States

Founders
  
William Collatos, Brion B. Applegate

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. The company focuses on Software & Information Services; Internet & Digital Media; and Communications, Media & Entertainment, and typical equity investments range from $25 – $100 million.

Contents

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. 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. Spectrum Equity has raised seven private equity funds since its founding, totaling $5.7billion of capital.

Investments

Since its founding Spectrum Equity has invested in over 120 companies, including:

Software & Information Services:

  • Arrowhead General Insurance Agency (acquired by Brown & Brown)
  • Business Monitor International
  • Finalsite
  • Geneva Technology Limited (acquired by Convergys)
  • HealthMEDX
  • H.O. Systems (acquired by VeriSign)
  • Illuminet Holdings (acquired by VeriSign)
  • Interbank FX (acquired by TradeStation/Monex Group)
  • iPay Technologies (acquired by Jack Henry & Associates)
  • ITA Software (acquired by Google)
  • Mortgagebot (acquired by Davis + Henderson)
  • NetScreen Technologies (acquired by Juniper Networks)
  • Net Health Systems
  • Passport Health Communications
  • Pictometry International/EagleView
  • QTC (acquired by Lockheed Martin)
  • RiskMetrics Group (acquired by MSCI)
  • Seisint (acquired by LexisNexis)
  • Trintech
  • World-Check (acquired by Thomson Reuters)
  • ExactBid (soon to be acquired)
  • Internet & Digital Media:

  • Ancestry.com
  • Animoto
  • Demand Media
  • iSelect Ltd.
  • Jagex
  • Lynda.com
  • NetQuote (acquired by Bankrate)
  • SeamlessWeb
  • SurveyMonkey
  • WeddingWire
  • Communication, Media & Entertainment:

  • AMC Entertainment (acquired by Dalian Wanda Group)
  • American Tower Corporation
  • Apex Site Management (acquired by Spectrasite Communications)
  • Apprise Media (acquired by United Business Media)
  • Bug Music (acquired by BMG Rights Management)
  • CBD Media (acquired by Local Insight Media)
  • Cellular One (acquired by AT&T Wireless)
  • Chartered Business Services (acquired by Intersections)
  • Choice Cable
  • Classic Media (acquired by Entertainment Rights)
  • Consolidated Communications
  • Eutelsat (acquired by Abertis Telecom)
  • 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)
  • Patriot Media (acquired by Comcast)
  • RCN Cable
  • Sidera Networks (acquired by Lightower Fiber Networks)
  • References

    Spectrum Equity Wikipedia