M&A Deal Summary

Dimension Data Acquires GK Communications

On January 1, 1999, Dimension Data acquired information technology company GK Communications from ECI Partners for 21M GBP

Acquisition Highlights
  • This is Dimension Data’s 1st transaction in the Information Technology sector.
  • This is Dimension Data’s largest (disclosed) transaction.
  • This is Dimension Data’s 1st transaction in the United Kingdom.

M&A Deal Summary
Date 1999-01-01
Target GK Communications
Sector Information Technology
Buyer(s) Dimension Data
Sellers(s) ECI Partners
Deal Type Add-on Acquisition
Deal Value 21M GBP

Target

GK Communications

United Kingdom
GK Communications is a provider of computer networking products.

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Buyer(S) 1

Buyer

Dimension Data

Johannesburg, South Africa

website

Category Company
Founded 1983
Sector Information Technology
DESCRIPTION

Dimension Data is a specialist IT services and solution provider, helps clients plan, build, support and manage their IT infrastructures. Dimension Data applies its expertise in networking, converged communications, security, data centre solutions, Microsoft and contact centre technologies, and its unique skills in consulting, integration and managed services to create customised client solutions.

DEAL STATS #
Overall 1 of 10
Sector (Information Technology) 1 of 5
Type (Add-on Acquisition) 1 of 8
Country (United Kingdom) 1 of 1
Year (1999) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2004-03-12 Proxicom

Reston, Virginia, United States

Proxicom, Inc. is an internationally recognized Internet consulting firm, delivering custom-tailored web applications, industry-specific solutions, and system integration services to Global 1000 organizations. Proxicom provides specialized technology development expertise across a number of select industry groups including: Automotive, Healthcare, Government and Financial Services. Founded in 1991 as a systems integrator, Proxicom has developed and built web solutions for such companies as ExxonMobil, Chevron, Dupont, Mazda North American Operations, GMAC and Toyota Motor Sales, among many others.

Sell -

Seller(S) 1

SELLER

ECI Partners

Investor Investor Investor Investor Investor

website

Category Private Equity Firm
Founded 1976
PE ASSETS 1.7B GBP
Size Large
Type Sector Agnostic
DESCRIPTION

ECI Partners is a private equity firm focused on the smaller middle-market company that invests in growing businesses valued up to £300m. ECI looks for UK businesses or businesses with a substantial presence in the UK. Funds are generally used to support expansion, acquisitions, management buyouts, buy-ins, turnarounds, and refinancing. Target sectors include IT services, support services, Insurance, and SME services. ECI will not invest in early-stage companies. ECI Partners was formed in 1976 and has offices in London, Manchester, and New York.

DEAL STATS #
Overall 14 of 76
Sector (Information Technology) 3 of 13
Type (Add-on Acquisition) 5 of 39
Country (United Kingdom) 13 of 71
Year (1999) 1 of 2
Size (of disclosed) 28 of 35
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1998-08-01 MTL Trust Holdings

London, United Kingdom

MTL Trust Holdings is a bus company provides transportation services.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1999-05-01 NCC Group

Manchester, United Kingdom

NCC Group is a information assurance specialist, passionate about changing the shape of the Internet and making it a safer place. Through an unrivalled range of services, it provide organisations with freedom from doubt that their most important assets are protected and operating as they should be at all times. NCC Group was founded in 1999 and is based in Manchester, the United Kingdom.

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