M&A Deal Summary

Logicalis Group Acquires Corpnet Pty

On May 1, 2012, Logicalis Group acquired information technology company Corpnet Pty from e-Business Systems for 3M USD

Acquisition Highlights
  • This is Logicalis Group’s 1st transaction in the Information Technology sector.
  • This is Logicalis Group’s 3rd largest (disclosed) transaction.
  • This is Logicalis Group’s 1st transaction in Australia.

M&A Deal Summary
Date 2012-05-01
Target Corpnet Pty
Sector Information Technology
Buyer(s) Logicalis Group
Sellers(s) e-Business Systems
Deal Type Divestiture
Deal Value 3M USD

Target

Corpnet Pty

Brisbane, Australia
website
Corpnet is a Brisbane-based data centre integrator and managed services provider, which delivers business and technology solutions to mid-market and enterprise clients throughout Australia.

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Buyer(S) 1

Buyer

Logicalis Group

Slough, United Kingdom

website

Category Company
Founded 1988
Sector Information Technology
DESCRIPTION

Logicalis Group Ltd. is an international IT solutions and managed services provider with a breadth of knowledge and expertise in communications and collaboration; data centre and cloud services; and managed services.

DEAL STATS #
Overall 2 of 17
Sector (Information Technology) 1 of 12
Type (Divestiture) 1 of 4
Country (Australia) 1 of 2
Year (2012) 1 of 2
Size (of disclosed) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-03-17 Inca Software

Slough, United Kingdom

Inca Software Ltd. is a provider of planning, reporting and forecasting solutions.

Buy £7M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-11-09 Cibercall S.A. - Colombia & Ecuador Operations

Colombia

Cibercall S.A. - Colombia & Ecuador Operations is a provider of voice, data and video services solutions in the regions of Central America, northern South America and the Caribbean. The operations are located in Colombia and Ecuador.

Buy -

Seller(S) 1

SELLER

e-Business Systems

Chislehurst, United Kingdom

website

Category Company
Founded 1999
Sector Internet Software and Services
DESCRIPTION

e-Business Systems Ltd. design, build and maintain e-commerce websites which are effective and easy to use. Company specialise in integrating clients' e-commerce websites with their own back office systems, with their suppliers' systems, with their customers' systems, with third party market place systems and with e-procurement systems.

DEAL STATS #
Overall 1 of 1
Sector (Information Technology) 1 of 1
Type (Divestiture) 1 of 1
Country (Australia) 1 of 1
Year (2012) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-01-01 Corpnet Pty

Brisbane, Australia

Corpnet is a Brisbane-based data centre integrator and managed services provider, which delivers business and technology solutions to mid-market and enterprise clients throughout Australia.

Buy -
Mergr

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