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Investments

11

Portfolio Exits

9

Funds

4

About GMT Communications Partners

GMT Communications Partners is a European independent private equity group focused exclusively on the media, information, entertainment and telecommunications industries. As industry practitioners, GMT focuses heavily on developing new strategic directions for established businesses that are able to benefit from new communication technologies.

Headquarters Location

Sackville House, 40 Piccadilly

London, England, W1J 0DR,

United Kingdom

+44 (0)20 7292 9333

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Latest GMT Communications Partners News

Melita plc being sold to Apax and Fortino Capital

Aug 15, 2019

Dec 8, 2015 London, Paris, Dec 7th 2015 GMT Communications Partners (“GMT”) and M/C Partners-led consortium have agreed to sell Melita plc (“Melita”) to France-based Apax Partners and Fortino Capital. Closing is subject to regulatory approval. Melita is the leading converged telecommunications operator in Malta, with 99% of Malta’s households and dwellings passed and more than 110,000 unique subscribers. It offers pay-TV, broadband, fixed telephony, mobile and B2B services to customers. GMT originally invested in Melita in 2007, and was a shareholder alongside M/C Partners, Gasan Group and Blackrock. Since the acquisition, Melita has become the leading quadruple play provider in Malta, expanding its product offering from Pay-TV-led to a quadruple-play offering, servicing both residential and business customers, with the launch in February 2009 of its 3G mobile offering. Melita also owns and operates its own mobile network, an undersea submarine optical fibre cable, a co-location data centre built to Tier 3 specifications, as well as a next-generation Wi-Fi service across the Maltese islands. With the support of its new shareholders, Melita will continue its growth in both B2C and B2B businesses by leveraging its converged network. Joseph Gasan, Chairman of Melita, said: “I am delighted that Melita, which I created 23 years ago, is now in a position, after a period of growth and transformation, to start a new phase under new ownership” Massimo Prelz Oltramonti, Senior Advisor at GMT, said, “We are happy to transfer ownership of Melita to a group of investors of standing and with significant telecom expertise. Under the current group ownership, Melita has evolved from being an advanced cable operator to become one of the most advanced quad players in Europe, and an undisputed leader in its market in broadband and entertainment. The growth of Melita is reflected in an increase in EBITDA from €16 million when we invested to EBITDA in excess of €31 million in 2015.” Thomas de Villeneuve, Partner at Apax Partners, said, “We are delighted to support Melita in its ambitious growth strategy and to join forces with Fortino for this adventure. We look forward to bringing our expertise and longstanding experience in the media and telecom sector”. Duco Sickinghe, Managing Partner at Fortino Capital, said, “At Fortino, we are delighted to work with the team of Melita to propel their great vision of broadband, media and mobile into the future. We are convinced that in working with a great investment firm like Apax, Melita will be able to make a difference for their current and future customers. We look forward to also cooperating with other Maltese stakeholders such as the government, media and local businesses”. Messier Maris & Associés advised Apax Partners and Fortino Capital on the transaction. Weil and CSB Advocates provided legal advice. Lazard advised the sellers of Melita on the transaction. Shearman & Sterling and Camilleri Preziosi provided legal advice. About Apax Partners Apax Partners is a leading private equity firm in French-speaking European countries. With more than 40 years of experience, Apax Partners provides long-term equity financing to build and strengthen world-class companies. Funds managed and advised by Apax Partners exceed €2.4 billion. These funds invest in fast-growing middle-market companies across four sectors of specialisation. Current portfolio companies include: TMT: Altran, Gfi Informatique, Infopro Digital and Vocalcom Retail & Consumer: ALAIN AFFLELOU, Europe Snacks, Groupe Royer and THOM Europe (Histoire d’Or, Marc Orian and TrésOr) Healthcare: Amplitude Surgical, Capio and Unilabs Business & Financial Services: Groupe INSEEC, SK FireSafety and TEXA. For more information, please visit  www.apax.fr or our social networks. About Fortino Capital Fortino Capital is a Brussels-based investment company, co-founded by Duco Sickinghe, Renaat Berckmoes and Baudouin Jolly, which focuses on private equity and venture capital. Combining strong management backgrounds, extensive global networks and leading success in innovation, Fortino Capital supports the management of its portfolio companies from a strategic, operational and commercial perspective. For more information, please visit www.fortino.be or our social networks. About GMT Communications Partners GMT is an established private equity group dedicated to providing buyout and development capital to European mid-market businesses that are creating, delivering and/or monetising the digital economy. With a track record spanning over 20 years, GMT has managed three funds with aggregate capital commitments in excess of €775 million and has completed over 100 transactions across 19 countries during this time. For more information, please visit www.gmtpartners.com About M/C Partners M/C Partners is a private equity firm focused exclusively on the communications, media, and information technology sectors. The firm has invested over $1.5 billion into nearly 100 companies in those sectors. Companies M/C has backed include Cavalier Telephone, Fusepoint, GTS Central Europe, ICG Communications, Involta, Legendary Pictures, Lightower, MetroPCS, NuVox, Open Mobile, and Zayo Group. The firm has strong institutional backing from the nation’s leading pension funds and endowments as well as a long track record of success. M/C Partners has offices in Boston and San Francisco. For more information, please visit  www.mcpartners.com . Contacts

May 16, 2018Arma Partners advises GMT on the sale of MeetingZone to LoopUpMay 16, 2018GMT Communications sells MeetingZone for £61.4mMay 16, 2018GMT sells MeetingZone to trade for £61.4mOct 9, 2017Portico Capital - Mergers & AcquisitionsLearn more by requesting a demo

GMT Communications Partners Investments

11 Investments

GMT Communications Partners has made 11 investments. Their latest investment was in IT-Ernity as part of their Private Equity on May 20, 2013.

