M&A Deal Summary

Blancco Technology Group Acquires Blancco Oy

On April 17, 2014, Blancco Technology Group acquired software company Blancco Oy for 60M EUR

Acquisition Highlights
  • This is Blancco Technology Group’s 1st transaction in the Software sector.
  • This is Blancco Technology Group’s largest (disclosed) transaction.
  • This is Blancco Technology Group’s 1st transaction in Finland.

M&A Deal Summary

Date 2014-04-17
Target Blancco Oy
Sector Software
Buyer(s) Blancco Technology Group
Deal Type Add-on Acquisition
Deal Value 60M EUR

Target

Blancco Oy

Joensuu, Finland
Blancco Oy Ltd. is a provider of mobile device diagnostics and secure data erasure solutions.

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Buyer(S) 1

Buyer

Blancco Technology Group

Bishop's Stortford, United Kingdom

Category Company
Founded 1997
Sector Consumer Services
Employees300
Revenue 40M GBP (2022)
DESCRIPTION

Blancco Technology Group provides after-sales services for consumer technology companies worldwide. Blancco Technology Group was founded in 1997 and is based in Bishop's Stortford, the United Kingdom.


DEAL STATS #
Overall 6 of 7
Sector (Software) 1 of 2
Type (Add-on Acquisition) 5 of 6
Country (Finland) 1 of 1
Year (2014) 1 of 2
Size (of disclosed) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-04-19 Landela Electronics

Pretoria, South Africa

Landela Electronics (Proprietary) Ltd. is an independent set top box repair services.

Buy R21M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-09-23 SafeIT Security AB

Stockholm, Sweden

SafeIT Security AB is a provider of technology for managed data erasure in live storage environments.

Buy -