M&A Deal Summary

Covenant Group of China Acquires Hainan Jien Intelligent Engineering Co.

On June 24, 2009, Covenant Group of China acquired engineering company Hainan Jien Intelligent Engineering Co.

Acquisition Highlights
  • This is Covenant Group of China’s 1st transaction in the Engineering sector.
  • This is Covenant Group of China’s 1st transaction in China.

M&A Deal Summary

Date 2009-06-24
Target Hainan Jien Intelligent Engineering Co.
Sector Engineering
Buyer(s) Covenant Group of China
Deal Type Add-on Acquisition

Target

Hainan Jien Intelligent Engineering Co.

Haikou, China
Hainan Jien Intelligent Engineering Co. Ltd. designs and constructs of intelligent building system, electric installation system and research and development of related intelligence product.

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Buyer(S) 1

Buyer

Covenant Group of China

Bala Cynwyd, Pennsylvania, United States

Category Company
Sector Electronics
DESCRIPTION

Covenant Group of China, Inc. designs and installs security and surveillance infrastructure to protect financial institutions and government agencies.


DEAL STATS #
Overall 1 of 1
Sector: Engineering M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: China M&A 1 of 1
Year: 2009 M&A 1 of 1