Private Ownership, Limited liability company | |
Industry | Private Equity |
Founded | 1989 by Andrew Banks and Royce Yudkoff |
Headquarters |
111 Huntington Avenue Boston, Massachusetts, U.S. |
Products | Investments, private equity funds |
Total assets | $2.8 billion |
Number of employees
|
20 |
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 $18.0 billion of leveraged transactions and other private equity and mezzanine investments, representing investments in more than 450 media properties.
Current and previous areas of investment include cable television, publishing, radio and television broadcasting, and other media and communications sectors.
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.
In August 2015 ICANN President/CEO Fadi Chehadé announced that, after his term ends, he will take the position of Senior Advisor on Digital Strategy for ABRY.
The company's name derives from the initials of its two founders, Andrew Banks and Royce Yudkoff.
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,Atlantic Broadband,B&H EducationKidz Bop,Nexstar Broadcasting Group, and Thomsons Online Benefits