M&A Deal Summary

Chess Acquires Avenir Telecom

On June 11, 2014, Chess acquired technology hardware company Avenir Telecom

Acquisition Highlights
  • This is Chess’ 1st transaction in the Technology Hardware sector.
  • This is Chess’ 1st transaction in France.

M&A Deal Summary

Date 2014-06-11
Target Avenir Telecom
Sector Technology Hardware
Buyer(s) Chess
Deal Type Add-on Acquisition

Target

Avenir Telecom

Marseille, France
Avenir Telecom is a provider of force within the mobile phone industry. Avenir Telecom group activities are focused on :Sales and distribution of mobile phones, smartphones and tablets in partnership with Yezz, design, manufacture and distribution of accessories and connected objects.

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Buyer(S) 1

Buyer

Chess

Alderley Edge, United Kingdom

Category Company
Founded 1993
Sector Communications
DESCRIPTION

Chess Telecom is an established customer base in excess of 50,000, offering fixed line, VoIP and data system maintenance services to the public and private sector.


DEAL STATS #
Overall 1 of 7
Sector: Technology Hardware M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 6
Country: France M&A 1 of 1
Year: 2014 M&A 1 of 3
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-10-09 Parachute IT

Hertfordshire, United Kingdom

Parachute IT Ltd. is a provider of flexible, hassle-free IT support that has resulted in trusted partnerships with clients and a specialist understanding of the needs of key sectors, including legal, financial, recruitment, hospitality, property and public sector services.

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