Add-on Acquisition • Information Technology

CAE Technology Services Acquires Advatek

On November 28, 2024, CAE Technology Services acquired information technology company Advatek

Acquisition Context

This is CAE Technology Services’ 1st transaction in the Information Technology sector.
This is CAE Technology Services’ 1st transaction in the United Kingdom.

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M&A Deal Summary
Date	November 28, 2024
Target	Advatek
Sector	Information Technology
Buyer(s)	CAE Technology Services
Deal Type	Add-on Acquisition

Target Company

Advatek

Wrexham, United Kingdom

Advatek provides IT and cybersecurity services to various organizations, including multinational corporations, owner-managed businesses, educational facilities, retailers, and construction sites. Advatek was formed in 2014 and is based in Wrexham, United Kingdom.

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Buyer Overview 1

Buyer

CAE Technology Services

Hemel Hempstead, United Kingdom

Category	Company
Sector	Information Technology

DESCRIPTION

CAE Technology Services makes clients' lives more straightforward, productive, fulfilling, and enjoyable by providing the intuitive IT services they need every day. The company specializes in providing on-point technology by combining proven vendor solutions and tailoring them as required. CAE Technology Services is based in Hemel Hempstead, United Kingdom.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Information Technology	1 of 1
Type: Add-on Acquisition	1 of 1
Country: United Kingdom	1 of 1
Year: 2024	1 of 1

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