M&A Deal Summary

Spark New Zealand Acquires Revera

On May 7, 2013, Spark New Zealand acquired internet software and services company Revera for 85M NZD

Acquisition Highlights
  • This is Spark New Zealand’s 1st transaction in the Internet Software and Services sector.
  • This is Spark New Zealand’s 0th largest (disclosed) transaction.
  • This is Spark New Zealand’s 2nd transaction in New Zealand.

M&A Deal Summary
Date 2013-05-07
Target Revera
Sector Internet Software and Services
Buyer(s) Spark New Zealand
Deal Type Add-on Acquisition
Deal Value 85M NZD

Target

Revera

Auckland,, New Zealand
website
Revera Limited is a provider of cloud and data centre services for businesses. Company has success in managing critical data and systems for New Zealand's most important organisations.

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Buyer(S) 1

Buyer

Spark New Zealand

Auckland, New Zealand

website

Category Company
Founded 1987
Sector Communications
Employees4,921
Revenue 3.7B NZD (2022)
DESCRIPTION

Spark New Zealand is a provider of telecommunications, and information and communications technology (ICT) services in New Zealand and internationally. Spark New Zealand was founded in 1987 and is based in Auckland, New Zealand.

DEAL STATS #
Overall 4 of 5
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 4 of 5
Country (New Zealand) 2 of 3
Year (2013) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-05-01 PowerTel

Sydney,, Australia

PowerTel Limited offers data, voice, and Internet solutions.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-12-09 AAPT

Sydney, Australia

AAPT Ltd. is a provider of telecommunications infrastructure companies, offering voice, internet, data and cloud services for business and wholesale customers via its extensive national network.

Sell AU$450M
Mergr

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