M&A Deal Summary

Gladstone Acquires London Systems

On September 1, 2006, Gladstone acquired software company London Systems

Acquisition Highlights
  • This is Gladstone’s 1st transaction in the Software sector.
  • This is Gladstone’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2006-09-01
Target London Systems
Sector Software
Buyer(s) Gladstone
Deal Type Add-on Acquisition

Target

London Systems

Enfield, United Kingdom
London Systems Ltd. provides a range of systems and software based solutions for schools, academies and colleges throughout the U.K, including e-registration, cashless payment, access control and biometric recognition.

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Buyer(S) 1

Buyer

Gladstone

Oxon, United Kingdom

Category Company
Sector Software
Revenue 10M GBP (2009)
DESCRIPTION

Gladstone Ltd. is a provider of membership software and services across the health and fitness market.


DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2006 M&A 1 of 1