M&A Deal Summary

Cirrus Acquires Amcom L7 Solutions Pty

On December 3, 2015, Cirrus acquired information technology company Amcom L7 Solutions Pty from Amcom Telecommunications

Acquisition Highlights
  • This is Cirrus’ 1st transaction in the Information Technology sector.
  • This is Cirrus’ 1st transaction in Australia.

M&A Deal Summary

Date 2015-12-03
Target Amcom L7 Solutions Pty
Sector Information Technology
Buyer(s) Cirrus
Sellers(s) Amcom Telecommunications
Deal Type Divestiture

Target

Amcom L7 Solutions Pty

Perth, Australia
Amcom L7 Solutions Pty Ltd. is an information technology company, specialising in the provision of IT integration solutions, managed services, advisory and related services.

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Buyer(S) 1

Buyer

Cirrus

Perth, Australia

Category Company
Founded 2003
Sector Information Technology
Revenue 95M AUD (2020)
DESCRIPTION

Cirrus is an IT solutions provider that helps businesses understand their technology needs to implement solutions. Cirrus was founded in 2003 and is based in Perth, Western Australia.


DEAL STATS #
Overall 1 of 5
Sector: Information Technology M&A 1 of 5
Type: Divestiture M&A Deals 1 of 2
Country: Australia M&A 1 of 4
Year: 2015 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-14 VTS Canberra Pty.

Australia

VTS Canberra Pty. Ltd. is an IT services provider.

Buy -

Seller(S) 1

SELLER

Amcom Telecommunications

Perth, Australia

Category Company
Founded 1993
Sector Communications
Employees350
DESCRIPTION

Amcom Telecommunications Ltd. is a telecommunications and IT company that via national data network access delivers business grade data and internet services, business class Unified Communications and IP voice, cloud solutions and managed services.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Australia M&A 1 of 1
Year: 2015 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-11-23 Amcom L7 Solutions Pty

Perth, Australia

Amcom L7 Solutions Pty Ltd. is an information technology company, specialising in the provision of IT integration solutions, managed services, advisory and related services.

Buy $15M