M&A Deal Summary

Center3 Acquires CMC Networks

On December 20, 2023, Center3 acquired communications company CMC Networks from The Carlyle Group

Acquisition Highlights
  • This is Center3’s 1st transaction in the Communications sector.
  • This is Center3’s 1st transaction in South Africa.

M&A Deal Summary
Date 2023-12-20
Target CMC Networks
Sector Communications
Buyer(s) Center3
Sellers(s) The Carlyle Group
Deal Type Add-on Acquisition

Target

CMC Networks

Sandton, South Africa
CMC Networks is a Pan-African provider of managed connectivity solutions for global telecoms providers. CMC has a network and office footprint spanning 50 countries in Africa, as well as an extensive Middle Eastern network and key connection points across the globe. Their propriety network allow global telecom companies to provide reliable and high-quality enterprise connectivity to corporate clients across Africa and the Middle East. CMC Networks was founded in 1989 and is based in Sandton, South Africa.

Search 202,904 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Center3

Riyadh, Saudi Arabia
Category Company
Sector Communications
DESCRIPTION

Center3 is a global data and communications hub, leveraging its strategic geographical position to link Europe, Asia, and Africa. With its extensive network of data centers and submarine cable systems, center3 is uniquely positioned to provide its specialized services across the region. Center3 is based in Riyadh, Saudi Arabia.

DEAL STATS #
Overall 1 of 1
Sector (Communications) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (South Africa) 1 of 1
Year (2023) 1 of 1

Seller(S) 1

SELLER

The Carlyle Group

Washington, District of Columbia, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1987
PE ASSETS 435.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION
Carlyle's corporate headquarters on Pennsylvania Ave. in Washington, DC.
Carlyle's corporate headquarters on Pennsylvania Ave. in Washington, DC.

The Carlyle Group is a global investment firm that pursues private equity, credit, and real estate investments worldwide. Carlyle's private equity practice practice pursues buyouts, strategic minority equity investments, equity private placements, consolidations and buildups, and growth capital financings. With offices in 19 countries, Carlyle can easily target opportunities throughout North America, Europe, Asia, Australia, the Middle East/North Africa and Latin America. Broad sectors of interest include aerospace, defense, automotive and transportation, consumer, retail, energy and power, financial services, healthcare, industrial, infrastructure, technology services, business services, telecommunications and media. The Carlyle Group was formed in 1987 and is based in Washington DC.

DEAL STATS #
Overall 472 of 482
Sector (Communications) 19 of 19
Type (Add-on Acquisition) 198 of 199
Country (South Africa) 3 of 3
Year (2023) 12 of 12
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-12-19 Exiger

New York, New York, United States

Exiger is an operator of global regulatory and financial crime, risk and compliance company. Exiger arms financial institutions, multinational corporations and governmental agencies with the practical advice and technology solutions they need to prevent compliance breaches, respond to risk, remediate major issues and monitor ongoing business activities. Exiger was founded in 2013 and is based in New York City.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-02-09 Jagex

Cambridge, United Kingdom

Jagex is a video game developer and publisher focused on creating a deep and engaging living game on PC and mobile. Its flagship RuneScape and Old School RuneScape, on PC and mobile, offer ever-evolving, highly active worlds, and community-focused development ethos empowers players to have a real say in how each game is shaped. Jagex was founded in 2000 and is based in Cambridge, United Kingdom.

Sell -
Mergr

Product

Company

Legal