M&A Deal Summary

MOQ Acquires TETRAN Pty

On March 3, 2016, MOQ acquired information technology company TETRAN Pty for 9M USD

Acquisition Highlights
  • This is MOQ’s 1st transaction in the Information Technology sector.
  • This is MOQ’s largest (disclosed) transaction.
  • This is MOQ’s 2nd transaction in Australia.

M&A Deal Summary

Date 2016-03-03
Target TETRAN Pty
Sector Information Technology
Buyer(s) MOQ
Deal Type Add-on Acquisition
Deal Value 9M USD

Target

TETRAN Pty

Lane Cove, Australia
TETRAN Pty Ltd. is a managed IT services and professional services company.

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Buyer(S) 1

Buyer

MOQ

North Sydney, Australia

Category Company
Founded 1990
Sector Information Technology
Revenue 71M AUD (2021)
DESCRIPTION

MOQ is a developer, builds and acquires complementary cloud focused technology businesses. Montech offers online tools for planning, development assessment and asset management software for the government and corporate sectors. MOQ was founded in 1990 and is based in North Sydney, Australia.


DEAL STATS #
Overall 2 of 2
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 2 of 2
Country (Australia) 2 of 2
Year (2016) 2 of 2
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-03 Skoolbag

Hamilton, Australia

Skoolbag is a provider of SaaS solutions for educational institutions, child-care centers and sports clubs. Skoolbag enables communication with parents or club members through a personalized smart phone or web applications and has a strong reputation and customer satisfaction level.

Buy $3M