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  6. Hansen Information Technologies Acquires Spear Technologies

M&A Deal Summary

Hansen Information Technologies Acquires Spear Technologies

On April 20, 2006, Hansen Information Technologies acquired information technology company Spear Technologies

Acquisition Highlights
  • This is Hansen Information Technologies’ 1st transaction in the Information Technology sector.
  • This is Hansen Information Technologies’ 1st transaction in the United States.
  • This is Hansen Information Technologies’ 1st transaction in California.

M&A Deal Summary
Date 2006-04-20
Target Spear Technologies
Sector Information Technology
Buyer(s) Hansen Information Technologies
Deal Type Add-on Acquisition
Advisor(s) Siemer & Associates (Financial)

Target

Spear Technologies

San Francisco, California, United States
Spear serves over 10,000 users worldwide and maintains transportation and rolling stock assets that move over 11 million people each day.

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Buyer(S) 1

Buyer

Hansen Information Technologies

Alpharetta, Georgia, United States
Category Company
Founded 1983
Sector Business Services
DESCRIPTION

Hansen is the world's leading provider of intelligent, adaptive, and pervasive solutions that help manage government transactions. Headquartered in Rancho Cordova, California, the company is a privately-held corporation employing over 260 people with offices in Auckland, London, Melbourne, Perth, Sydney, and Toronto.

DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2006 M&A 1 of 1
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