M&A Deal Summary

MACH Acquires Cibernet

On March 6, 2007, MACH acquired communications company Cibernet from Peepul Capital

Acquisition Highlights
  • This is MACH’s 1st transaction in the Communications sector.
  • This is MACH’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2007-03-06
Target Cibernet
Sector Communications
Buyer(s) MACH
Sellers(s) Peepul Capital
Deal Type Add-on Acquisition

Target

Cibernet

London, United Kingdom
Cibernet Plc is a provider of data management services. Cibernet provides clients with inter-company billing protocols, roaming administration tools and financial settlement programs.

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Buyer(S) 1

Buyer

MACH

Contern, Luxembourg

Category Company
Founded 1989
Sector Communications
DESCRIPTION

MACH is a hub-based mobile communications exchange. MACH solutions shorten providers' time to market for new mobile applications, optimize service delivery to the mobile end-user, and accelerate the settlement of inter-operator financial liabilities. MACH enables the efficient flow of mobile traffic, of service validation, delivery and billing information, and of settlement transactions.


DEAL STATS #
Overall 1 of 1
Sector: Communications M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2007 M&A 1 of 1

Seller(S) 1

SELLER

Peepul Capital


Category Growth Capital Firm
Founded 2000
PE ASSETS 700M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Peepul Capital is an India-focused private equity firm focused on promising early-stage, expansion-stage and restructuring/buyout opportunities. Peepul looks to invest $15 to $35 million per transaction. The Firm prefers 'asset light', scalable businesses with products and services targeting the Indian consumer. Peepul was formed in 2000 and maintains its investment offices in Chennai and Hyderabad.


DEAL STATS #
Overall 3 of 12
Sector: Communications M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 8
Country: United Kingdom M&A 1 of 1
Year: 2007 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-02-01 MedPlus Health Services Pvt.

Hyderabad, India

MedPlus Health Services P Ltd. is a privately held company operates a pharmacy retail chain in India.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-09-01 Oriental Cuisines

Chennai, India

Oriental Cuisines is a food courts and restaurants operators in India, With 75 outlets on its platter, Oriental Cuisines has consistently been the first choice for connoisseurs of fine cuisine in India. It has also been the preferred choice for IT parks and mall builders who strive to provide customers with world class food court facilities. Oriental Cuisines was founded in 1994 and is based in Chennai, India.

Buy -