M&A Deal Summary

Digital Space Acquires Coms - Business and Certain Assets of Telecoms Operations

On May 26, 2015, Digital Space acquired communications company Coms - Business and Certain Assets of Telecoms Operations from SmartSpace Software for 3M GBP

Acquisition Highlights
  • This is Digital Space’s 2nd transaction in the Communications sector.
  • This is Digital Space’s largest (disclosed) transaction.
  • This is Digital Space’s 5th transaction in the United Kingdom.

M&A Deal Summary
Date 2015-05-26
Target Coms - Business and Certain Assets of Telecoms Operations
Sector Communications
Buyer(s) Digital Space
Sellers(s) SmartSpace Software
Deal Type Divestiture
Deal Value 3M GBP

Target

Coms - Business and Certain Assets of Telecoms Operations

United Kingdom
Coms PLC - Business and Certain Assets of Telecoms Operations comprises telecom business and certain assets. The asset is located in the United Kingdom.

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Buyer(S) 1

Buyer

Digital Space

Newark, United Kingdom
Category Company
Founded 2004
Sector Information Technology
Employees300
Revenue 56M GBP (2016)
DESCRIPTION

Digital Space is a privately-owned, information and communications technology provider, supplying multi-site organizations with the network connectivity, cloud, unified communication, managed IT and mobile solutions they need to operate effectively in today’s highly competitive market place. Digital Space was founded in 2004 and is based in Newark, United Kingdom.

DEAL STATS #
Overall 5 of 6
Sector (Communications) 2 of 2
Type (Divestiture) 1 of 1
Country (United Kingdom) 5 of 6
Year (2015) 2 of 2
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-05-19 Wirebird

London, United Kingdom

Wirebird Ltd. is a privately-held IT and Managed Services Provider. Wirebird helps a wide range of companies of all sizes get the best out of their IT. The services it provides range from fully-managed hosting through to complex infrastructure projects and IT transformation programmes. The company works on projects in both traditional on-premise and hosted (cloud) environments.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-03 Arcus Cloud Services

Cambridge, United Kingdom

Arcus Cloud Services Ltd. is an Amazon Web Services (AWS) advanced consulting firm. These include the provision of one-off professional services, ongoing managed services (service delivery and support), products that run predominantly on AWS and resale of AWS. Arcus Cloud Services was founded in 2019 and is based in Cambridge, United Kingdom.

Buy -

Seller(S) 1

SELLER

SmartSpace Software

Suffolk, United Kingdom
Category Company
Founded 2000
Sector Software
Employees68
Revenue 5M GBP (2023)
DESCRIPTION

SmartSpace Software is a SaaS-based technology business, designing and building smart software solutions. The Company's software helps transform employee engagement with modules which include visitor management, desk management, meeting room management and analytics. Smartspace Software was founded in 2000 and is based in Suffolk, England.

DEAL STATS #
Overall 2 of 3
Sector (Communications) 1 of 1
Type (Divestiture) 2 of 3
Country (United Kingdom) 2 of 3
Year (2015) 1 of 1
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-03-10 Smarter Mobile UK

Spalding, United Kingdom

Smarter Mobile UK Ltd offers a great value mobile phone service that is simple to use and simple to understand. Company offers call waiting and call hold, caller display, mobile Internet, SIM replacement, text messaging, voicemail, multi media messaging.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-17 Connect IB

Luton, United Kingdom

Connect IB Ltd. is a software & solutions business, specialising in the delivery of smart working, retail & sports applications for business, employee and consumer engagement.

Buy £1M
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