M&A Deal Summary

The Abraaj Group Acquires ITS InfoCom

On September 1, 2009, asset manager The Abraaj Group acquired media company ITS InfoCom

Acquisition Highlights
  • This is The Abraaj Group’s 10th transaction in the Media sector.
  • This is The Abraaj Group’s 1st transaction in Texas.

M&A Deal Summary

Date 2009-09-01
Target ITS InfoCom
Sector Media
Buyer(s) The Abraaj Group
Deal Type Buyout (LBO, MBO, MBI)

Target

ITS InfoCom

Rowlett, Texas,
ITS InfoCom is a leading provider of remote infrastructure management (RIM) services in Central America and the Caribbean. The company also has a presence in Colombia and the US. One of ITS’s main services is the monitoring and support of solutions for networks and servers, such as control and tracking of events and system changes. This full-service support is backed by service level agreements.

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Buyer(S) 1

Buyer

The Abraaj Group

Dubai, United Arab Emirates

Category Asset Manager
Founded 2002
PE ASSETS 7.4B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Abraaj Capital Limited is a private equity firm that seeks investments in the Middle East, North Africa, and South Asia. Abraaj looks for stable, mature businesses and uses a 'buy and build' strategy for growth. Areas of interest include aerospace, healthcare, transportation, financial services, leisure, education, energy, and manufacturing. In addition to its buyout and growth capital investments, Abraaj also invests in real estate and infrastructure. Abraaj Capital was formed in 2002 and is based in Dubai.


DEAL STATS #
Overall 80 of 182
Sector: Media M&A 10 of 16
Type: Buyout (LBO, MBO, MBI) M&A Deals 73 of 144
State: Texas M&A 1 of 1
Country: M&A 1 of 4
Year: 2009 M&A 16 of 20
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-08-01 Computer Warehouse Group

Lagos, Nigeria

Computer Warehouse Group Ltd (CWG) was incorporated in 1992 as a support company in the information and communication technologies industry. The company operates in major segments of the ICT market, namely hardware and enterprise systems, software development and networks integration and communications. The company has experienced phenomenal growth due to intrinsic values such as quality service delivery, strategic partnerships with major OEMs and a pool of high-rated certified IT professionals.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-10-01 Pancake House Group

Makati City, Philippines

Pancake House Group, Inc. is an operator of fast casual dining chain in the philippines. The company owns and operates seven restaurant brands—Pancake House, Dencio’s, Teriyaki Boy, Sizzlin’ Pepper Steak, Le Coeur de France, The Chicken Rice Shop and Yellow Cab Pizza.

Buy -