Divestiture • Information Technology

Logicalis Group Acquires 2e2 Guernsey

On March 4, 2013, Logicalis Group acquired information technology company 2e2 Guernsey from 2e2 Group for 24M EUR

Acquisition Context
  • This is Logicalis Group’s 3rd transaction in the Information Technology sector.
  • This is Logicalis Group’s 0th largest (disclosed) transaction.
  • This is Logicalis Group’s 1st transaction in Channel Islands.

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M&A Deal Summary

Date March 4, 2013
Target 2e2 Guernsey
Sector Information Technology
Buyer(s) Logicalis Group
Sellers(s) 2e2 Group
Deal Type Divestiture
Deal Value 24M EUR

Target Company

2e2 Guernsey

Guernsey, Channel Islands
2e2 Guernsey Ltd. is a provider of IT Service Management (ITSM) Consultancy, also providing ITSM-as-a-Service offerings. The company is based in Guernsey, Channel Islands.
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Buyer Overview 1

Buyer

Logicalis Group

Slough, United Kingdom

Category Company
Founded 1988
Sector Information Technology
DESCRIPTION

Logicalis Group Ltd. is an international IT solutions and managed services provider with a breadth of knowledge and expertise in communications and collaboration; data centre and cloud services; and managed services.


Deal Context for Buyer #
Overall 4 of 17
Sector: Information Technology 3 of 12
Type: Divestiture 3 of 4
Country: Channel Islands 1 of 3
Year: 2013 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-11-09 Cibercall S.A. - Colombia & Ecuador Operations

Colombia

Cibercall S.A. - Colombia & Ecuador Operations is a provider of voice, data and video services solutions in the regions of Central America, northern South America and the Caribbean. The operations are located in Colombia and Ecuador.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-10-14 iConsult

Jersey, Channel Islands

iConsult (Jersey) Ltd. is a Channel Islands based provider of hosted desktop and mail solutions.

Buy -

Seller Profile 1

SELLER

2e2 Group

Newbury, United Kingdom

Category Company
Founded 2002
Sector Information Technology
Employees2,500
DESCRIPTION

2e2 Group Ltd. is an IT services provider offering IT infrastructure, maintenance, networking, education and other managed services. 2e2 Group was formed in 2002 and is based in Newbury, United Kingdom.


Deal Context for Seller #
Overall 1 of 1
Sector: Information Technology 1 of 1
Type: Divestiture 1 of 1
Country: Channel Islands 1 of 1
Year: 2013 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-04-26 Morse

Brentford, United Kingdom

Morse plc is a provider of IT services in UK.

Buy -