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Seaport Capital Sells MCV Broadband to NTT DOCOMO

Seaport Capital Sells MCV Broadband to NTT DOCOMO 
NEW YORK, NY -- (Marketwired) -- 05/22/13 --  Seaport Capital, a
private equity firm focused on investments in the communications,
information technology, and business services sectors, announced
today that it has completed the sale of MCV Broadband, the leading
triple-play cable television, internet, and telephone provider on
Guam, to NTT DOCOMO, INC., a Japan-based global operator of wireless
communications networks, for an enterprise value of approximately
$130 million USD.  
Since the company's acquisition by Seaport Capital in 2005, MCV has
upgraded its network and programming distribution capabilities, and
expanded its product offering from analog video to a fully-digitized
triple-play solution. Over the last two years, MCV has further
expanded its telephone, Internet, and video services to the
commercial market on Guam. 
The combined company will have the capability to offer a
fully-integrated quadruple-play video, internet, home telephone, and
mobile telephone solution leveraging the combined network
infrastructure of MCV and NTT DOCOMO's wholly-owned Guam subsidiary,
DOCOMO Pacific. 
"We are very excited about the combination of MCV with DOCOMO," said
MCV's Craig Thompson. "We are proud of all that we've accomplished
over the last 8 years with Seaport Capital, and very much appreciate
their support and investment." 
"We appreciate the efforts of Craig Thompson and his team at MCV over
the past 8 years," said Bill Luby, partner at Seaport Capital. "We
are proud of MCV's reputation as the premier communications provider
on Guam and consider it a testament to the team's commitment to
customer service. The DOCOMO-MCV combination will create a dynamic
company that will deliver even greater customer satisfaction in the
years ahead, and we wish the company continued success." 
Waller Capital Partners served as exclusive advisor to Seaport
Capital and MCV on the transaction. Kramer Levin Naftalis & Frankel
LLP served as legal counsel to Seaport Capital and MCV. 
About Seaport Capital
 Founded in 1997, Seaport Capital provides
capital to middle market companies in the communications, information
and business services sectors. Seaport works with talented management
teams to create valuable companies that are leaders in their market
segments. Seaport's extensive investing experience enables it to
develop winning strategies; its relationship and resources help
achieve them. The firm seeks to invest $5 to $25 million of equity
capital in each portfolio company. For additional information, visit
www.seaportcapital.com. 
About MCV Broadband
 MCV Broadband is the leading cable and internet
provider on Guam, offering cable television, internet and home
telephone to residential and commercial customers. MCV was the first
to bring "real-time" digital cable to Guam along with being the first
ISP registered in the Marianas. The company provides service to over
30,000 subscribers and employs over 200 island residents. For
additional information, visit http://www.mcvguam.com/. 
For more information, contact: 
Ramya Varma
Seaport Capital
212-847-8900
rvarma@seaportcapital.com  
Annie Gladue
Jedemi Communications for Seaport Capital
415-302-8990
annie@jedemi.com 
 
 
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