Add-on Acquisition • Information Technology

Fernao Acquires cano systems

On April 18, 2017, Fernao acquired information technology company cano systems

Acquisition Context

This is Fernao’s 1st transaction in the Information Technology sector.
This is Fernao’s 1st transaction in Germany.

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M&A Deal Summary
Date	April 18, 2017
Target	cano systems
Sector	Information Technology
Buyer(s)	Fernao
Deal Type	Add-on Acquisition

Target Company

cano systems

Recklinghausen, Germany

cano systems is an IT systems retailer in Recklinghausen specializing in installation and support for IT and telecommunications systems. From mobile workstations to telephone systems to networks with extensive server infrastructure, cano systems offer solutions for a wide range of customer requirements. cano serve customers from throughout the industry and retail sectors, as well as medium-sized businesses, and banks, administrative organizations, and insurance companies.

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Buyer Overview 1

Buyer

Fernao

Koln, Germany

Category	Company
Founded	2015
Sector	Information Technology

DESCRIPTION

Fernao connects the KnowHow of various IT companies in different sectors. Fernao expertise in security, infrastructure, IoT, cloud services, and data analytics into a single professional network to unite ongoing managed services, compliance management services, and 24/7 services from the Cyber Defense and Operation Center. Fernao was founded in 2015 and is based in Köln, Germany.

Deal Context for Buyer	#
Overall	1 of 6
Sector: Information Technology	1 of 6
Type: Add-on Acquisition	1 of 6
Country: Germany	1 of 5
Year: 2017	1 of 3

FOLLOWING DEAL

DATE	TARGET	DEAL TYPE	VALUE
2017-05-30	globits Berlin, Germany globits GmbH is a classical IT systems retailer established itself as a reliable and competent consulting partner for strategic and targeted implementations of information and communication technology, especially in the field of IP communications. globits GmbH is based in Berlin and successfully implements and manages projects throughout Germany.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2017-05-30

globits

Berlin, Germany

globits GmbH is a classical IT systems retailer established itself as a reliable and competent consulting partner for strategic and targeted implementations of information and communication technology, especially in the field of IP communications. globits GmbH is based in Berlin and successfully implements and manages projects throughout Germany.

Buy

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