M&A Deal Summary |
|
|---|---|
| Date | 2022-11-02 |
| Target | Lumen - EMEA Business |
| Sector | Communications |
| Buyer(s) | Colt Technology Services Group |
| Sellers(s) | Lumen |
| Deal Type | Divestiture |
| Deal Value | 1.8B USD |
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| Category | Company |
|---|---|
| Founded | 1992 |
| Sector | Communications |
| Revenue | 1.5B GBP (2014) |
Colt Technology Services Group Ltd. provides high bandwidth services for enterprises and wholesale customers in Europe, Asia, and North America’s largest business hubs. The company enables the digital transformation of businesses through its intelligent, purpose-built, cloud-integrated network, known as the Colt IQ Network. Colt Technology Services was formed in 1992 and is based in London.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 3 |
| Sector (Communications) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| Country (United Kingdom) | 2 of 2 |
| Year (2022) | 1 of 1 |
| Size (of disclosed) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-11-13 |
Colt - Cloud Business
United States Colt - Cloud Business is a provider of cloud technologies and support services across 10 countries (the UK, France, Germany, Spain, the Netherlands, Belgium, Italy, India, Romania and Switzerland). Colt Managed cloud employs staff working across operations, transition and engagement, presales, service management and support functions and has around 600 customers across multiple verticals including financial services, media and government, which will benefit from a long term, secure and seamless provision of services. |
Sell | - |
| Category | Company |
|---|---|
| Founded | 1968 |
| Sector | Communications |
| Employees | 29,000 |
| Revenue | 17.5B USD (2022) |
Lumen is an integrated communications company engaged in providing an array of communications services to residential, business, governmental and wholesale customers. CenturyLink's communications services include local and long-distance, network access, private line (including special access), public access, broadband, data, managed hosting (including cloud hosting), colocation, wireless and video services. In certain local and regional markets, the Company also provides local access and fiber transport services to competitive local exchange carriers (CLECs) and security monitoring. Lumen was established in 1968 and is based in Monroe, Louisiana.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 5 |
| Sector (Communications) | 3 of 4 |
| Type (Divestiture) | 4 of 5 |
| Country (United Kingdom) | 1 of 1 |
| Year (2022) | 1 of 1 |
| Size (of disclosed) | 4 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-08-03 |
Lumen Technologies-ILEC Business
Monroe, Louisiana, United States Lumens' ILEC (incumbent local exchange carrier) business, includes its consumer, small business, wholesale and mostly copper-served enterprise customers and assets. Lumen Technologies-ILEC Business is based in Monroe, Louisiana. |
Sell | $7.5B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-10-10 |
Lumen - Select Content Delivery Customer Contracts
Monroe, Louisiana, United States Lumen's Select Content Delivery Customer Contracts provides an array of communications services. |
Sell | - |
