Alta Communications Explained

Alta Communications
Foundation:1996

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

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

References

External links

Notes and References

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