Buyout (LBO, MBO, MBI) • Information Technology

GMT Communications Partners Acquires AddSecure

On February 1, 2005, private equity firm GMT Communications Partners acquired information technology company AddSecure for 60M EUR

Acquisition Context
  • This is GMT Communications Partners’ 1st transaction in the Information Technology sector.
  • This is GMT Communications Partners’ 3rd largest (disclosed) transaction.
  • This is GMT Communications Partners’ 1st transaction in Sweden.
Investment Fate
  • AddSecure was sold to a consortium of financial buyers in 2016.
  • AddSecure was sold to a consortium of financial buyers in 2019.

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M&A Deal Summary

Date February 1, 2005
Target AddSecure
Sector Information Technology
Buyer(s) GMT Communications Partners
Deal Type Buyout (LBO, MBO, MBI)
Deal Value 60M EUR

Target Company

AddSecure

Stockholm, Sweden
AddSecure is a provider of IoT solutions with a focus on secure critical communications and data. AddSecure offers solutions within Smart Alarms, Smart Rescue, Smart Grids and Smart Transport. AddSecure was founded in 1979 and is based in Stockholm, Sweden.
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Buyer Overview 1

Buyer

GMT Communications Partners

London, United Kingdom

Investor Investor Investor Investor


Category Private Equity Firm
Founded 1993
PE ASSETS 3.5B EUR
Size Large
Type Sector Focused
DESCRIPTION

GMT Communications Partners is a specialist private equity firm focused on investments in the media and communications industries. The Firm prefers established companies with strong barriers to entry. Specific sectors of interest include publishing, information services, tv/radio, mobile voice & data networks, out-of-home media, and telecom infrastructure/services. GMT focuses its investment activity across Europe and will consider later stage investments as well as buyouts. GMT Communications Partners is based in London.


Deal Context for Buyer #
Overall 21 of 30
Sector: Information Technology 1 of 2
Type: Buyout (LBO, MBO, MBI) 19 of 24
Country: Sweden 1 of 2
Year: 2005 1 of 2
Size (of disclosed) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-10-14 Steleus

Westford, Massachusetts, United States

Steleus, Inc. is a performance management company, engages in supplying network-related intelligence to telecom operators.

Sell $57M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-04-01 Karneval s.r.o

Prague, Czech Republic

Karneval s.r.o is a provider of cable television and broadband Internet connection services to households in Czech Republic.

Sell -