M&A Deal Summary

CBE Technologies Acquires Blue Mantis

On October 29, 2009, CBE Technologies acquired information technology company Blue Mantis

Acquisition Highlights
  • This is CBE Technologies’ 1st transaction in the Information Technology sector.
  • This is CBE Technologies’ 1st transaction in the United States.
  • This is CBE Technologies’ 1st transaction in New Hampshire.
Investment Fate
  • Blue Mantis was recapitalized in 2020.
  • Blue Mantis was sold to a consortium of financial buyers in 2024.

M&A Deal Summary

Date 2009-10-29
Target Blue Mantis
Sector Information Technology
Buyer(s) CBE Technologies
Deal Type Add-on Acquisition

Target

Blue Mantis

Portsmouth, New Hampshire, United States
Blue Mantis is a provider of product procurement services, project services, and maintenance and managed IT services for state, local, and education (SLED) institutions. Blue Mantis was founded in 1992 and is based in Portsmouth, New Hampshire.

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Buyer(S) 1

Buyer

CBE Technologies

Providence, Rhode Island, United States

Category Company
Founded 1984
Sector Information Technology
DESCRIPTION

CBE Technologies LLC provides a comprehensive suite of “one stop, one price” managed IT and telephony services, delivering top-quality skills and business understanding from design to implementation to support.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: New Hampshire M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2009 M&A 1 of 1