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Divestiture • Communications

AAPT Acquires Nextep Pty

On December 31, 2012, AAPT acquired communications company Nextep Pty from NEC Australia Pty for 6M NZD

Acquisition Context
  • This is AAPT’s 1st transaction in the Communications sector.
  • This is AAPT’s 0th largest (disclosed) transaction.
  • This is AAPT’s 1st transaction in Australia.

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M&A Deal Summary
Date December 31, 2012
Target Nextep Pty
Sector Communications
Buyer(s) AAPT
Sellers(s) NEC Australia Pty
Deal Type Divestiture
Deal Value 6M NZD

Target Company

Nextep Pty

Melbourne,, Australia
Nextep Pty Ltd is a provider of high speed broadband solutions and company offers an integrated suite of award winning products and services.
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Buyer Overview 1

Buyer

AAPT

Sydney, Australia
Category Company
Founded 1991
Sector Communications
DESCRIPTION

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.

Deal Context for Buyer #
Overall 1 of 1
Sector: Communications 1 of 1
Type: Divestiture 1 of 1
Country: Australia 1 of 1
Year: 2012 1 of 1

Seller Profile 1

SELLER

NEC Australia Pty

Mulgrave, Australia
Category Company
Founded 1969
Sector Technology Hardware
DESCRIPTION

NEC Australia Pty Ltd. is a provider of information and communications technology solutions and services.

Deal Context for Seller #
Overall 1 of 1
Sector: Communications 1 of 1
Type: Divestiture 1 of 1
Country: Australia 1 of 1
Year: 2012 1 of 1

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