M&A Deal Summary

Inventergy Acquires eOn Communications

On June 6, 2014, Inventergy acquired technology hardware company eOn Communications from ChinaVest and Madison Industries

Acquisition Highlights
  • This is Inventergy’s 1st transaction in the Technology Hardware sector.
  • This is Inventergy’s 1st transaction in the United States.
  • This is Inventergy’s 1st transaction in Missouri.

M&A Deal Summary

Date 2014-06-06
Target eOn Communications
Sector Technology Hardware
Buyer(s) Inventergy
Sellers(s) ChinaVest
Madison Industries
Deal Type Merger

Target

eOn Communications

Corinth, Missouri, United States
eOn Communications Corporation, through its subsidiaries, provides telecommunications solutions in North America, Puerto Rico, and the Virgin Islands. The company operates in two segments, Telephony Products and Puerto Rico.

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Buyer(S) 1

Buyer

Inventergy

Campbell, California, United States

Category Company
Sector Communications
Employees3
Revenue 2M USD (2016)
DESCRIPTION

Inventergy is an intellectual property acquisition and licensing company dedicated to identifying, acquiring and licensing the patented technologies of market-significant technology leaders.


DEAL STATS #
Overall 1 of 1
Sector (Technology Hardware) 1 of 1
Type (Merger) 1 of 1
State (Missouri) 1 of 1
Country (United States) 1 of 1
Year (2014) 1 of 1

Seller(S) 2

SELLER

ChinaVest

Hong Kong, China

Investor Investor Investor Investor Investor


Category Merchant Bank
Founded 1981
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

ChinaVest is an investment and financial advisory firm based in China. The Firm functions as a bridge to Chinese companies and foreign multi-national corporations. As a financial intermediary, ChinaVest assists foreign multinational companies, local Chinese firms, private equity funds and other investors evaluate and execute cross-border transactions. The Firm concentrates on mergers & acquisitions, private placements, divestitures, joint ventures, management buyouts, leveraged buyouts and corporate restructuring in both private and public companies. As a principal investor, ChinaVest takes both majority and minority equity stakes in Chinese firms and may also co-invest with hedge funds or private equity funds. ChinaVest was founded in 1981 is based in Shanghai.


DEAL STATS #
Overall 7 of 7
Sector (Technology Hardware) 1 of 1
Type (Merger) 1 of 1
State (Missouri) 1 of 1
Country (United States) 3 of 3
Year (2014) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-05-13 AsiaInfo Technologies

Beijing, China

AsiaInfo Technologies is a provider of software and IT services to the telecommunications industry. Incorporating advanced technologies like Cloud and Big Data, company software enables telecom operators to gain a competitive edge. AsiaInfo Technologies was founded in 1993 and is based in Beijing, China.

Sell $890M
SELLER

Madison Industries

Chicago, Illinois, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1994
Size Large
Type Sector Focused
DESCRIPTION

Madison Industries is a privately held investment holding firm that targets growth investments in and acquisitions of industrial manufacturing companies. Madison prefers businesses with a defensible market niche, established technology, and significant cash-flow growth potential. Madison will also consider turnaround situations. Target opportunities generally have sales between $50 million and $2 billion. Madison Industries is based in Chicago, Illinois.


DEAL STATS #
Overall 16 of 18
Sector (Technology Hardware) 1 of 1
Type (Merger) 1 of 1
State (Missouri) 1 of 1
Country (United States) 15 of 17
Year (2014) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-03-31 Global Employment Solutions

Littleton, Colorado, United States

Global Employment Solutions, Inc. provides Information Technology and Professional staffing services in the commercial and government markets under the brands Fahrenheit IT, ITEC and Global Employment Solutions. GES employs over 1,500 professionals with office locations in 13 markets.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-12-01 Tricon

Irondale, Alabama, United States

Tricon is a provider of abrasion-resistant steel products and expertise to the power, mining, quarrying, construction, timber, paper, and allied industries. Tricon was formed in 1968 and is based in Irondale, Alabama.

Buy -