ABRY Partners
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 Partners is 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 other private equity and 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 include cable 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]