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  6. Comtec-Group Acquires Comnet Canada

M&A Deal Summary

Comtec-Group Acquires Comnet Canada

On December 2, 2008, Comtec-Group acquired internet software and services company Comnet Canada

Acquisition Highlights
  • This is Comtec-Group’s 1st transaction in the Internet Software and Services sector.
  • This is Comtec-Group’s 1st transaction in Canada.
  • This is Comtec-Group’s 1st transaction in Ontario.

M&A Deal Summary
Date 2008-12-02
Target Comnet Canada
Sector Internet Software and Services
Buyer(s) Comtec-Group
Deal Type Add-on Acquisition
Advisor(s) Tequity Advisors (Financial)

Target

Comnet Canada

Markham, Ontario, Canada
Comnet Canada Inc., an innovative software and content provider working with tour operators and serving travel agents across North America.

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Buyer(S) 1

Buyer

Comtec-Group

Cwmbran, United Kingdom
Category Company
Founded 1995
Sector Information Technology
DESCRIPTION

Comtec-Group Ltd. is a provider of technology solutions to the travel industry, supplying software capable of managing front, mid and back-office functions. Comtec-Group was established in 1995 and is based in Cwmbran, United Kingdom.

DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Ontario M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2008 M&A 1 of 1
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