M&A Deal Summary

Microsoft Acquires Lumenisity

On December 15, 2022, Microsoft acquired communications company Lumenisity from BGF

Acquisition Highlights
  • This is Microsoft’s 2nd transaction in the Communications sector.
  • This is Microsoft’s 14th transaction in the United Kingdom.

M&A Deal Summary

Date 2022-12-15
Target Lumenisity
Sector Communications
Buyer(s) Microsoft
Sellers(s) BGF
Deal Type Add-on Acquisition

Target

Lumenisity

Romsey, United Kingdom
Lumenisity develops and manufactures advanced cable solutions to address the need for high-speed transactions and bandwidth increases in high capacity communications systems. Lumenisity was founded in 2017 and is based in Romsey, United Kingdom.

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Buyer(S) 1

Buyer

Microsoft

Redmond, Washington, United States

Category Company
Founded 1975
Sector Software
Employees228,000
Revenue 245.1B USD (2024)
DESCRIPTION
Entrance to Microsoft's corporate headquarters in Redmond, Washington.
Entrance to Microsoft's corporate headquarters in Redmond, Washington.

Microsoft is a global technology company that offers a broad spectrum of software products, services, and devices designed to help individuals and organizations across various sectors. Its extensive portfolio includes the Windows operating systems, the Microsoft Office suite for productivity, and the Azure cloud computing platform, providing solutions for computing, analytics, storage, and networking. Microsoft also delves into enterprise applications with Dynamics 365, connects professionals via LinkedIn, and engages gamers through its Xbox brand and related services. Additionally, it offers internet services such as Bing for web search, Outlook.com for email, and Skype for communication. Microsoft was formed in 1975 and is based in Redmond, Washington.


DEAL STATS #
Overall 212 of 213
Sector: Communications M&A 2 of 2
Type: Add-on Acquisition M&A Deals 198 of 199
Country: United Kingdom M&A 14 of 14
Year: 2022 M&A 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-14 Miburo

New York, New York, United States

Miburo is a cyber threat analysis and research company specializing in the detection of and response to foreign information operations. Miburo is based in New York.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-09 Fungible

Santa Clara, California, United States

Fungible is a provider of data-centric computing and revolutionizing the performance, economics, reliability, and security of scale-out data centers. Fungible was formed in 2015 and is based in Santa Clara, California.

Buy -

Seller(S) 1

SELLER

BGF

Investor Investor Investor Investor Investor


Category Growth Capital Firm
Founded 2011
PE ASSETS 2.5B GBP
Size Large
Type Sector Agnostic
DESCRIPTION

Business Growth Fund (BGF) is a private investment firm focused on early and growth-stage investing across the UK. The Firm also invests in publicly traded companies. BGF's growth team looks to invest £1 to £15 million in small to mid-sized companies looking for additional capital to pursue growth. BGF was established in 2011 and is headquartered in London.


DEAL STATS #
Overall 96 of 131
Sector: Communications M&A 3 of 3
Type: Add-on Acquisition M&A Deals 51 of 70
Country: United Kingdom M&A 91 of 125
Year: 2022 M&A 25 of 26
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-12-14 Furniture Village

Slough, United Kingdom

Furniture Village is a UK retailer of sofa and bed brands, selling through its stores and growing online presence. Furniture Village was founded in 1989 and is based in Slough, United Kingdom.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-12-21 Wales Environmental

Cardiff, United Kingdom

Wales Environmental offers liquid waste removal and drainage services to commercial and domestic customers across Wales and the South West of England. Wales Environmental was founded in 1980 and is based in Cardiff, United Kingdom.

Sell -