M&A Deal Summary

Fidelity Investments Acquires Colt Technology Services Group

On August 12, 2015, Fidelity Investments acquired communications company Colt Technology Services Group

Acquisition Highlights
  • This is Fidelity Investments’ 1st transaction in the Communications sector.
  • This is Fidelity Investments’ 1st transaction in Latvia.

M&A Deal Summary
Date 2015-08-12
Target Colt Technology Services Group
Sector Communications
Buyer(s) Fidelity Investments
Deal Type Add-on Acquisition

Target

Colt Technology Services Group

London, Latvia
Colt Technology Services Group Ltd. provides high bandwidth services for enterprises and wholesale customers in Europe, Asia, and North America’s largest business hubs. The company enables the digital transformation of businesses through its intelligent, purpose-built, cloud-integrated network, known as the Colt IQ Network. Colt Technology Services was formed in 1992 and is based in London.

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Buyer(S) 1

Buyer

Fidelity Investments

Boston, Massachusetts, United States
Category Company
Founded 1946
Sector Financial Services
Employees41,000
DESCRIPTION
Fidelity Investments branch office in Chicago, Illinois.
Fidelity Investments branch office in Chicago, Illinois.

Fidelity Investments (FMR LLC) is a US-based financial services corporation offering mutual fund, asset management, and brokerage services worldwide. The Firm was formed in 1946 and is based in Boston, Massachusetts.

DEAL STATS #
Overall 3 of 5
Sector (Communications) 1 of 1
Type (Add-on Acquisition) 2 of 4
Country (Latvia) 1 of 1
Year (2015) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-02-02 eMoney Advisor

Conshohocken, Pennsylvania, United States

eMoney Advisor is a wealth planning software company.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-16 NovoEd

San Francisco, California, United States

NovoEd, Inc. is a provider of social and collaborative learning for the enterprise. NovoEd’s cloud-based learning platform enables the creation, curation, and delivery of engaging learning experiences that enable business transformation and improve individual and organizational performance. NovoEd’s customers include mid-size enterprises, Fortune 500 companies, and executive education providers.

Buy -
Mergr

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