Predict your next investment

Advisory
moorgatepartners.com

See what CB Insights has to offer

Portfolio Exits

2

Service Providers

3

About Moorgate Partners

Moorgate Partners provides advice, deal origination and capital solutions. The company looks to solve critical issues, accelerate growth and enhance brand reputation in partnership with clients.

Moorgate Partners Headquarter Location

One Rockefeller Plaza 24th Floor

New York, New York, 10020,

United States

212-554-3890

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Latest Moorgate Partners News

Moorgate Capital Partners Acquires ITC Service Group, Inc.

Jun 6, 2016

13:47 ET from Moorgate Partners CITRUS HEIGHTS, Calif. and NEW YORK, June 6, 2016 /PRNewswire/ -- Moorgate Capital Partners, LLC ("Moorgate"), a middle market merchant bank focused on the technology, media, and communications industries, is pleased to announce that an affiliate has partnered with management to acquire substantially all of the assets of ITC Service Group, Inc. ("ITC") from its founding shareholders. ITC is a leading provider of planning, design, installation and maintenance services to the telecommunications and IT industries. Most recently, the company has been focused on designing, installing, maintaining and providing operational management services for fiber–to-the-home networks, an area that is expected to grow dramatically over the next several years as major industry participants deploy significant capital to build and upgrade networks. ITC currently employs approximately 700 people across the United States. Tim Sauer, ITC's founder, who will remain an owner and the President of ITC, said "We are excited to partner with Moorgate and leverage their financial and industry expertise in order to accelerate the growth of the company. " "ITC has a strong heritage in the telecommunications industry. With a reputation for quality and innovation, ITC has become a leading service provider to a number of major fiber-to-the-home and broadband operators," commented Michael Alexander, Partner at Moorgate. "We are delighted to be partnering with ITC's experienced management team and look forward to working together to strengthen the company's position in this rapidly evolving industry. " Debt financing for the transaction was provided by Credit Suisse Park View BDC, Inc., QS Capital Strategies L.P. (Quilvest), and California Bank & Trust. Wollmuth Maher & Deutsch LLP and Davis Polk & Wardwell LLP acted as legal advisors to Moorgate in connection with the transaction. The Independence Group acted as financial advisor and Meissner Joseph & Palley, Inc. acted as legal advisor to ITC. About ITC Service Group ITC Service Group provides broadband installation, design, and staffing services to the telecommunications and IT industries. ITC is headquartered in Citrus Heights, CA. For more information, visit www.callitc.com . About MoorgateCapital Partners Moorgate Capital Partners is an independent merchant bank and advisory firm focused on the technology, media, and communications industries. Moorgate partners with industry leading executives and management teams to source and invest in middle market growth opportunities. Moorgate has offices in New York, NY and San Francisco, CA. This content was issued through the press release distribution service at Newswire.com. For more info visit: http://www.newswire.com   To view the original version on PR Newswire, visit: http://www.prnewswire.com/news-releases/moorgate-capital-partners-acquires-itc-service-group-inc-300280074.html SOURCE Moorgate Partners

Moorgate Partners Portfolio Exits

2 Portfolio Exits

Moorgate Partners has 2 portfolio exits. Their latest portfolio exit was Telescope on August 13, 2021.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

8/13/2021

Acquired

1

00/00/0000

Subscribe to see more

Subscribe to see more

Subscribe to see more

10

Date

8/13/2021

00/00/0000

Exit

Acquired

Subscribe to see more

Companies

Subscribe to see more

Valuation

Acquirer

Subscribe to see more

Sources

1

10

Moorgate Partners Acquisitions

2 Acquisitions

Moorgate Partners acquired 2 companies. Their latest acquisition was ITC Service Group on June 06, 2016.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

6/6/2016

Acquired

Acquired

1

12/11/2012

Management Buyout

Subscribe to see more

$99M

Subscribe to see more

10

Date

6/6/2016

12/11/2012

Investment Stage

Acquired

Management Buyout

Companies

Subscribe to see more

Valuation

Total Funding

$99M

Note

Acquired

Subscribe to see more

Sources

1

10

Moorgate Partners Service Providers

4 Service Providers

Moorgate Partners has 4 service provider relationships

Service Provider

Associated Rounds

Provider Type

Service Type

Acquired

Commercial Bank

Debt Financing

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Service Provider

Subscribe to see more

Subscribe to see more

Associated Rounds

Acquired

Subscribe to see more

Subscribe to see more

Provider Type

Commercial Bank

Subscribe to see more

Subscribe to see more

Service Type

Debt Financing

Subscribe to see more

Subscribe to see more

Partnership data by VentureSource

CB Insights uses Cookies

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.