M&A Deal Summary

Chess Acquires NetDatatel

On November 7, 2014, Chess acquired communications company NetDatatel

Acquisition Highlights
  • This is Chess’ 1st transaction in the Communications sector.
  • This is Chess’ 2nd transaction in the United Kingdom.

M&A Deal Summary

Date 2014-11-07
Target NetDatatel
Sector Communications
Buyer(s) Chess
Deal Type Add-on Acquisition

Target

NetDatatel

Elgin, United Kingdom
NetDatatel Ltd. is a provider of technology including VOIP phone systems options including hosted and non-hosted solutions through the promotion of IP based phone system products, and high-end Ethernet connectivity solutions.

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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 3 of 7
Sector: Communications M&A 1 of 3
Type: Add-on Acquisition M&A Deals 3 of 6
Country: United Kingdom M&A 2 of 6
Year: 2014 M&A 3 of 3
PREVIOUS 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.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-04-15 Businesscoms Consultancy

Peterborough, United Kingdom

Businesscoms Consultancy Ltd. is a broadband and fixed-line clients by an unspecified number.

Buy -