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M&A Deal Summary

Cancom Acquires DIDAS Business Service

On April 14, 2014, Cancom acquired information technology company DIDAS Business Service from Allgeier SE

Acquisition Highlights
  • This is Cancom’s 3rd transaction in the Information Technology sector.
  • This is Cancom’s 2nd transaction in Germany.

M&A Deal Summary
Date 2014-04-14
Target DIDAS Business Service
Sector Information Technology
Buyer(s) Cancom
Sellers(s) Allgeier SE
Deal Type Divestiture
Advisor(s) Altium Capital Ltd. (Financial)

Target

DIDAS Business Service

Langenfeld, Germany
DIDAS Business Service GmbH provides comprehensive portfolio of IT services and solutions including ICT sourcing, professional, managed and cloud services.

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Buyer(S) 1

Buyer

Cancom

Munich, Germany
Category Company
Founded 1992
Sector Information Technology
Employees5,671
Revenue 1.8B EUR (2024)
DESCRIPTION

Cancom is an IT cloud business transformation partner in Europe. Cancom was founded in 1992 and is based in Munich, Germany.

DEAL STATS #
Overall 3 of 7
Sector: Information Technology M&A 3 of 7
Type: Divestiture M&A Deals 1 of 1
Country: Germany M&A 2 of 4
Year: 2014 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-02-28 HPM

Fremont, California, United States

HPM, Inc. (dba HPM Networks) is a value-added reseller (VAR) in the cloud infrastructure environment and has long-standing relationships with business partners and customers. HPM, Inc. was founded in 1982 and is headquartered in Fremont, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-05-20 pirobase imperia

Cologne, Germany

pirobase imperia is a supplier of state-of-the-art, high-quality content solutions to companies of all sizes and different industries based in Cologne, Germany. The company optimizes the client's content processes in the long term, by helping to achieve high value-added. pirobase imperia was founded in 1995 and is based in Cologne, Germany.

Sell -

Seller(S) 1

SELLER

Allgeier SE

Munich, Germany
Category Company
Sector Information Technology
DESCRIPTION

Allgeier SE is one of the leading IT companies for Business Performance: Allgeier combines the advantages of an international provider with the merits of medium-sized companies with a growth strategy oriented consistently to innovations and future trends, and an integrative business model.

DEAL STATS #
Overall 2 of 3
Sector: Information Technology M&A 2 of 2
Type: Divestiture M&A Deals 1 of 2
Country: Germany M&A 2 of 3
Year: 2014 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-10-01 Solveos IT Solutions

Langenfeld, Germany

Solveos IT Solutions GmbH provides Information Technology Services in Germany.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-12-22 b+m Informatik

Melsdorf, Germany

b+m Informatik is a developer of innovative software for banks and insurance companies and serves the German financial sector as a full-service provider. b+m Informatik was formed in 1994 and is based in Melsdorf, Germany.

Sell -
Mergr

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