M&A Deal Summary

Axity Acquires Intellego

On October 30, 2017, Axity acquired information technology company Intellego from Southern Cross Group

Acquisition Highlights
  • This is Axity’s 1st transaction in the Information Technology sector.
  • This is Axity’s 1st transaction in Mexico.

M&A Deal Summary

Date 2017-10-30
Target Intellego
Sector Information Technology
Buyer(s) Axity
Sellers(s) Southern Cross Group
Deal Type Merger

Target

Intellego

Santa Fe, Mexico
Intellego is a Latin American company in the development of information management solutions and services. Intellego was founded in 1999 and is based in Santa Fe, Mexico.

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Buyer(S) 1

Buyer

Axity

Mexico, Mexico

Category Company
Sector Information Technology
Revenue 150M USD (2012)
DESCRIPTION

Axity is a Latin-American, integrated, end-to-end IT services provider. Axity´s portfolio of services is quite unique in the market, encompassing IT Strategy, Information Management (e.g., business intelligence), Application Management (e.g., ERPs, software development), IT Management, Security and Technology Infrastructure (e.g., communication and connectivity). Axity is based in Mexico.


DEAL STATS #
Overall 2 of 2
Sector: Information Technology M&A 1 of 1
Type: Merger M&A Deals 1 of 1
Country: Mexico M&A 1 of 1
Year: 2017 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-03-17 Sopho Business Communications

Sao Paulo, Brazil

Sopho is a preferred supplier for enterprise business solutions for the primary telecommunication operators throughout Brazil, including Telefonica, Telmex, and CTBC. Sopho is also a value-added distributor of 3Com and IBM Internet Protocol (IP) telephony products and Microsoft Office Communications Server, a Unified Communications solution providing presence, instant messaging, unified conferencing and enterprise voice solutions. Sopho was named the first Microsoft Gold Certified Partner in Brazil in September 2009 and is now offering these integrated voice and data solutions to its loyal customer base as a means to drive business productivity and reduce infrastructure costs.

Buy -

Seller(S) 1

DESCRIPTION

Southern Cross Group is a private equity firm that seeks investment opportunities in Latin and South America. Southern Cross only invests in control situations and does not focus on any specific industry. Southern Cross Group was formed in 1998 and is based in Greenwich, Connecticut with additional offices in Argentina, Chile, Mexico, and Brazil.


DEAL STATS #
Overall 11 of 15
Sector: Information Technology M&A 2 of 2
Type: Merger M&A Deals 1 of 1
Country: Mexico M&A 4 of 4
Year: 2017 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-06-01 Crezcamos

Bucaramanga, Colombia

Crezcamos provides microfinance services to small businesses and entrepreneurial households in small cities, towns, and rural areas. The company has 110,000 clients, 62 branches, 550 commercial reps and a gross loan portfolio that exceeds US$85 million. Crezcamos was established in 2008 and is based in Bucaramanga, Colombia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-01 Broadbandtech

Buenos Aires, Argentina

Broadbandtech is an internet services provider in Argentina and specializes in providing triple-play services through agreements with third parties in cities of the interior of the country. Broadbandtech is based in Buenos Aires, Argentina.

Buy -