M&A Deal Summary

Business Connexion Group Acquires ANCO IT Pty

On November 25, 2015, Business Connexion Group acquired information technology company ANCO IT Pty

Acquisition Highlights
  • This is Business Connexion Group’s 1st transaction in the Information Technology sector.
  • This is Business Connexion Group’s 1st transaction in South Africa.

M&A Deal Summary

Date 2015-11-25
Target ANCO IT Pty
Sector Information Technology
Buyer(s) Business Connexion Group
Deal Type Add-on Acquisition

Target

ANCO IT Pty

Centurion, South Africa
ANCO IT Pty Ltd. is a specialist provider of Oracle business solutions.

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Buyer(S) 1

Buyer

Business Connexion Group

Midrand, South Africa

Category Company
Sector Information Technology
DESCRIPTION

Business Connexion Group Ltd. is a provider of advanced information and communication technology (ICT) products, services and solutions.


DEAL STATS #
Overall 2 of 3
Sector: Information Technology M&A 1 of 2
Type: Add-on Acquisition M&A Deals 1 of 2
Country: South Africa M&A 1 of 2
Year: 2015 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-03-11 Panabiz International

Lagos, Nigeria

Panabiz International Ltd. is a customer focused company that provides the latest generation office automation equipments to a wide variety of customers.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-01 Relational Database Consulting Group Pty

Woodmead, South Africa

Relational Database Consulting Group Pty Ltd. is a provider of database and operating system administration, with a strong focus on Oracle, SQL Server, MySQL and PostgreSQL on a variety of operating systems.

Buy -