M&A Deal Summary |
|
|---|---|
| Date | 2016-11-10 |
| Target | NovaTel |
| Sector | Technology Hardware |
| Buyer(s) | Magna5 |
| Sellers(s) | X5 Solutions |
| Deal Type | Divestiture |
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Magna5 is a managed IT service provider focusing in network and server monitoring, backup and disaster recovery, cybersecurity, help desk and SD-WAN. Magna5 also provides network services, unified communications, and infrastructure technology to more than 7,500 mid-market enterprise customers, including regional leaders within the education, healthcare, government, financial services and beyond. Serving small- to mid-market sized companies, Magna5 offers traditional voice and data services as well as a host of “above the net” cloud services. Magna5 is based in Pittsburgh, Pennsylvania.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 12 |
| Sector: Technology Hardware M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 2 of 3 |
| State: Texas M&A | 1 of 1 |
| Country: United States M&A | 3 of 12 |
| Year: 2016 M&A | 3 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-11-10 |
X5 Solutions
Seattle, Washington, United States X5 Solutions, Inc. is a provider of communication technologies to deliver diverse solutions to private and public businesses, government agencies and wholesale partners across North America. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-11-16 |
NetServe365
Pittsburgh, United States NetServe365 is an award-winning managed services provider, specializes in network and server monitoring management, cloud hosting and IT consulting. The company’s fully managed IT security offerings combine certified expertise and advanced technology to supply powerful monitoring, management and incident response. |
Buy | - |
X5 Solutions, Inc. is a provider of communication technologies to deliver diverse solutions to private and public businesses, government agencies and wholesale partners across North America.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector: Technology Hardware M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 2 of 2 |
| State: Texas M&A | 1 of 1 |
| Country: United States M&A | 2 of 2 |
| Year: 2016 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-11-10 |
CornerStone Telephone Co.
Troy, New York, United States CornerStone Telephone Co. is an advanced communications solutions provider for business and enterprise customers. |
Sell | - |