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Tag: Avista Capital Partners

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Avista Capital completes Telular acquisition

June 25, 2013SSN Staff

NEW YORK and CHICAGO—Avista Capital Partners has completed the acquisition of Telular, according to a news release. As previously announced, Joe Beatty has stepped down as CEO of Telular as part of the closing. Avista Capital's Allen Yurko will act as interim CEO while the board of directors conducts a search for a permanent successor, the release noted. “I am very pleased to be joining Telular at this exciting time,” Yurko said in the statement. “I look forward to working...

Avista Capital Partners, Physical Security, Telular

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Suppliers accuses Telular of taking intellectual property

May 22, 2013Tess Nacelewicz

VIENNA, Va.—, an interactive services provider based here, filed suit this week against Telular Corp., contending that Telular has been using's patent-protected products and services without permission as its contends that Telular has infringed on's patented systems and methods for providing users with wireless notification of alarm system events and also for monitoring a property using a mobile device. says the infringing products and services..., Avista Capital Partners, Jay Kenny, Physical Security, Telguard HomeControl, Telguard Interactive, Telular

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Telular to be acquired by Avista Capital in $253 million deal

May 1, 2013Rich Miller

CHICAGO and NEW YORK—Telular Corp., which provides cellular alarm communications equipment through its Telguard division, announced on Monday that it is being acquired by Avista Capital Partners in a deal valued at $253 million.Avista, a New York-based private equity firm that focuses on energy, health care and communications companies, is assuming $18.5 million debt as part of the deal, according to a news release from both companies. Avista is paying $12.61 per share, a premium of 31 percent...

Avista Capital Partners, cellular alarm communications, Joe Beatty, Shawn Welsh, Telguard, Telular Corp.

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