M&A Deal Summary

Elite Group Acquires 21c Telecom

On June 5, 2013, Elite Group acquired communications company 21c Telecom

Acquisition Highlights
  • This is Elite Group’s 5th transaction in the Communications sector.
  • This is Elite Group’s 5th transaction in the United Kingdom.

M&A Deal Summary

Date 2013-06-05
Target 21c Telecom
Sector Communications
Buyer(s) Elite Group
Deal Type Add-on Acquisition

Target

21c Telecom

Derbyshire, United Kingdom
21c Telecom Ltd. is a provider of mobile, data and landline services.

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Buyer(S) 1

Buyer

Elite Group

London, United Kingdom

Category Company
Founded 2000
Sector Information Technology
DESCRIPTION

Elite Group is a provider of communications and IT services; working in partnership with Elite, the Companyu's customers benefit from thought-leadership as well as information about changes in technology, legislation and working practices. This allows customers to make considered decisions about what they need to improve productivity and help their businesses grow.


DEAL STATS #
Overall 5 of 10
Sector (Communications) 5 of 7
Type (Add-on Acquisition) 5 of 10
Country (United Kingdom) 5 of 10
Year (2013) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-04-15 FoneRent

Chorley, United Kingdom

FoneRent Ltd. is a provider of short term international mobile phone and data solutions.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-01-31 Modern Communications

London, United Kingdom

Modern Communications Ltd. is a provider of business telephony, fixed line services, connectivity, hosted IP and business continuity.

Buy -