M&A Deal Summary |
|
|---|---|
| Date | 2017-06-22 |
| Target | IDT Financial Services Holdings |
| Sector | Financial Services |
| Buyer(s) | JAR Capital |
| Sellers(s) | International Discount Telecommunications |
| Deal Type | Divestiture |
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JAR Capital is an asset management firm focused on providing wealth management services. In addition to advising on fund investments, JAR Capital directly invests alongside its clients in opportunities across the US, Europe, Middle East, and Asia. JAR Capital was formed in 2014 and is headquartered in London.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Financial Services M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| Country: Spain M&A | 1 of 1 |
| Year: 2017 M&A | 1 of 1 |
| Category | Company |
|---|---|
| Founded | 1990 |
| Sector | Communications |
| Employees | 1,820 |
| Revenue | 1.2B USD (2024) |
International Discount Telecommunications is a telecommunications company, that provides services to personal and business customers. International Discount Telecommunications was founded in 1990 and is based in Newark, New Jersey.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector: Financial Services M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 2 of 2 |
| Country: Spain M&A | 1 of 1 |
| Year: 2017 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2006-02-17 |
net2phone
Newark, New Jersey, United States net2phone, Inc. is a provider of cloud based telephony services. net2phone's flagship hosted PBX service offers its channel partners the opportunity to uncover significant recurring revenues, enjoy customer retention, and add new services to, or even build, their own brands. |
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