Members of Portland Private Equity invested in Columbus in 2005 through an earlier investment vehicle. At that time, we secured an allocation from the company for the AIC Caribbean Fund which had just begun fundraising. In 2005, Columbus’ business was relatively simple as it was limited to providing cable services to Bahamas. By the time of AIC Caribbean Fund’s investment in early 2007, the company was starting to expand through executing a strategy that involved rolling-up acquired key “wholesale and retail” broadband assets throughout the region. A full exit was achieved when Columbus was acquired by Cable & Wireless.
Portland Private Equity
Douglas Hewson
Bush Hill & Bay Street, St. Michael,
BB 14038, Barbados, W.I.
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