1. Home >
  2. M&A >
  3. Add-on Acquisition >
  4. Belgium >
  5. Cegeka Acquires Gridmax

M&A Deal Summary

Cegeka Acquires Gridmax

On May 11, 2020, Cegeka acquired information technology company Gridmax

Acquisition Highlights
  • This is Cegeka’s 3rd transaction in the Information Technology sector.
  • This is Cegeka’s 1st transaction in Belgium.

M&A Deal Summary
Date 2020-05-11
Target Gridmax
Sector Information Technology
Buyer(s) Cegeka
Deal Type Add-on Acquisition

Target

Gridmax

Vresse-sur-Semois, Belgium
Gridmax specializes in the rollout of 4G mission-critical connectivity services for MTC applications in the 3.5 GHz band for rural regions. The company provides private 4G connectivity for rural areas, which mainly targets the B2B market. Gridmax is based in Vresse-sur-Semois, Belgium.

Search 214,877 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Cegeka

Hasselt, Belgium
Category Company
Founded 1992
Sector Information Technology
Employees3,567
DESCRIPTION

Cegeka is a family-owned IT solutions provider founded on craftsmanship and works in close cooperation with customers. The company helps organizations create frictionless and highly personalized experiences for their customers, consumers, and citizens. Cegeka was founded in 1992 and is based in Hasselt, Belgium.

DEAL STATS #
Overall 3 of 5
Sector: Information Technology M&A 3 of 4
Type: Add-on Acquisition M&A Deals 1 of 2
Country: Belgium M&A 1 of 2
Year: 2020 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-12 Call2 B.V.

Zoetermeer, Netherlands

Call2 B.V. focuses on supporting, migrating and managing IT infrastructures.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-01 Citymesh

Oostkamp, Belgium

Citymesh specializes in offering both permanent and temporary connectivity solutions, utilizing cutting-edge Wi-Fi, IoT (0G), 4G, and 5G technologies. Citymesh was founded in 2006 and is based in Oostkamp, Belgium.

Buy -
Mergr

Solution for

Product

Company

Legal