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M&A Deal Summary

AAPT Acquires Nextep Pty

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

Acquisition Highlights
  • 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.

M&A Deal Summary
Date 2012-12-31
Target Nextep Pty
Sector Communications
Buyer(s) AAPT
Sellers(s) NEC Australia Pty
Deal Type Divestiture
Deal Value 6M NZD

Target

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(S) 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 STATS #
Overall 1 of 1
Sector: Communications M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Australia M&A 1 of 1
Year: 2012 M&A 1 of 1

Seller(S) 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 STATS #
Overall 1 of 1
Sector: Communications M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Australia M&A 1 of 1
Year: 2012 M&A 1 of 1
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