GTT Communications

GTT Communications

GTT Communications

Overview
Date Founded

2005

Headquarters

7900 Tysons One Place Suite 1450 McLean VA 22102

Type of Company

Public

Employees (Worldwide)

3,200

Industries

Cable, Satellite, and Radio Telecommunications
Wireless Telecommunications
Other Business & Consulting Services
Internet Software & Services
Computer Software

Company Description

GTT Communications, Inc. engages in the provision of cloud networking services to multinational clients. It offers broad portfolio of global services including private networking; Internet; optical transport; Software Defined Wide Area Networking; managed services; voice and unified communications; video transport; and access services. The company was founded by H. Brian Thompson on January 3, 2005 and is headquartered in McLean, VA.

Contact Data
Trying to get in touch with decision makers at GTT Communications? Subscribe today to access their professional contact information and receive a one time promotion of free Contact Data credits!
Executives & Employees

President & Chief Executive Officer

Controller, Chief Financial & Accounting Officer

General Counsel & Executive Vice President, Corporate Development

Chief Marketing Officer

Division President, Americas

Division President, Americas

Division President, Carrier

Senior Vice President, Business Operations & Systems

Senior Vice President, Global Engineering & Operations

Board of Directors

Founder at GTT Communications

President at Building Hope

President at The Erving Group, Inc.

Director at Cool Planet Energy Systems, Inc.

Managing Member at Spruce House Capital LLC

President & Chief Executive Officer at GTT Communications

Former Senior Vice President-Global Service Provider at Cisco Systems, Inc.

Former Director at GTT Communications

Head, Corporate Development & Mergers & Acquisitions North America at Wolters Kluwer NV

Director at GTT Communications

Paths to GTT Communications
Potential Connections via
Relationship Science
You
GTT Communications
Owners & Shareholders
Details Hidden

Spruce House Investment Management manages the Spruce House Partnership, a private pooled investment fund that seeks to achieve long-term capital appreciation. The fund invests in various securities and seeks to achieve its investment objective primarily through the purchase and long-term ownership of common stock. Spruce House is not subject to any limitation on the amount of the fund's capital that may be allocated to any one asset class, industry or investment. Spruce House tends to invest a significant amount of the fund's assets in their most attractive ideas and prefers a portfolio of concentrated positions. A portion of the assets may be invested in the securities of non-U.S. governments and companies which are generally denominated in foreign currencies, and Spruce House may use foreign currency forward contracts and options on foreign currencies. A portion of the fund's assets may be invested in the stocks of companies with micro- to medium-sized market capitalizations. Spruce House may invest in companies involved in (or the target of) acquisition attempts or tender offers or in companies involved in work-outs, liquidations, spin-offs, reorganizations, bankruptcies and similar transactions. Spruce House may purchase and sell options, employ the use of short sales and is authorized to engage in margin borrowing.

Details Hidden

Third Point employs an event-driven, value-oriented strategy that spans a broad range of industries, geographies and asset classes. The firm identifies opportunities using a combination of top-down asset allocation decisions and a bottom-up, value-oriented approach to single security analysis. They make investments globally, in both developed and emerging markets, in all sectors, and in equity, credit, commodity, currency, options and other instruments. Third Point prefers event-driven situations, in which they believe that a catalyst, either intrinsic or extrinsic, will unlock value or alter conditions through which the greater market values a particular investment. The firm invests in publicly-traded and privately placed debt and equity securities in the following strategies: Long or Short Special Situation and Value Equities; Long or Short High-Yield Corporate Credit; Long or Short Distressed Corporate Credit; Long or Short ABS; Risk Arbitrage; Long or Short Physical and Exchange-Traded Commodities; and Long or Short Currencies or Government Debt. Third Point may also engage in various transactions in foreign securities; credit default swaps; futures and swaps; venture capital, private equity and direct real estate investments; and securities options strategies.

Details Hidden

The strategy of the Partnership is to invest in securities that can be purchased at a significant discount to underlying economic value. The Partnership seeks to do so by combining investment expertise and the ability to be flexible across a variety of different asset classes, industries and geographies with fundamental analysis, thoughtful consideration of risk, intellectual honesty and a disciplined investment approach. In considering the composition of the overall portfolio, MFN will seek to identify investment opportunities that offer appropriate expected risk/return characteristics. In making investment decisions, the Partnership will rely on the advice of the firm (or their affiliates, as the case may be) rather than any specific objective criteria.

Recent Transactions
Details Hidden

GTT Communications purchases KPN EuroRings BV from Royal KPN NV

Details Hidden

GTT Communications raised money in a private placement transaction

Details Hidden

GTT Communications purchases Access Point, Inc. from Access Point Communications, Inc.

Insider Transactions
Details Hidden
Details Hidden
Details Hidden
Transaction Advisors
Legal Advisor

Advised onGTT Communications purchases Interoute Communications Ltd. from Crestview LLC, Aleph Capital Partners LLP

Underwriter

Advised onGTT Communications issued Common Stock

Auditor

Advised onGTT Communications issued Common Stock

Legal Advisor

Advised onGTT Communications purchases Interoute Communications Ltd. from Crestview LLC, Aleph Capital Partners LLP

Associate

Advised onGTT Communications purchases Megapath Corp. /Managed Services Business from Trident Capital, Inc., Columbia Capital, LLC, Rho Ventures, U.S. Venture Partners, KLM Capital Management, Inc., MegaPath Cloud Co. LLC, Performance Equity Management LLC

Legal Advisor

Advised onGTT Communications purchases United Network Service, Inc. from ABRY Partners LLC, M/C Partners, Ignition Venture Partners LLC, Key Venture Partners

Advisors & Consultants
Publicist

Managing Director & Principal at Lippert/Heilshorn & Associates, Inc.

