M&A Deal Summary

Connect Telecom Acquires Nortech Communications

On May 9, 2017, Connect Telecom acquired communications company Nortech Communications from Atlas

Acquisition Highlights
  • This is Connect Telecom’s 2nd transaction in the Communications sector.
  • This is Connect Telecom’s 2nd transaction in the United Kingdom.

M&A Deal Summary

Date 2017-05-09
Target Nortech Communications
Sector Communications
Buyer(s) Connect Telecom
Sellers(s) Atlas
Deal Type Divestiture

Target

Nortech Communications

Carlisle, United Kingdom
Nortech Communications is a provider of communication services.

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Buyer(S) 1

Buyer

Connect Telecom

Belfast, United Kingdom

Category Company
Founded 2007
Sector Communications
DESCRIPTION

Connect Telecom is a provider of integrated landlines, mobiles and broadband solutions for businesses and residents. Connect Telecom was established in 2007 and is headquartered in Belfast, UK.


DEAL STATS #
Overall 2 of 2
Sector: Communications M&A 2 of 2
Type: Divestiture M&A Deals 1 of 1
Country: United Kingdom M&A 2 of 2
Year: 2017 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-09 Coltel

Aberdeen, United Kingdom

Coltel Ltd. is a provider of business communications, satellite navigation, vehicle tracking, information technology and testing services. Coltel Ltd. was established in 1990 and is headquartered in Aberdeen, UK.

Buy -

Seller(S) 1

SELLER

Atlas

Wichita, Kansas, United States

Category Company
Founded 2007
Sector Aerospace
DESCRIPTION

Atlas manufactures flight-critical, complex assemblies on a diverse group of commercial, military and business aircraft, including the 737MAX, F-35 Joint Strike Fighter, Gulfstream G650, and nearly every Textron Aviation aircraft. Atlas has developed a unique set of machining, specialty forming and chemical processing capabilities, supported by automation technology and low-cost manufacturing. This vertical integration allows Atlas to deliver a broad range of complex aircraft assemblies, including complete aircraft doors, escape hatches, wing structures, and flight control assemblies for a growing list of leading aerospace OEMs. Atlas was founded in 2007 and is based in Wichita, Kansas.


DEAL STATS #
Overall 1 of 1
Sector: Communications M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2017 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-12-31 Brenner Aerostructures

Bensalem, Pennsylvania, United States

Brenner Aerostructures, LLC manufactures commercial and aerospace components.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-09 F.M.I.

Park City, Kansas, United States

F.M.I., Inc. is a manufacturer of large, complex aerospace structural components and subassemblies. FMI offers a full range of premium forming, machining, engineering, and complex assembly services to global aerospace customers. FMI provides critical components on many of the largest commercial aerospace platforms including the 737, 737 MAX, 777, and 787. F.M.I was founded in 1992 and is based in Park City, Kansas.

Buy -