M&A Deal Summary

Magellanic Cloud Acquires IVIS

On May 25, 2022, Magellanic Cloud acquired safety/security company IVIS for 2.9B INR

Acquisition Highlights
  • This is Magellanic Cloud’s 2nd transaction in the Safety/Security sector.
  • This is Magellanic Cloud’s 0th largest (disclosed) transaction.
  • This is Magellanic Cloud’s 2nd transaction in India.

M&A Deal Summary
Date 2022-05-25
Target IVIS
Sector Safety/Security
Buyer(s) Magellanic Cloud
Deal Type Add-on Acquisition
Deal Value 2.9B INR
Advisor(s) Berkery, Noyes & Co. (Financial)

Target

IVIS

Hyderabad, India
IVIS build, deliver, install, monitor and maintain surveillance systems. IVIS is based in Hyderabad, India.

Search 200,577 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Magellanic Cloud

Hyderabad, India
Category Company
Sector Internet Software and Services
DESCRIPTION

Magellanic Cloud works in the digital space and is at the forefront of providing innovative technology solutions to a gamut of industries. Magellanic Cloud is based in Hyderabad, India.

DEAL STATS #
Overall 2 of 2
Sector (Safety/Security) 2 of 2
Type (Add-on Acquisition) 2 of 2
Country (India) 2 of 2
Year (2022) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-25 Provigil Surveillance

Hyderabad, India

Provigil Surveillance is an IoT technology enabled e-surveillance services. Provigil Surveillance is based in Hyderabad, India.

Buy Rs360M
Mergr

Product

Company

Legal