M&A Deal Summary

Dimension Data Acquires Millennium Process Group

On June 5, 2018, Dimension Data acquired business services company Millennium Process Group from Inmar

Acquisition Highlights
  • This is Dimension Data’s 2nd transaction in the Business Services sector.
  • This is Dimension Data’s 2nd transaction in Canada.
  • This is Dimension Data’s 2nd transaction in Ontario.

M&A Deal Summary

Date 2018-06-05
Target Millennium Process Group
Sector Business Services
Buyer(s) Dimension Data
Sellers(s) Inmar
Deal Type Divestiture

Target

Millennium Process Group

Toronto, Ontario, Canada
Millennium Process Group, Inc. is a provider of contact center, credit card, and back office and administration services to Canadian organizations primarily in the financial services, insurance, and retail sectors. Merchants, which is part of Dimension Data’s CX and Digital Workplace practice is one of South Africa’s leading customer management outsourcing solution providers that designs, builds, and operates contact centers across the globe.

Search 214,107 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

Dimension Data

Johannesburg, South Africa

Category Company
Founded 1983
Sector Information Technology
DESCRIPTION

Dimension Data is a specialist IT services and solution provider, helps clients plan, build, support and manage their IT infrastructures. Dimension Data applies its expertise in networking, converged communications, security, data centre solutions, Microsoft and contact centre technologies, and its unique skills in consulting, integration and managed services to create customised client solutions.


DEAL STATS #
Overall 10 of 10
Sector: Business Services M&A 2 of 2
Type: Divestiture M&A Deals 2 of 2
State: Ontario M&A 2 of 2
Country: Canada M&A 2 of 2
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-04 Ceryx

Toronto, Ontario, Canada

Ceryx, Inc. is a provider of cloud based software services across the microsoft messaging and collaboration suite, including office 365, exchange, sharepoint and skype for business.

Buy -

Seller(S) 1

SELLER

Inmar

Winston-Salem, North Carolina, United States

Category Company
Founded 1980
Sector Information Technology
DESCRIPTION

Inmar operates intelligent commerce networks, connecting offline and online transactions in real time for retailers, manufacturers and trading partners across multiple industries. In addition, Inmar’s platforms generate meaningful data and enable the Company to provide clients with actionable analytics and insights to meet the evolving needs of shoppers, patients and businesses. Inmar was founded in 1980 and is based in Winston-Salem, North Carolina.


DEAL STATS #
Overall 1 of 2
Sector: Business Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 2
State: Ontario M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-16 reach | influence

Detroit, Michigan, United States

reach | influence is a marketing analytics company focused on powering the shopper experience to leverage retail shopper data to increase sales. reach | influence was established in 2006 and is based in Detroit, Michigan.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-13 Innovative Return Concepts

Plano, Texas, United States

Innovative Return Concepts (IRC) is a provider of returns management software and product processing that serves the grocery sector. IRC offers comprehensive Returns Programs in various operational “models” – from turnkey to low-cost SaaS (or PaaS, “Platform as a Service”) standalone - all of which ensure that returns inventories are process-controlled and client data-driven. The cloud-accessed outputs are produced in real-time, maximizing financial and informational value. Since IRC’s scanning technology also accesses the client’s data center housed in the cloud, it can be deployed anywhere in the client’s supply chain while maintaining virtual unity.

Buy -