Alta Communications

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

Alta Communications
TypePrivate ownership
IndustryPrivate equity
PredecessorBurr, Egan, Deleage & Co.
Founded1996
FounderCraig Burr, William P. Egan
Headquarters28 State Street
Boston, Massachusetts, United States
ProductsVenture capital
Websitealtacomm.com

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.

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

See also

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.
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