| Buyer | Seller | Comments | |
|---|---|---|---|
| 1. | Silver Lake Partners, Bain Capital LLC, Blackstone Group LP, Kohlberg Kravis Roberst & Co., Texas Pacific Group, Goldman Sachs Capital Partners, and Providence Equity Partners Inc. | SunGard Data Systems Inc. | $11.3 billion; Software and processing technology for the financial services industry; Rev. $3.6 billion, Net inc. $453.6MM |
| 2. | IAC/InterActive Corp | Ask Jeeves, Inc. | $1.85 billion in stock; Internet search engine; Rev $261.3MM. Net inc. $53.1MM |
| 3. | T&F Informa plc (Informa Group Plc — U.K.) |
IIR Holdings Limited (U.K.) | $1.4 billion; Organizer of conferences and exhibitions, and developer of custom training services for corporations and governments; 2004 rev. $572.6MM, 2004 EBITDA $87.8MM |
| 4. | Providence Equity Partners, Inc. |
Recoletos S.A. (Spain) | $1.2 billion for a 25.5% stake in this Spanish media group; Publisher of newspapers, magazines and other consumer media |
| 5. | Hellman & Friedman | DoubleClick | $1.1 billion; Ad management and data services provider; Rev. $301.6MM, Op. inc. $22MM |
| 6. | Google Inc. | America Online Inc (Time Warner) | $1 billion investment for a five percent stake in AOL; As part of the deal, a greater amount of AOL content to be made available on Google, while the companies' previous advertising agreement will also be expanded |
| 7. | NASDAQ Stock Market, Inc. |
Reuters | $1 billion for its 62% stake in Instinet; Financial news and information; Pre-tax profit $105.9MM; NASDAQ buying the remainder from other shareholders in total deal valued at $1.9 billion |
| 8. | GfK Aktiengesellschaft (Germany) |
United Business Media | $729MM for NOP World; Syndicated and custom primary research and consulting support services; Rev. $424.4MM, EBITDA $38.3MM |
| 9. | Per-Se Technologies, Inc. | NDCHealth Corporation | $665MM plus assumption of debt; Acquired NDC's physician, hospital and retail pharmacy information businesses |
| 10. | JPMorgan Partners (J.P. Morgan Chase & Co.) |
Veronis Suhler Stevenson | $650MM for Hanley Wood; Media company serving the building and construction markets; Rev $225MM, EBITDA $46MM |
