M&A Deal Summary

Adapt Services Acquires eLINIA WebServices

On April 17, 2012, Adapt Services acquired internet software and services company eLINIA WebServices for 13M GBP

Acquisition Highlights
  • This is Adapt Services’ 1st transaction in the Internet Software and Services sector.
  • This is Adapt Services’ largest (disclosed) transaction.
  • This is Adapt Services’ 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2012-04-17
Target eLINIA WebServices
Sector Internet Software and Services
Buyer(s) Adapt Services
Deal Type Add-on Acquisition
Deal Value 13M GBP

Target

eLINIA WebServices

Cardiff, United Kingdom
eLINIA WebServices Ltd. is a provider of cloud computing services, secure managed hosting and infrastructure outsourcing. eLINIA’s innovative customer service structure, combined with the highest level of security and infrastructure management provision commercially available in the UK market, enables it to provide an exceptional level of responsiveness, agility, security and service to its customers.

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Buyer(S) 1

Buyer

Adapt Services

London, United Kingdom

Category Company
Founded 2001
Sector Internet Software and Services
Employees100
DESCRIPTION

Adapt Services Ltd. is a UK managed cloud services provider and integrator, enabling customers’ digital evolution.


DEAL STATS #
Overall 1 of 2
Sector (Internet Software and Services) 1 of 2
Type (Add-on Acquisition) 1 of 2
Country (United Kingdom) 1 of 2
Year (2012) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-06-24 Sleek Networks

Leeds, United Kingdom

Sleek Networks Ltd. is a cloud hosting provider.

Buy -