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  6. Avema Acquires Breakaway Services

M&A Deal Summary

Avema Acquires Breakaway Services

On April 9, 2012, Avema acquired business services company Breakaway Services

Acquisition Highlights
  • This is Avema’s 1st transaction in the Business Services sector.
  • This is Avema’s 1st transaction in the United States.
  • This is Avema’s 1st transaction in Colorado.

M&A Deal Summary
Date 2012-04-09
Target Breakaway Services
Sector Business Services
Buyer(s) Avema
Deal Type Add-on Acquisition

Target

Breakaway Services

Greenwood Village, Colorado, United States
Breakaway Services is a professional services firm focused on the many challenges faced by corporations and other entities in managing telecommunications services, assets and expenses.

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Buyer(S) 1

Buyer

Avema

Greenwood Village, Colorado, United States
Category Company
Founded 1995
Sector Internet Software and Services
DESCRIPTION

Avema, the developer of wireless expense management, telecom expense management, and telecom audit software.

DEAL STATS #
Overall 2 of 2
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: Colorado M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2012 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-04-04 Datex Technologies Corp

Canada

Datex, the provider of Billing Support Systems (BSS), Operations Support Systems (OSS), asset management and training to service providers, and communications management systems for the enterprise.

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