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COMPANY HISTORY

The History of ITC Holding

Learn about the successful history of ITC Holding Company investing in and operating successful portfolio companies.

2017

Point Broadband

Founded in 2017.

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2016

NxTec

Founded in 2016.

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2017

Argo

Business Process Outsourcing.

Invested 2017

2015

Ordereze

Restaurant Website and Social Media Management.

Invested 2015

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2018

eCompany Store

Corporate Procurement Founded 1994. Clients include Cigna, Xerox, GoDaddy Microsoft, and many more.

Sold to Corporate Imaging Concepts (2018)

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2017

AMK9

Sold to Constellis for $31 Million (2017)

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2016

Hirenami

Founded in 2016.

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2016

Supplies on The Fly

Sold to Sysco for $56 Million (2016)

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2015

Talon Aerolytics

Founded in 2015

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2009

Instawares

Founded in 2009

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2008

ITC Partners Fund

Founded in 2008, Technology Ventures

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2006

Greater Valley

Founded 2006, over $200M in Real Estate Development

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2012

Knology

Internet, Telephone & Cable sold to WOW! For $1.5 Billion (2012)

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2007

Firethorn

Founded 2006, sold to Qualcomm for $210M in 2007

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2004

Capstone Funding, LLC

Founded in 2004, Capstone Funding, LLC. Over $60M in loan originations

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2006

ITC Commercial Funding, LLC

Founded 2006, over $23.6M in Brokered or Funded Commercial Real Estate Loans

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2006

PRE Solutions

Prepaid Services Founded 2000, Market Leader 2003. Sold to InComm in 2006 for $67 million, 60,000 locations and $500 million in Revenue

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2003

ITC Financial Services

Founded in 2003, $54M in Investment Capital

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2004

Mindspring

Market leading ISP

Merged with EarthLink, $1 Billion (2004)

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2003

Intercall

Conference Call Business Founded 1991, Leading Independent Provider

Acquired by West Corporation for $427M (2003)

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2001

Powertel

Founded 1990 as Intercel Wireless Services and in 1994 becomes Powertel

Acquired by Deutsche Telecom (T-Mobile), $4.2 Billion (2001)

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1997

ITC Delta Com

Regional phone company with leading regional CLEC and Fiber Network (1997)

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1999

Headhunter

Leading job search engine

Acquired by careerbuilder.net for $200M (1999)

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1990

Telecom USA

4th Largest Long Distance provider. Acquired by MCI, $1.2 Billion (1990)

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1896

ITC Phone Co.

Founded in 1896

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