OVERVIEW
The media and communications sector is made up of a combination of distribution networks, sources of content delivered through those networks, and providers of products and services to media and communications businesses. Increasingly, the major forms of distribution are undergoing dramatic transformation, allowing for the expansion of products, services, and content, and creating significant growth opportunities. We believe that these trends will create attractive investment opportunities for disciplined and experienced long-term investors.

DIAMOND CASTLE LEADERSHIP
Andy Rush, David Wittels and Stephen Bassford coordinate Diamond Castle's activities in the media and communications sector.

AREAS OF FOCUS
Diamond Castle has a broad investment focus that includes companies positioned across the range of distribution and content services, as well as providers of products and services to companies in this sector. We generally target companies that exhibit relatively stable cash flows, have attractive growth prospects and are well-positioned to benefit from the industry transformation discussed above.

DIAMOND CASTLE INVESTMENTS
Bonten Media Group, LLC Investment in a new company that was formed in partnership with management to acquire and operate television stations across the United States. Bonten's first acquisition, BlueStone TV Holdings, was a $230 million leveraged buyout of a leading group of stations in eight markets nationwide. Bonten subsequently completed an add-on acquisition in one of its existing markets.
REPRESENTATIVE PRIOR INVESTMENTS
WHILE AT DLJ MERCHANT BANKING
Nextel Partners Inc. Growth capital investment in the exclusive provider of Nextel brand communications services in an area covering 31 states and 53 million people.

Advanstar Communications

$900 million leveraged buyout of a leading business-to-business marketing and communications products and services company.

Katz Media Group $310 million leveraged buyout of a full-service media representation firm serving all types of broadcast media.
ABOUT | INVESTMENT FOCUS | PORTFOLIO | TEAM | NEWS
CONTACT | INVESTOR LOG-IN | TERMS OF USE | HOME