Alta Communications

From Wikipedia, the free encyclopedia
Jump to: navigation, search
Alta Communications
Private ownership
Industry Private equity
Founded 1996
Founder Craig Burr, William P. Egan
Headquarters 28 State Street
Boston, Massachusetts, United States
Products Venture capital
Website www.altacomm.com

Alta Communications is a Boston-based private equity firm specializing in equity investments in media and telecommunications companies.

Their equity funds are invested in about 100 companies with total market capitalization approximately $1.5 billion.

Alta Communications is no longer related to Alta Partners, based in San Francisco.

History[edit]

Alta Communications was formed in late 1996 as part of the dissolution of Burr, Egan, Deleage & Co. (BEDCO), an early venture capital firm that had been founded in 1979.

The firm was founded by Craig Burr and William P. Egan who also co-founded Alta’s predecessor firm, Burr, Egan, Deleage & Co., in 1979. Alta traces its origins to TA Associates, where Burr and Egan were formerly partners.

Investment strategy and funds[edit]

Alta Communications invests primarily in later-stage opportunities in the traditional media and telecommunications sectors and has a portfolio of investments in the following sectors:

Since its founding in 1996, Alta Communications has raised four venture capital funds focusing on late stage opportunities with nearly $1.5 billion of investor commitments.

  • 1996 - $158m - Alta Communications VI
  • 1998 - $272m - Alta Communications VII
  • 2000 - $486m - Alta Communications VIII
  • 2003 - $500m - Alta Communications IX

See also[edit]

References[edit]

External links[edit]