M&A Deal Summary |
|
|---|---|
| Date | 2022-02-17 |
| Target | XLN Telecom |
| Sector | Communications |
| Buyer(s) | Daisy |
| Sellers(s) | Blackstone Credit |
| Deal Type | Add-on Acquisition |
SEARCH BY
Daisy is an independent provider of B2B communications, IT and cloud services. Daisy has grown into one of the UK’s leading telecommunications providers, with 360,000 indirect and direct customers, c2,100 partners, c4,000 employees, and 30+ locations nationwide. Daisy was founded in 2001 and is based in Nelson, United Kingdom.
| DEAL STATS | # |
|---|---|
| Overall | 7 of 7 |
| Sector: Communications M&A | 3 of 3 |
| Type: Add-on Acquisition M&A Deals | 7 of 7 |
| Country: United Kingdom M&A | 7 of 7 |
| Year: 2022 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-01-03 |
Giacom
London, United Kingdom Giacom is an independent communication, IT, and cloud services provider to the Channel. Giacom is committed to supporting reseller partners in maximizing opportunities through its innovative, comprehensive, and value creating converged services portfolio. This includes Connectivity, Mobility, Voice Services, IP Communications, Cloud and Product Supply, all offered with flexible commercial terms to reduce credit risk. Giacom was founded in 2001 and is based in London, United Kingdom. |
Sell | - |
Blackstone Credit is the lending arm of alternative asset management firm The Blackstone Group. Blackstone Credit looks to provide a variety of capital needs, including loans, high yield and investment grade bonds, structured credit, mezzanine lending, and opportunistic financings. The Blackstone Group acquired lender GSO Capital Partners in 2008 which formed the foundation for Blackstone Credit. Blackstone Credit is based in New York, New York.
| DEAL STATS | # |
|---|---|
| Overall | 10 of 12 |
| Sector: Communications M&A | 2 of 2 |
| Type: Add-on Acquisition M&A Deals | 6 of 7 |
| Country: United Kingdom M&A | 3 of 3 |
| Year: 2022 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-07-09 |
Auctane
Austin, Texas, United States Auctane is a provider of Internet-based mailing and shipping solutions. From same-day delivery and intuitive shipping software to a network of 3PL providers — and everything in between — Auctane’s suite of technology solutions solves a variety logistic challenges. Auctane was founded in 1996 and is based in Austin, Texas. |
Buy | $6.6B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-03-08 |
ION Solar
Provo, Utah, United States ION Solar is a full-service solar company that offers quality solar systems with world-class support. ION Solar was founded in 2013 and is based in Provo, Utah. |
Buy | - |
