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pegasuscom.com

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About Pegasus Communications

Pegasus Communications helps individuals, teams, and organizations thrive in an increasingly complex world. Through a grounding in the rigorous principles and tools of systems thinking and related disciplines, practitioners from business, education, government, and the nonprofit world find the freedom to connect with others in new ways and design sustainable solutions to their most persistent challenges. From tentative first steps to great leaps of faith, we provide tools and ideas for changing the world one system at a time.

Pegasus Communications Headquarter Location

319 Littleton Road

Westford, Massachusetts, 01886,

United States

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Latest Pegasus Communications News

Chinese Authorities Investigate Pegasus, a Unit of Edelman

Jul 29, 2014

Continue reading the main story BEIJING — Pegasus Communications, a subsidiary of the American public relations firm Edelman, says that its Beijing office was visited last week by the “relevant authorities” and that it was cooperating with an investigation. No details were released about which authorities were involved or the matter being investigated. But political observers in China said that it could be linked to a wider inquiry into corruption at the main state television network and to an investigation of Li Dongsheng , a vice minister at the Ministry of Public Security who was close to Zhou Yongkang, a former domestic security czar now under scrutiny. The investigations are part of a broad anticorruption campaign by President Xi Jinping that analysts say is intended to concentrate more power in Mr. Xi’s hands and to bring discipline to the Communist Party, which has more than 80 million members. Pegasus was founded in 2002 by Rui Chenggang and Cao Gang, who also goes by the name Steven Cao, and was bought in 2007 by Edelman. Mr. Rui, who went on to become a prominent television anchor on China Central Television, the state-owned network, was detained by security officers earlier this month . A Chinese news report published after his detention said that Mr. Rui had a 7.9 percent stake in Pegasus when that company was providing services to his employer, CCTV. Edelman later confirmed that Mr. Rui held those shares. The latest Pegasus statement, dated last Friday, contends that Mr. Cao was cooperating with officials in their investigation of the company. Mr. Cao is a minority shareholder in Pegasus and the head of Edelman’s operations in China. Before taking up his security post, Mr. Li was a deputy head of the Communist Party’s propaganda department and had worked at CCTV. Political observers say that Mr. Rui appears to be implicated in an inquiry into CCTV and its financial channel, CCTV 2, in particular. Mr. Rui’s supervisor, Guo Zhenxi, the head of the second channel, was detained in May, and the channel’s deputy director, Li Yong, was detained on July 11, the same day Mr. Rui was detained. More on nytimes.com

Pegasus Communications Acquisitions

1 Acquisition

Pegasus Communications acquired 1 company. Their latest acquisition was Golden Sky Holdings on May 16, 2000.

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

5/16/2000

$99M

Acquired

Date

5/16/2000

Investment Stage

Companies

Valuation

$99M

Total Funding

Note

Acquired

Sources

Pegasus Communications Team

1 Team Member

Pegasus Communications has 1 team member, including former Chief Financial Officer, Joseph W. Pooler.

Name

Work History

Title

Status

Joseph W. Pooler

Chief Financial Officer

Former

Name

Joseph W. Pooler

Work History

Title

Chief Financial Officer

Status

Former

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