M&A Deal Summary

Datatec Acquires Carotek - Information Technology Division

On June 4, 2007, Datatec acquired information technology company Carotek - Information Technology Division from Carotek for 7M USD

Acquisition Highlights
  • This is Datatec’s 3rd transaction in the Information Technology sector.
  • This is Datatec’s 4th largest (disclosed) transaction.
  • This is Datatec’s 1st transaction in the United States.
  • This is Datatec’s 1st transaction in North Carolina.

M&A Deal Summary
Date 2007-06-04
Target Carotek - Information Technology Division
Sector Information Technology
Buyer(s) Datatec
Sellers(s) Carotek
Deal Type Divestiture
Deal Value 7M USD

Target

Carotek - Information Technology Division

Matthews, North Carolina, United States
Carotek - Information Technology Division is a provider of integrated ICT solutions. Carotek - Information Technology Division based in Matthews, North Carolina.

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Buyer(S) 1

Buyer

Datatec

Johannesburg, South Africa

website

Category Company
Founded 1986
Sector Information Services
Employees10,000
Revenue 4.6B USD (2022)
DESCRIPTION

Datatec is a global ICT solutions and services group. Datatec was founded in 1986 and is based in Johannesburg, South Africa.

DEAL STATS #
Overall 4 of 7
Sector (Information Technology) 3 of 3
Type (Divestiture) 1 of 1
State (North Carolina) 1 of 1
Country (United States) 1 of 2
Year (2007) 3 of 5
Size (of disclosed) 4 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-04-11 Crane Telecommunications

West Sussex, United Kingdom

Crane Telecommunications Group Limited distributes voice, data, and converged communications solutions to companies in the United Kingdom, Ireland, the Netherlands, Belgium, and France.

Buy £21M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-06-13 Sparnoon-Dynatech South Africa

Sandton, South Africa

Sparnoon-Dynatech Group is one of the largest ICT distributors in sub-Saharan Africa with offices in Kenya, Nigeria, Tanzania and Uganda and logistic centres in the UK, Kenya and Dubai that provide rapid response to pricing requests and first-class logistics capabilities. It distributes Cisco, Dell, Epson, HP, Novell and TallyGenicom. The company has most recently been awarded the Cisco Distributor Partner of the Year and Cisco Value-Added Distributor of the Year for 2006.

Buy -

Seller(S) 1

SELLER

Carotek

Matthews, North Carolina, United States

website

Category Company
Founded 1965
Sector Distribution
DESCRIPTION

Carotek, Inc. is a process pump, control valve, steam/air/hydronics and process automation instrumentation distributor with a product offering that includes over 65 nationally recognized manufacturers of instrumentation, valves, pumps and steam products often included in our engineered skid packages.

DEAL STATS #
Overall 1 of 1
Sector (Information Technology) 1 of 1
Type (Divestiture) 1 of 1
State (North Carolina) 1 of 1
Country (United States) 1 of 1
Year (2007) 1 of 1
Size (of disclosed) 1 of 1
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