M&A Deal Summary |
|
|---|---|
| Date | 2013-11-27 |
| Target | Serco - Transport Solutions Business |
| Sector | Information Technology |
| Buyer(s) | Cubic Transportation Systems |
| Sellers(s) | Serco Group |
| Deal Type | Divestiture |
| Deal Value | 44M GBP |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 1972 |
| Sector | Information Technology |
Cubic Transportation Systems, Inc., is a integrator of payment and information solutions and related services for intelligent travel applications. Cubic delivers integrated systems for transportation and traffic management, delivering tools for travelers to choose the smartest and easiest way to travel and pay for their journeys, and enabling transportation authorities and agencies to manage demand across the entire transportation network.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector: Information Technology M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 2 of 2 |
| Country: United Kingdom M&A | 1 of 1 |
| Year: 2013 M&A | 2 of 2 |
| Size (of disclosed) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2013-01-24 |
NextBus
Emeryville, California, United States NextBus is a Software-as-a-Service (SaaS) solution that improves transit passengers’ lives and makes their travel experience better with accurate, real-time arrival information about buses, subways and trains. NextBus also offers travelers a host of other options including a GPS-enabled mobile website for smartphones that instantly recognizes the nearest stops in proximity order and provides real-time arrival information with multiple language capability (English, Spanish and French), and an easy-to-use website compatible with the American Disabilities Act (ADA) guidelines. |
Buy | CA$21M |
| Category | Company |
|---|---|
| Founded | 1929 |
| Sector | Business Services |
| Employees | 50,000 |
| Revenue | 4.8B GBP (2024) |
Serco provides world class business process outsourcing for customers it manages front, middle and back office programs. Our key service areas include customer interaction centres, direct marketing, loyalty and fulfilment programs, training design and delivery, customer relationship management software solutions and consultancy services. Serco Group was founded in 1929 and is based in Hook, United Kingdom.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 4 |
| Sector: Information Technology M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 4 |
| Country: United Kingdom M&A | 1 of 1 |
| Year: 2013 M&A | 1 of 1 |
| Size (of disclosed) | 2 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2011-11-01 |
Excelior
Australia Excelior is Australia’s prime provider of customer contact optimisation solutions to public and private sector organisations. |
Buy | $13M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-03-30 |
Great Southern Rail
Keswick, Australia Great Southern Rail owns and operates the luxury trans-continental passenger rail services known as The Ghan, The Indian Pacific and The Overland. Great Southern Rail was founded in 1997 and is based in Keswick, Australia. |
Sell | $20M |
