M&A Deal Summary

Lumine Group Acquires VAS-X Pty

On January 28, 2021, Lumine Group acquired communications company VAS-X Pty

Acquisition Highlights
  • This is Lumine Group’s 1st transaction in the Communications sector.
  • This is Lumine Group’s 1st transaction in Australia.

M&A Deal Summary

Date 2021-01-28
Target VAS-X Pty
Sector Communications
Buyer(s) Lumine Group
Deal Type Add-on Acquisition

Target

VAS-X Pty

Queensland, Australia
VAS-X Pty Ltd. is a provider of modular mission-critical billing, customer management, real-time recharge, credit management, and fulfillment on-demand system solutions to converged communication services providers and mobile virtual network aggregators. VAS-X Pty is based in Queensland, Australia.

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Buyer(S) 1

Buyer

Lumine Group

Mississauga, Ontario, Canada

Category Company
Sector Communications
DESCRIPTION

Lumine Group is a provider of communications and media software portfolios. Lumine offers communications and media software companies the ability to grow, retain independence, and focus on the needs of their customers and employees, with the strong financial backing of Volaris. Lumine Group is based in Mississauga, Ontario.


DEAL STATS #
Overall 1 of 15
Sector: Communications M&A 1 of 3
Type: Add-on Acquisition M&A Deals 1 of 10
Country: Australia M&A 1 of 1
Year: 2021 M&A 1 of 5
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-04 TransMedia Dynamics

Buckinghamshire, United Kingdom

TransMedia Dynamics Ltd. is a provider of content supply chain software for innovative media & entertainment, government and archive organizations. TransMedia Dynamics was founded in 1998 and is based in Buckinghamshire, Unite Kingdom.

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