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  5. BT Group Acquires Tikit

M&A Deal Summary

BT Group Acquires Tikit

On November 14, 2012, BT Group acquired information technology company Tikit for 64M GBP

Acquisition Highlights
  • This is BT Group’s 6th transaction in the Information Technology sector.
  • This is BT Group’s 7th largest (disclosed) transaction.
  • This is BT Group’s 5th transaction in the United Kingdom.
Investment Fate
  • Tikit was divested to a consortium of strategic buyers in 2020.

M&A Deal Summary
Date 2012-11-14
Target Tikit
Sector Information Technology
Buyer(s) BT Group
Deal Type Add-on Acquisition
Deal Value 64M GBP

Target

Tikit

London, United Kingdom
Tikit Ltd. is a provider of technology solutions and services for law and other professional services firms. From software applications and support to IT outsourcing, networks, and hosting. Tikit was founded in 1994 and is based in London, United Kingdom.

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Buyer(S) 1

Buyer

BT Group

London, United Kingdom
Category Company
Founded 1980
Sector Communications
Employees85,300
Revenue 20.4B GBP (2025)
DESCRIPTION

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

DEAL STATS #
Overall 16 of 21
Sector: Information Technology M&A 6 of 6
Type: Add-on Acquisition M&A Deals 15 of 18
Country: United Kingdom M&A 5 of 8
Year: 2012 M&A 1 of 1
Size (of disclosed) 7 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-08-11 Moorhouse Consulting

London, United Kingdom

Moorhouse Consulting Ltd. provides consulting services and helps organisations design and deliver successful transformation.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-02-25 ESPN UK television

London, United Kingdom

ESPN UK television channel broadcasts live sports rights portfolio, including the FA Cup, Clydesdale Bank Scottish Premier League, UEFA Europa League, and the German Bundesliga.

Buy -
Mergr

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