M&A Deal Summary

Datatec Acquires Cernet of America

On October 2, 2007, Datatec acquired technology hardware company Cernet of America for 5M USD

Acquisition Highlights
  • This is Datatec’s 1st transaction in the Technology Hardware sector.
  • This is Datatec’s 6th largest (disclosed) transaction.
  • This is Datatec’s 2nd transaction in the United States.
  • This is Datatec’s 1st transaction in Florida.

M&A Deal Summary
Date 2007-10-02
Target Cernet of America
Sector Technology Hardware
Buyer(s) Datatec
Deal Type Add-on Acquisition
Deal Value 5M USD

Target

Cernet of America

Fort Lauderdale, Florida, United States
Cernet of America, Inc. is a value-added distributor known for its strength in Wireless Networking, LAN/WAN, and Security Systems and has a customer base of over 300 resellers throughout the CALA (Caribbean and Latin America) region. Cernet has been serving customers in this region since its founding over 15 years ago. Its vendors include Motorola, Alcatel-Lucent, Foundry, Proxim Wireless and many others.

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Buyer(S) 1

Buyer

Datatec

Johannesburg, South Africa
Category Company
Founded 1986
Sector Information Services
Employees11,269
Revenue 5.5B USD (2024)
DESCRIPTION

Datatec is a global ICT solutions and services group. Datatec was founded in 1986 and is based in Johannesburg, South Africa.

DEAL STATS #
Overall 6 of 7
Sector (Technology Hardware) 1 of 2
Type (Add-on Acquisition) 4 of 5
State (Florida) 1 of 1
Country (United States) 2 of 2
Year (2007) 5 of 5
Size (of disclosed) 6 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-06-13 Sparnoon-Dynatech South Africa

Sandton, South Africa

Sparnoon-Dynatech Group is one of the largest ICT distributors in sub-Saharan Africa with offices in Kenya, Nigeria, Tanzania and Uganda and logistic centres in the UK, Kenya and Dubai that provide rapid response to pricing requests and first-class logistics capabilities. It distributes Cisco, Dell, Epson, HP, Novell and TallyGenicom. The company has most recently been awarded the Cisco Distributor Partner of the Year and Cisco Value-Added Distributor of the Year for 2006.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-06-03 Comztek Holdings

Midrand, South Africa

Comztek Holdings (Pty) Ltd. is a distributor of hardware and software products, focusing on networking, security and storage, datacenter and software infrastructure, and unified communications solutions.

Buy R88M
Mergr

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