M&A Deal Summary

Konica Minolta Acquires Symquest Group

On June 2, 2015, Konica Minolta acquired information technology company Symquest Group

Acquisition Highlights
  • This is Konica Minolta’s 5th transaction in the Information Technology sector.
  • This is Konica Minolta’s 6th transaction in the United States.
  • This is Konica Minolta’s 1st transaction in Vermont.

M&A Deal Summary
Date 2015-06-02
Target Symquest Group
Sector Information Technology
Buyer(s) Konica Minolta
Deal Type Add-on Acquisition

Target

Symquest Group

South Burlington, Vermont, United States
Symquest Group, Inc. is a provider of hybrid dealer engaged in managed IT services and document solution. Symquest designs, installs, and supports business technologies that handle the information flow of electronic and physical communications.

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Buyer(S) 1

Buyer

Konica Minolta

Tokyo, Japan
Category Company
Founded 1873
Sector Technology Hardware
Employees39,378
Revenue 1.16T JPY (2024)
DESCRIPTION
Konica Minolta office building in North Sydney, Australia.
Konica Minolta office building in North Sydney, Australia.

Konica Minolta is a manufacturer of copiers, laser printers, multi-functional peripherals and digital print systems. Konica Minolta was founded in 1873 and is based in Tokyo, Japan.

DEAL STATS #
Overall 11 of 26
Sector (Information Technology) 5 of 12
Type (Add-on Acquisition) 10 of 25
State (Vermont) 1 of 1
Country (United States) 6 of 18
Year (2015) 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-06-11 Ergo Asia Pty

Sydney, Australia

Ergo Asia Pty Ltd. is a marketing production management services provider.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-06-24 Radiant Vision Systems

Redmond, Washington, United States

Radiant Vision Systems LLC is a designer, tester and measurement business for creating optical systems and measuring light and color.

Buy -
Mergr

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