| CONTACT: Bill Fowler 303-778-5513 bill.fowler@rbcdaniels.com |
FOR IMMEDIATE RELEASE January 23, 2008 |
RBC DANIELS LEADS IN 2007 CABLE, TELECOMMUNICATIONS,
BROADCAST AND INTERNET SERVICES TRANSACTIONS
DENVER – RBC Daniels announced its 2007 performance today, disclosing that it completed 83 transactions with an aggregate value of over $4 billion. This included 63 mergers & acquisitions and corporate finance transactions as well as 20 financial advisory transactions for domestic and international clients in the cable, telecommunications, media and technology industries.
According to deal-tracker, Thomson Financial, RBC Daniels and RBC Capital Markets led in the number of announced mergers & acquisitions (M&A) involving North American cable, telecommunications, broadcast and Internet services companies in 2007. Thomson ranked RBC Daniels and RBC Capital Markets number one with 46 announced M&A transactions for its North American clients in the cable television, wireless and wireline telecom, towers, broadcast and Internet services sectors. They also ranked number one in the number of deals closed in these sectors for the years 2000 through 2007 with 373 deals.
The Thomson Financial ranking includes only a portion of RBC Daniels’ and RBC Capital Markets’ total 2007 deals. Specifically, it does not include M&A transactions in industries other than cable, telecom, broadcast and Internet services, nor does it include corporate finance, financial advisory, certain international or confidential transactions.
“We are pleased with our 2007 results and have plenty of momentum heading into 2008,” said Brian Deevy, RBC Daniels’ chief executive officer. “We continue to be the most active M&A advisor in our key sectors of the communications business.”
RBC Daniels advised on transactions involving many prominent operating and financial companies such as Alabanza Corporation, Alltel Communications, Aplus.Net, AT&T, Biltmore Communications, The Carlyle Group, Charter Communications, Completel, Conterra Ultra Broadband, Demand Media, Guaranty Towers, Hargray Communications Group, Indiana Fiber Works, InteleNet Communications, JobServe, Key Communications, Lattice Communications, Orbitel Communications, Liberty Media Corporation, Magic Media, Noe Corp., Q-Comm Corporation, Quadrangle Capital Partners, PrairieWave Holdings, Ramcell, Rapid Communications, Renaissance Broadband, REVShare, SJI, Southern Light, StayOnline, Triad Holdings and Wave Broadband.
“This marks our first year as part of RBC Capital Markets, combining our industry expertise and long-standing relationships with the capital markets strength of RBC,” said Brad Busse, RBC Daniels’ president and chief operating officer, “This affiliation allows us to offer our clients a wider range of products and services.”
RBC Daniels is a leader in financial services to the cable, telecommunications, media and technology industries worldwide. The company assists clients with mergers & acquisitions, public and private equity & debt financings and financial advisory engagements. RBC Daniels is a subsidiary of RBC Capital Markets Corporation. RBC Daniels is a member of FINRA and SIPC.
Top Financial Advisors to North American Cable, Telecom, Broadcast and Internet Services Companies |
||
Rank |
Financial Advisor |
Number of Deals |
1. |
RBC Daniels / RBC Capital Markets |
46 |
Source: Thomson Financial Securities Data
Top Financial Advisors to North American Cable, Telecom, Broadcast and Internet Services Companies |
||
Rank |
Financial Advisor |
Number of Deals |
1. |
RBC Daniels / RBC Capital Markets |
373 |
* indicates a tie
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