M&A Deal Summary

Elite Group Acquires GP Telecom

On January 29, 2008, Elite Group acquired communications company GP Telecom for 3M GBP

Acquisition Highlights
  • This is Elite Group’s 1st transaction in the Communications sector.
  • This is Elite Group’s largest (disclosed) transaction.
  • This is Elite Group’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2008-01-29
Target GP Telecom
Sector Communications
Buyer(s) Elite Group
Deal Type Add-on Acquisition
Deal Value 3M GBP

Target

GP Telecom

Rochdale, United Kingdom
GP Telecom Ltd. is a telecoms solutions provider with an impressive client portfolio of over 2500 customers. GP Telecom, which includes Freetime Communications Ltd, YourCall and Gem Communications.

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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 1 of 10
Sector (Communications) 1 of 7
Type (Add-on Acquisition) 1 of 10
Country (United Kingdom) 1 of 10
Year (2008) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-12-02 CAN Networks

Sherborne, United Kingdom

CAN Networks Ltd. is a telecommunication service provider of mobile, data and landline services.

Buy -