M&A Deal Summary

Calligo Acquires Fusion IT Services

On September 1, 2017, Calligo acquired information technology company Fusion IT Services from Fusion Systems

Acquisition Highlights
  • This is Calligo’s 1st transaction in the Information Technology sector.
  • This is Calligo’s 1st transaction in Cayman Islands.

M&A Deal Summary

Date 2017-09-01
Target Fusion IT Services
Sector Information Technology
Buyer(s) Calligo
Sellers(s) Fusion Systems
Deal Type Divestiture

Target

Fusion IT Services

Guernsey, Cayman Islands
Fusion IT Services combines the activities of software house and system integrator and having such a spread of activities gives its clients the advantage of simplicity on a phone call to make, one company to deal with, leaving the business principles free to focus on running their own business.

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Buyer(S) 1

Buyer

Calligo

St. Helier, Channel Islands

Category Company
Founded 2012
Sector Internet Software and Services
DESCRIPTION

Calligo is a provider of cloud solutions focused on serving the global mid-tier enterprise segment. The company’s proprietary cloud platform offers the highest levels of data privacy along with application performance guarantees, commercial flexibility and a personalised support service. Calligo was founded in 2012 and is based in St.Helier, Channel Islands.


DEAL STATS #
Overall 1 of 7
Sector: Information Technology M&A 1 of 6
Type: Divestiture M&A Deals 1 of 1
Country: Cayman Islands M&A 1 of 1
Year: 2017 M&A 1 of 3
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-09-29 AMS Systems PSF S.A.

Sandweiler, Luxembourg

AMS Systems PSF S.A. is an IT services business that provides managed services and cloud infrastructure to the financial services sector. AMS Systems PSF S.A. was founded in 1999 and is based in Sandweiler, Luxembourg.

Buy -

Seller(S) 1

SELLER

Fusion Systems

Guernsey, Channel Islands

Category Company
Sector Information Technology
DESCRIPTION

Fusion Systems is a specialist IT company serving the diverse requirements of the offshore finance industry. It combines the skills and activities of a software house and systems integrator to provide a total solution to clients. Fusion Systems is based in Guernsey, Channel Islands.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Cayman Islands M&A 1 of 1
Year: 2017 M&A 1 of 1