Quadrangle Group LLC and 2 others invest in US LEC Corp.

On April 12, 2000, Quadrangle Group LLC, THL Partners and Bain Capital Private Equity invested in US LEC Corp., a communications company in North Carolina, United States.

Deal at a glance

AnnouncedApril 12, 2000 TypeGrowth Capital TargetUS LEC Corp. Buyers Quadrangle Group LLC
THL Partners
Bain Capital Private Equity SectorCommunications LocationNorth Carolina, United States ValueNot disclosed

Target company

US LEC Corp.

North Carolina, United States

Communicationssector

-founded

Activestatus

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Buyers (3)

Quadrangle Group LLC Lead

Private equity firm · 33 deals on record

THL Partners Co-investor

Private equity firm · 86 deals on record

Bain Capital Private Equity Co-investor

Private equity firm · 236 deals on record

2nd transaction for the lead buyer in communications
4th transaction in United States

33deals, all time

12in this sector

2010latest

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Questions about this deal

Who acquired US LEC Corp.?Quadrangle Group LLC, THL Partners and Bain Capital Private Equity invested in US LEC Corp. on April 12, 2000.

What type of deal was it?It was a growth capital in the communications sector in 2000.

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