M&A Deal Summary

IKON Office Solutions Acquires Ikon

On September 30, 1997, IKON Office Solutions acquired technology hardware company Ikon

Acquisition Highlights
  • This is IKON Office Solutions’ 1st transaction in the Technology Hardware sector.
  • This is IKON Office Solutions’ 1st transaction in the United States.
  • This is IKON Office Solutions’ 1st transaction in Washington.

M&A Deal Summary
Date 1997-09-30
Target Ikon
Sector Technology Hardware
Buyer(s) IKON Office Solutions
Deal Type Add-on Acquisition

Target

Ikon

Seattle, Washington, United States
Ikon Corporation is a hardware interface company founded in 1966 and headquartered in Seattle, Washington.

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Buyer(S) 1

Buyer

IKON Office Solutions

Malvern, Pennsylvania, United States
Category Company
Founded 1928
Sector Business Services
Employees24,000
DESCRIPTION

IKON Office Solutions manufactures and supplies document management systems for various business clients.

DEAL STATS #
Overall 2 of 3
Sector (Technology Hardware) 1 of 1
Type (Add-on Acquisition) 1 of 2
State (Washington) 1 of 1
Country (United States) 1 of 1
Year (1997) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1996-01-01 Kafevend Group

Crawley, United Kingdom

Kafevend Group Limited supplies vending machines and workplace refreshments to corporations in the United Kingdom. It offers fresh brew hot drinks systems, in-cup hot and cold drinks vending machines, and bean to cup coffee machines; food and snack vending machines; cans, bottles, water coolers, and dispensers; and hot and cold drinks, and snacks.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1998-08-18 Rockliff Computers

Runcorn, United Kingdom

Rockliff specializes in network design and installation, hardware and software procurement and maintenance, cabling, and application development and training.

Buy -
Mergr

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