Publicist

Vice President at Lippert/Heilshorn & Associates, Inc.

Clients

Iliad SA engages in providing Internet access and telecommunication services. The company offers fixed and mobile telephony services, prepaid phone cards and internet access providing and hosting services. It operates through France and Italy geographical segments. The company was founded by Xavier Niel on August 31, 1987 and is headquartered in Paris, France.

Cerner Corp. designs, develops, markets, installs, hosts and supports health care information technology, health care devices, hardware and content solutions for health care organizations and consumers. The company also provides value-added services, including implementation & training, remote hosting, operational management services, revenue cycle services, support and maintenance, health care data analysis, clinical process optimization, transaction processing, employer health centers, employee wellness programs and third party administrator services for employer-based health plans. It operates through the following segments: Domestic and Global. The Domestic segment includes revenue contributions and expenditures associated with business activity in the United States. The Global segment includes revenue contributions and expenditures linked to business activity in Aruba, Australia, Austria, the Bahamas, Belgium, Bermuda, Brazil, Canada, Cayman Islands, Chile, Denmark, Egypt, England, Finland, France, Germany, Guam, India, Ireland, Kuwait, Luxembourg, Malaysia, Mexico, Netherlands, Norway, Portugal, Qatar, Romania, Saudi Arabia, Singapore, Slovakia, Spain, Sweden, Switzerland and the United Arab Emirates. The company was founded by Neal L. Patterson, Clifford W. Illig and Paul N. Gorup in 1979 and is headquartered in North Kansas City, MO.

Nilfisk Holding A/S engages in the manufacturing and wholesale of floor cleaning machines, through its subsidiary. It includes high-pressure cleaners and industrial vacuum cleaners, and outdoor cleaning equipment. It also provides after-sales service for the professional cleaning industry. The company is headquartered in Brondby, Denmark.

Key Stats and Financials As of 2018
Market Capitalization
$441M
Total Enterprise Value
$4.38B
Earnings Per Share
$-4.8
Revenue
$1.49B
Net Profit
$-243M
EBITDA
$329M
EBITDAMargin
22.05%
Total Debt
$3.23B
Total Equity
$415M
Enterprise Value Sales
2.94x
Enterprise Value EBITDAOperating
13.32x
TEVNet Income
-17.99x
Debt TEV
0.74x
Three Year Compounded Annual Growth Rate Of Revenue
59.23%
Five Year Compounded Annual Growth Rate Of Revenue
56.78%
Investors
Details Hidden

Aleph Capital Partners is an independent investment firm based in London that works closely with companies, management teams and other important stakeholders as a long-term investor focused on value and business growth.

Details Hidden

BIA Digital Partners LLC provides junior capital to growing middle-market companies in the media and entertainment, telecommunications, information services and business services sectors. The firm has a mezzanine focus with their investments taking the form of subordinated debt with warrants. They may also make direct investments in equity securities. Portfolio companies typically have enterprise values ranging from $20 million to $100 million, recurring revenue of $15 million to $75 million and EBITDA greater than $2 million. The firm invests primarily in companies with US-based operations. Investments are typically mid- to late-stage and range from $5 million to $15 million and up to $25 million when limited partners or other firms provide co-investments. BIA Digital Partners invests in companies seeking capital for organic growth, acquisitions, LBOs, MBOs, recapitalizations and refinancing existing debt.

Suppliers
Sandvine Corp. Holding Companies | Waterloo, ON

Sandvine Corp. develops and markets network equipment and solutions for broadband and wireless operators. Its products include traffic search engine, cloud services policy controller, network security, policy traffic switch(PCS), maestro automation engine and subscribe policy broker(SPB).The company was founded by Don Bowman, Dave Nicholas Caputo, Tom Donnelly and Brad Siim in 2001 and is headquartered in Waterloo, Canada.

AT&T, Inc. Computer Software | Dallas, TX

AT&T, Inc. is a holding company, which engages in the provision of telecommunications media and technology service. It operates through the following four segments: Communications, Warner Media, Latin America and Xandar. The Communications segment provides services to businesses and consumers located in the U.S., or in U.S. territories, and businesses globally. The Warner Media segment develops, produces and distributes feature films, television, gaming and other content over various physical and digital formats. The Latin America segment provides entertainment and wireless services outside of the U.S. The Xandar segment provides advertising services. The company was founded in 1983 and is headquartered in Dallas, TX.

Net Insight AB IT Consulting & Services | Solna, AB

Net Insight AB engages in media network, resource optimization, and streaming solutions. It operates through the following geographical segments: Western Europe, Americas, and Rest of the World. The company was founded by Per Lindgren and Christer Bohm in 1997 and is headquartered in Solna, Sweden.

This web site is not endorsed by, directly affiliated with, maintained, authorized, or sponsored by GTT Communications. The use of any trade name or trademark is for identification and reference purposes only and does not imply any association with the trademark holder. The Presence of GTT Communications's profile does not indicate a business or promotional relationship of any kind between RelSci and GTT Communications.