- Companies
- Bresnan Communications
Bresnan Communications Valuation, Funding & Investors
Bresnan Communications is valued at $1.3B as of February 1999.
Last Bresnan Communications valuation
$1.3B
Strategic investment · Feb 1999
Last Bresnan Communications funding round
Strategic investment
Amount undisclosed · Feb 1999
Key investors in Bresnan Communications
Bresnan Communications Overview
About Bresnan Communications
Bresnan Communications was a United States cable television operator that served small and mid-sized markets. Bresnan Communications Company L.P. was formed to combine the existing Bresnan systems with cable systems contributed by Tele-Communications Inc. The partnership served about 644,000 subscribers after the combination. The company provided analog and digital television and cable internet services to residential customers. It was managed by the Bresnan family, which kept a 10 percent holding. Charter Communications agreed to acquire the partnership in 1999. The business was built by William Bresnan, a veteran cable executive who had earlier run Teleprompter. Its systems were located mainly in Michigan, Minnesota, Wisconsin and Nebraska.
HQ
Status
Privately held
Customer focus
B2C
Revenue model
Subscription
Valuation
$1.3B (Feb 1999)
Sectors
Bresnan Communications Valuation
Bresnan Communications is currently valued at $1.3B, based on its strategic investment round in February 1999. Read the announcement ↗
The round included Blackstone.
Bresnan Communications valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Feb 1999 | Strategic investment | $1.3B |
Bresnan Communications Funding History
Bresnan Communications has raised 1 funding round.
| Date | Stage | Investors | Valuation | Deal Summary |
|---|---|---|---|---|
| Feb 1999 | Strategic investment | Blackstone | $1.3B | Blackstone took about a 40 percent stake in the new Bresnan Communications Company partnership, which closed in early 1999 after being announced in June 1998. Through Blackstone Capital Partners III Merchant Banking Fund and an undisclosed cash contribution, Blackstone became a partner with Tele-Communications Inc affiliate TCIC, which held 50 percent, and Bresnan, which retained 10 percent and managed the systems. The partnership combined roughly 228,000 existing Bresnan subscribers with about 416,000 subscribers from systems contributed by TCI, for a combined base of around 644,000. A trade report estimated the transaction at about 832 million dollars, while another report put the buyout at 1.25 billion dollars. It was Blackstone third cable investment. Charter Communications agreed in June 1999 to acquire the partnership. |
Who has invested in Bresnan Communications?
1 investor has backed Bresnan Communications across its funding rounds, including Blackstone.
Bresnan Communications Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
This data is available for Pro users. Sign up to see all 1 Bresnan Communications investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialBresnan Communications Competitors
Bresnan Communications competitors include listed companies like Jishi Media, Entel, Merit Interactive and Guizhou Broadcasting & TV, and private ones like Airalo and Telenor (IoT unit).
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $298M | $75M | $1.3B | - | ||
| Publicly listed | $3B | $704M | $1.3B | 1.0x | ||
| Publicly listed | $77M | $5M | $1.2B | - | ||
| Publicly listed | $190M | ($67M) | $1.2B | - | ||
| Private | $59M | - | $1B | 16.9x | ||
| Private | $140M | $45M | $810M | 5.8x |
Bresnan Communications Public Comps
Bresnan Communications is still privately-owned, but its public comps include Jishi Media, Entel, Merit Interactive, Guizhou Broadcasting & TV, Gamma Communications, Digi Communications, Jefferson Capital, CITIC Telecom International, Guangdong South New Media and Paltel Group.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $298M | $75M | 6.7x | - | 26.5x | - | |||
| $3B | $704M | 1.1x | 1.0x | 4.8x | 3.7x | |||
| $77M | $5M | 15.3x | - | 221.6x | - | |||
| $190M | ($67M) | 12.0x | - | (33.9x) | - | |||
| $867M | $176M | 1.5x | 1.5x | 7.6x | 7.0x | |||
| $2.5B | $751M | 1.6x | 1.5x | 5.3x | 4.5x | |||
| $613M | $224M | 4.1x | 3.6x | 11.3x | 7.0x | |||
| $1.2B | $245M | 1.1x | 1.1x | 5.4x | 5.4x | |||
This data is available for Pro users. Sign up to see all Bresnan Communications competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Bresnan Communications
| Where is Bresnan Communications headquartered? | Bresnan Communications is headquartered in White Plains, United States. |
| Is Bresnan Communications publicly listed? | No, Bresnan Communications is a private, VC-backed company. |
| What is Bresnan Communications' valuation? | Bresnan Communications was last valued at $1.3B in its strategic investment round in February 1999. |
| What was Bresnan Communications' last funding round? | Bresnan Communications' last funding round was a strategic investment round in February 1999. |
| Who are Bresnan Communications' investors? | Bresnan Communications' investors include Blackstone. |
| Which companies are comparable to Bresnan Communications? | Companies comparable to Bresnan Communications include Jishi Media, Entel, Merit Interactive, Guizhou Broadcasting & TV, Airalo and Telenor (IoT unit). |
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