M&A Deal Summary

ITIS Holdings Acquires INRIX Media

On December 12, 2007, ITIS Holdings acquired information services company INRIX Media from Dunedin for 17M GBP

Acquisition Highlights
  • This is ITIS Holdings’ 1st transaction in the Information Services sector.
  • This is ITIS Holdings’ 0th largest (disclosed) transaction.
  • This is ITIS Holdings’ 1st transaction in the United Kingdom.

M&A Deal Summary
Date 2007-12-12
Target INRIX Media
Sector Information Services
Buyer(s) ITIS Holdings
Sellers(s) Dunedin
Deal Type Add-on Acquisition
Deal Value 17M GBP

Target

INRIX Media

London, United Kingdom
website
INRIX Media Ltd. is a provider of real time traffic and travel information to broadcasters.

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Buyer(S) 1

Buyer

ITIS Holdings

Altrincham, United Kingdom

website

Category Company
Founded 1997
Sector Technology Hardware
Employees158
DESCRIPTION

ITIS was one of the early entrants into the then nascent UK traffic information market initially piggy backing its position in vehicle security probes to develop the first ‘Floating Vehicle Data’ methodology (“FVD”), now used widely in the market.

DEAL STATS #
Overall 1 of 1
Sector (Information Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (United Kingdom) 1 of 1
Year (2007) 1 of 1

Seller(S) 1

SELLER

Dunedin

Investor Investor Investor Investor

website

Category Private Equity Firm
Founded 1996
PE ASSETS 400M GBP
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Dunedin is a middle-market private equity firm focused on investments in the UK. Dunedin looks to invest in businesses with proven management, strong market positions/brands, positive cash-flow, significant barriers to entry, and strong opportunities for growth. Dunedin seeks businesses valued from £20 to £100 million. Targeted sectors include construction, building materials, consumer products/services, financial services, healthcare, leisure, specialist manufacturing, and support services. Dunedin was formed in 1996 and is based in Edinburgh with an additional office in London.

DEAL STATS #
Overall 12 of 34
Sector (Information Services) 1 of 1
Type (Add-on Acquisition) 4 of 12
Country (United Kingdom) 12 of 33
Year (2007) 4 of 4
Size (of disclosed) 9 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-06-26 Fernau Avionics

Luton, United Kingdom

Fernau Avionics Ltd. is a designer and manufacturer of Navigational Aids to the civil and military aviation markets.

Buy £16M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-01-08 Formaplex

Havant, United Kingdom

Formaplex is a dynamic manufacturing company that utilizes innovative processes with 'state of the art'​ manufacturing techniques to deliver cost-effective, superior tooling and component solutions for the plastics and composites industry. The company support high-profile customers across a variety of sectors, including automotive, aerospace, defense, motorsport, and commercial industry. It provides a fully integrated service capability including manufacturing of tooling and supply of injection-molded plastic components and composite parts to meet our customer’s delivery schedules. Component parts are supplied as individual items, complete assemblies, and where required, finished and painted. Formaplex was formed in 2001 and is based in Havant, United Kingdom.

Buy £19M
Mergr

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