M&A Deal Summary

BT Group Acquires B.I.C. Systems Group

On October 25, 2004, BT Group acquired diversified company B.I.C. Systems Group for 17M GBP

Acquisition Highlights
  • This is BT Group’s 1st transaction in the Diversified sector.
  • This is BT Group’s 8th largest (disclosed) transaction.
  • This is BT Group’s 1st transaction in the United Kingdom.

M&A Deal Summary
Date 2004-10-25
Target B.I.C. Systems Group
Sector Diversified
Buyer(s) BT Group
Deal Type Add-on Acquisition
Deal Value 17M GBP

Target

B.I.C. Systems Group

Belfast, United Kingdom
B.I.C. Systems Group Ltd. provides information technology and networking solutions.

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Buyer(S) 1

Buyer

BT Group

London, United Kingdom
Category Company
Founded 1980
Sector Communications
Employees91,700
Revenue 20.7B GBP (2023)
DESCRIPTION

BT Group is a provider of telecommunications networks and services. BT Group was founded in 1980 and is based in London, United Kingdom.

DEAL STATS #
Overall 1 of 21
Sector (Diversified) 1 of 1
Type (Add-on Acquisition) 1 of 18
Country (United Kingdom) 1 of 8
Year (2004) 1 of 2
Size (of disclosed) 8 of 9
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2004-11-08 Infonet Services

El Segundo, California, United States

Infonet Services Corporation a provider of voice and data network services. Infonet Services Corporation provides cross-border managed voice and data communications services to multinational entities.

Buy $965M
Mergr

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