Alta Communications

Last updated
Alta Communications
Type Private ownership
Industry Private equity
Predecessor Burr, Egan, Deleage & Co.
Founded1996
Founder Craig Burr, William P. Egan
Headquarters 28 State Street
Boston, Massachusetts, United States
Products Venture capital
Website www.altacomm.com

Alta Communications is an American private equity firm primarily working with media and the communication sector.

Contents

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

Alta Communications is no longer related to Alta Partners, based in San Francisco. [1]

History

Alta Communications was formed in late 1996 as part of the dissolution of Burr, Egan, Deleage & Co. (BEDCO), [2] an early venture capital firm that had been founded in 1979. [3]

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

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.

See also

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References

  1. Staff Writer (1 February 2005). "VCs Feel the Love from Wall Street -". Venture Capital Journal.
  2. Egan, William P. oral history. National Venture Capital Association (NVCA). 4 November 2010.
  3. Reports of the United States Tax Court. United States Tax Court. 1986. p. 762.