GMT Communications Partners Investments Activity

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Date	Round	Company	Amount	New?	Co-Investors	Sources
5/20/2013	Private Equity	IT-Ernity	Yes	VSS	1
9/19/2012	Private Equity	Seagull	Yes	1
2/3/2009	Debt	Redext	$34.04M	Yes	1
7/1/2004	Private Equity	Subscribe to see more	Subscribe to see more	10
7/23/2003	Series B	Subscribe to see more	$XXM	Subscribe to see more	Subscribe to see more	10

Date	5/20/2013	9/19/2012	2/3/2009	7/1/2004	7/23/2003
Round	Private Equity	Private Equity	Debt	Private Equity	Series B
Company	IT-Ernity	Seagull	Redext	Subscribe to see more	Subscribe to see more
Amount	$34.04M	$XXM
New?	Yes	Yes	Yes	Subscribe to see more	Subscribe to see more
Co-Investors	VSS	Subscribe to see more
Sources	1	1	1	10	10

Learn more by requesting a demoGMT Communications Partners Portfolio Exits

9 Portfolio Exits

GMT Communications Partners has 9 portfolio exits. Their latest portfolio exit was IT-Ernity on August 10, 2018.

Date	Exit	Companies	ValuationValuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.	Acquirer	Sources
8/10/2018	Acquired	IT-Ernity	$XXM	TransIP	2
5/16/2018	Acquired	Subscribe to see more	$XXM	Subscribe to see more	10
1/30/2018	Acquired	Subscribe to see more	$XXM	Subscribe to see more	10
7/16/2016	Acq - Fin	Subscribe to see more	$XXM	Subscribe to see more	10
6/3/2015	Acq - Fin	Subscribe to see more	$XXM	Subscribe to see more	10

Date	8/10/2018	5/16/2018	1/30/2018	7/16/2016	6/3/2015
Exit	Acquired	Acquired	Acquired	Acq - Fin	Acq - Fin
Companies	IT-Ernity	Subscribe to see more	Subscribe to see more	Subscribe to see more	Subscribe to see more
Valuation	$XXM	$XXM	$XXM	$XXM	$XXM
Acquirer	TransIP	Subscribe to see more	Subscribe to see more	Subscribe to see more	Subscribe to see more
Sources	2	10	10	10	10

Learn more by requesting a demoGMT Communications Partners Acquisitions

11 Acquisitions

GMT Communications Partners acquired 11 companies. Their latest acquisition was Norge Bygges on August 10, 2011.

Date	Investment Stage	Companies	ValuationValuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.	Total Funding	Note	Sources
8/10/2011	Norge Bygges	$XXM	Acq - Fin	1
8/10/2011	Sverige Bygger	$XXM	Acq - Fin	1
8/1/2011	MeetingZone	$XXM	Acq - Fin	1
4/2/2011	Subscribe to see more	$XXM	Subscribe to see more	10
5/7/2009	Subscribe to see more	$XXM	Subscribe to see more	10

Date	8/10/2011	8/10/2011	8/1/2011	4/2/2011	5/7/2009
Investment Stage
Companies	Norge Bygges	Sverige Bygger	MeetingZone	Subscribe to see more	Subscribe to see more
Valuation	$XXM	$XXM	$XXM	$XXM	$XXM
Total Funding
Note	Acq - Fin	Acq - Fin	Acq - Fin	Subscribe to see more	Subscribe to see more
Sources	1	1	1	10	10

Learn more by requesting a demoGMT Communications Partners Fund History

4 Fund Histories

GMT Communications Partners has 4 funds, including GMT Communications Partners III LP.

Closing Date	Fund	Fund Type	Status	Amount	Sources
7/31/2007	GMT Communications Partners III LP	Diversified Private Equity	Closed	$411.12M	1
11/30/2000	GMT Communications Partners II LP	Subscribe to see more	Subscribe to see more	$XXM	10
12/31/1993	Barings Communications Equity Limited	Subscribe to see more	Subscribe to see more	$XXM	10
GMT Communications Partners IV LP	Subscribe to see more	Subscribe to see more	10

Closing Date	7/31/2007	11/30/2000	12/31/1993
Fund	GMT Communications Partners III LP	GMT Communications Partners II LP	Barings Communications Equity Limited	GMT Communications Partners IV LP
Fund Type	Diversified Private Equity	Subscribe to see more	Subscribe to see more	Subscribe to see more
Status	Closed	Subscribe to see more	Subscribe to see more	Subscribe to see more
Amount	$411.12M	$XXM	$XXM
Sources	1	10	10	10

Learn more by requesting a demoGMT Communications Partners Team

8 Team Members

GMT Communications Partners has 8 team members, including current Managing Partner, Timothy S. Green.

Name	Work History	Title	Status
Timothy S. Green	Managing Partner	Current
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Name	Timothy S. Green	Subscribe to see more	Subscribe to see more	Subscribe to see more	Subscribe to see more
Work History
Title	Managing Partner	Subscribe to see more	Subscribe to see more	Subscribe to see more	Subscribe to see more
Status	Current	Subscribe to see more	Subscribe to see more	Subscribe to see more	Subscribe to see more

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