M&A Deal Summary

Alternative Networks Acquires ControlCircle

On January 23, 2014, Alternative Networks acquired internet software and services company ControlCircle for 65M USD

Acquisition Highlights
  • This is Alternative Networks’ 2nd transaction in the Internet Software and Services sector.
  • This is Alternative Networks’ largest (disclosed) transaction.
  • This is Alternative Networks’ 3rd transaction in the United Kingdom.

M&A Deal Summary

Date 2014-01-23
Target ControlCircle
Sector Internet Software and Services
Buyer(s) Alternative Networks
Deal Type Add-on Acquisition
Deal Value 65M USD
Advisor(s) Arma Partners (Financial)

Target

ControlCircle

London, United Kingdom
ControlCircle Ltd. is a provider of complex managed hosting and cloud-based services.

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Buyer(S) 1

Buyer

Alternative Networks

London, United Kingdom

Category Company
Founded 1994
Sector Communications
DESCRIPTION

Alternative has developed into a wide ranging technology and telecommunications services provider in UK market in what is undoubtedly the world’s fastest growing industry.


DEAL STATS #
Overall 3 of 3
Sector: Internet Software and Services M&A 2 of 2
Type: Add-on Acquisition M&A Deals 3 of 3
Country: United Kingdom M&A 3 of 3
Year: 2014 M&A 2 of 2
Size (of disclosed) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-01-08 Intercept IT

London, United Kingdom

Intercept IT Ltd. is a provider of cloud computing and virtualization services.

Buy £13M