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M&A Deal Summary

Chess Acquires Foursys

On April 3, 2017, Chess acquired information technology company Foursys

Acquisition Highlights
  • This is Chess’ 3rd transaction in the Information Technology sector.
  • This is Chess’ 6th transaction in the United Kingdom.

M&A Deal Summary
Date 2017-04-03
Target Foursys
Sector Information Technology
Buyer(s) Chess
Deal Type Add-on Acquisition

Target

Foursys

Suffolk, United Kingdom
Foursys Ltd. is a cybersecurity provider servicing the NHS, government, education, SMB and enterprise organisations. Foursys Ltd. was established in 1994 and is headquartered in Suffolk, UK.

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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 7 of 7
Sector: Information Technology M&A 3 of 3
Type: Add-on Acquisition M&A Deals 6 of 6
Country: United Kingdom M&A 6 of 6
Year: 2017 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-02 Lanway Corporate Business Systems

Lancashire, United Kingdom

Lanway Corporate Business Systems Ltd. is an IT company, that offers cloud, server, desktop, application virtualization, networking infrastructure solutions to businesses, education, and housing markets. Lanway Corporate Business Systems Ltd. was established in 1993 and is headquartered in Lancashire, UK.

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