M&A Deal Summary

Adapt Services Acquires Sleek Networks

On June 24, 2013, Adapt Services acquired internet software and services company Sleek Networks

Acquisition Highlights
  • This is Adapt Services’ 2nd transaction in the Internet Software and Services sector.
  • This is Adapt Services’ 2nd transaction in the United Kingdom.

M&A Deal Summary

Date 2013-06-24
Target Sleek Networks
Sector Internet Software and Services
Buyer(s) Adapt Services
Deal Type Add-on Acquisition

Target

Sleek Networks

Leeds, United Kingdom
Sleek Networks Ltd. is a cloud hosting provider.

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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 2 of 2
Sector: Internet Software and Services M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
Country: United Kingdom M&A 2 of 2
Year: 2013 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-04-17 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.

Buy £13M