M&A Deal Summary

Datatec Acquires Comztek Holdings

On June 3, 2013, Datatec acquired technology hardware company Comztek Holdings for 88M ZAR

Acquisition Highlights
  • This is Datatec’s 2nd transaction in the Technology Hardware sector.
  • This is Datatec’s 5th largest (disclosed) transaction.
  • This is Datatec’s 2nd transaction in South Africa.

M&A Deal Summary

Date 2013-06-03
Target Comztek Holdings
Sector Technology Hardware
Buyer(s) Datatec
Deal Type Add-on Acquisition
Deal Value 88M ZAR

Target

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.

Search 214,356 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Datatec

Sandown, South Africa

Category Company
Founded 1986
Sector Information Services
Employees11,219
Revenue 3.6B USD (2025)
DESCRIPTION

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


DEAL STATS #
Overall 7 of 7
Sector: Technology Hardware M&A 2 of 2
Type: Add-on Acquisition M&A Deals 5 of 5
Country: South Africa M&A 2 of 2
Year: 2013 M&A 1 of 1
Size (of disclosed) 5 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-10-02 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.

Buy $5M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-02 The Via Group

The Woodlands, Texas, United States

The Via Group, Inc. is a provider of unified communications and Voice (TDM/VoIP) solutions.

Sell -