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  5. M2 Group Acquires CallPlus Services

M&A Deal Summary

M2 Group Acquires CallPlus Services

On April 13, 2015, M2 Group acquired communications company CallPlus Services for 250M NZD

Acquisition Highlights
  • This is M2 Group’s 1st transaction in the Communications sector.
  • This is M2 Group’s largest (disclosed) transaction.
  • This is M2 Group’s 1st transaction in New Zealand.

M&A Deal Summary
Date 2015-04-13
Target CallPlus Services
Sector Communications
Buyer(s) M2 Group
Deal Type Add-on Acquisition
Deal Value 250M NZD

Target

CallPlus Services

Auckland, New Zealand
CallPlus Services Ltd. is a provider of data and voice communication services. CallPlus is an Internet Service Providers (ISPs).

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Buyer(S) 1

Buyer

M2 Group

Melbourne, Australia
Category Company
Founded 1999
Sector Communications
Revenue 1.0B AUD (2014)
DESCRIPTION

M2 Group Ltd. is a retailer and wholesaler of telecommunications services as well as power, gas and insurance products. M2 Group was formed in 1999 and is based in Melbourne, Australia.

DEAL STATS #
Overall 1 of 1
Sector: Communications M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: New Zealand M&A 1 of 1
Year: 2015 M&A 1 of 1
Size (of disclosed) 1 of 1
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