M&A Deal Summary

Clanwilliam Group Acquires Konnect Net

On May 5, 2018, Clanwilliam Group acquired insurance company Konnect Net

Acquisition Highlights
  • This is Clanwilliam Group’s 1st transaction in the Insurance sector.
  • This is Clanwilliam Group’s 2nd transaction in New Zealand.

M&A Deal Summary

Date 2018-05-05
Target Konnect Net
Sector Insurance
Buyer(s) Clanwilliam Group
Deal Type Add-on Acquisition

Target

Konnect Net

Auckland, New Zealand
Konnect Net provides the New Zealand insurance industry and health sector with systems and services that dramatically improve the efficiency and quality of service delivery for all. Konnect Net was formed in 2008 and is based in Auckland, New Zealand.

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Buyer(S) 1

Buyer

Clanwilliam Group

Dublin, Ireland

Category Company
Founded 2014
Sector Information Technology
DESCRIPTION

Clanwilliam Group Ltd. is a healthcare, technology and services company.


DEAL STATS #
Overall 5 of 5
Sector: Insurance M&A 1 of 1
Type: Add-on Acquisition M&A Deals 4 of 4
Country: New Zealand M&A 2 of 2
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-09-15 HealthLink

Auckland, New Zealand

HealthLink is a health-system integrator. Company key purpose is to enable medical practices to communicate electronically with the rest of the health system. By exchanging clinical information healthcare providers become more efficient and they are able to improve the quality of care they can provide their patients. HealthLink provides a computer communications system that links the information technology systems of more than 15,500 medical organisations across Australia, New Zealand, the Pacific Island nations and Canada.

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