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M&A Deal Summary

Getronics Acquires Colt - Cloud Business

On November 13, 2015, Getronics acquired internet software and services company Colt - Cloud Business from Colt Technology Services Group

Acquisition Highlights
  • This is Getronics’ 1st transaction in the Internet Software and Services sector.
  • This is Getronics’ 1st transaction in the United States.

M&A Deal Summary
Date 2015-11-13
Target Colt - Cloud Business
Sector Internet Software and Services
Buyer(s) Getronics
Sellers(s) Colt Technology Services Group
Deal Type Divestiture

Target

Colt - Cloud Business

United States
Colt - Cloud Business is a provider of cloud technologies and support services across 10 countries (the UK, France, Germany, Spain, the Netherlands, Belgium, Italy, India, Romania and Switzerland). Colt Managed cloud employs staff working across operations, transition and engagement, presales, service management and support functions and has around 600 customers across multiple verticals including financial services, media and government, which will benefit from a long term, secure and seamless provision of services.

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Buyer(S) 1

Buyer

Getronics

Amsterdam, Netherlands
Category Company
Founded 1887
Sector Information Technology
DESCRIPTION

Getronics is an oldest technology services firm that provides a full suite of ICT services for many global brands and organizations. As an expert in the fields of workspace management services, connectivity, data centers, and consulting, Getronics is ideally placed to serve internationally active corporations and public-sector organizations throughout the world. Getronics was formed in 1887 and is based in Amsterdam, Netherlands.

DEAL STATS #
Overall 1 of 2
Sector (Internet Software and Services) 1 of 1
Type (Divestiture) 1 of 2
Country (United States) 1 of 2
Year (2015) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-12 Pomeroy IT Solutions

Hebron, Kentucky, United States

Pomeroy IT Solutions, Inc. is a provider of high quality IT infrastructure services from its locations throughout North America, Latin America, Europe, and Asia. Pomeroy’s portfolio of infrastructure managed services includes Workplace Services, Network Services, Data Center Services, and Cloud Services along with staffing services and the full range of procurement and logistics services. The industry’s foremost expert in Optimized Workplace Services, Pomeroy is industry recognized for Managed Workspace Services.

Buy -

Seller(S) 1

SELLER

Colt Technology Services Group

London, Latvia
Category Company
Founded 1992
Sector Communications
Revenue 1.5B GBP (2014)
DESCRIPTION

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.

DEAL STATS #
Overall 1 of 1
Sector (Internet Software and Services) 1 of 1
Type (Divestiture) 1 of 1
Country (United States) 1 of 1
Year (2015) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-11-12 KVH

Tokyo, Japan

KVH Co., Ltd. is a provider of IT services.

Buy €130M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-11-02 Lumen - EMEA Business

London, United Kingdom

Lumen's EMEA Business consisting terrestrial and subsea networks, data-centers and network equipment. Lumen's EMEA Business is based in London, United Kingdom.

Buy $1.8B
Mergr

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