ABRY Partners
Type
|
Private Ownership,Limited liability company |
---|---|
Industry | Private Equity |
Founded | 1989 by Andrew Banks and Royce Yudkoff |
Headquarters | 888 Boylston Boston, Massachusetts,U.S. |
Products | Investments, private equity funds |
Total assets | $12.0 billion |
Number of employees
|
41 |
Website | www.ABRY.com |
ABRY Partnersis a private equity firm headquartered in Boston, Massachusetts that focuses on investments in media. Since 1989, the firm has completed over $62.0 billion of leveraged transactions and otherprivate equityand mezzanine investments, representing investments in more than 550 properties.
Type
|
Private Ownership,Limited liability company |
---|---|
Industry | Private Equity |
Founded | 1989 by Andrew Banks and Royce Yudkoff |
Headquarters | 888 Boylston Boston, Massachusetts,U.S. |
Products | Investments, private equity funds |
Total assets | $12.0 billion |
Number of employees
|
41 |
Website | www.ABRY.com |
History
Current and previous areas of investment includecable television, publishing, radio and television broadcasting, and other media and communications sectors.[2]
Notable past, present, and future investments include Act III Broadcasting, Cygnus Business Media, Nexstar Broadcasting Group, Muzak Holdings, Legendary Pictures, Consolidated Theatres, F+W Media, Language Line, Citadel Broadcasting, Monitronics and RCN Corporation.
Senior Investment Professionals at ABRY include: Andrew Banks, Royce Yudkoff, Peggy Koenig, Jay Grossman, Erik Brooks, Peni Garber, and John Hunt.
In October 2010, ABRY Partners acquisition of Outsourced staffing provider ‘Comforce Corp’ (CFS) for $84.8 million.
The company’s name derives from the initials of its two founders, Andrew Banks and Royce Yudkoff.
Selected Investments
Notable past investments include Cygnus Business Media, F+W Media, Muzak Holdings, Legendary Pictures, Consolidated Theatres and Citadel Broadcasting. In addition, Abry has invested in Act III Broadcasting,[6]Atlantic Broadband,[7]B&H Education[8]Kidz Bop,[9]Nexstar Broadcasting Group,[2]and Thomsons Online Benefits[2]