M&A Deal Summary

Nasstar Acquires e-know.net

On January 13, 2014, Nasstar acquired internet software and services company e-know.net from NVM Private Equity for 13M GBP

Acquisition Highlights
  • This is Nasstar’s 1st transaction in the Internet Software and Services sector.
  • This is Nasstar’s 2nd largest (disclosed) transaction.
  • This is Nasstar’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2014-01-13
Target e-know.net
Sector Internet Software and Services
Buyer(s) Nasstar
Sellers(s) NVM Private Equity
Deal Type Add-on Acquisition
Deal Value 13M GBP

Target

e-know.net

Telford, United Kingdom
e-know.net provides a comprehensive cloud service package, offering hosted desktop and exchange services, managed Voice over Internet Protocol (VoIP), Software-as-a-Service (SaaS) and IT support. The business has focused principally on direct sales to the legal, financial services and recruitment sectors, benefiting from its ability to support industry specific regulatory requirements.

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Buyer(S) 1

Buyer

Nasstar

Telford, United Kingdom

Category Company
Founded 1998
Sector Internet Software and Services
Employees203
Revenue 26M GBP (2018)
DESCRIPTION

Nasstar is a provider of hosted managed and cloud computing services. Hosted desktop is a cloud computing solution enabling clients to access their desktops, business applications, and files from anywhere with internet connectivity, using various devices. Nasstar was founded in 1998 and is based in Telford, United Kingdom.


DEAL STATS #
Overall 1 of 4
Sector: Internet Software and Services M&A 1 of 4
Type: Add-on Acquisition M&A Deals 1 of 4
Country: United Kingdom M&A 1 of 4
Year: 2014 M&A 1 of 2
Size (of disclosed) 2 of 4
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-07-24 Kamanchi

London, United Kingdom

Kamanchi Ltd. is an IT outsourcer and hosted desktop provider in the recruitment sector.

Buy £3M

Seller(S) 1

SELLER

NVM Private Equity

Newcastle Upon Tyne, United Kingdom

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1984
PE ASSETS 290M GBP
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

NVM Private Equity is an investor in growth-oriented UK-based companies. NVM does not have any sector preferences and looks to invest £2 to £10 million equity per transaction. NVM will consider a variety of transaction situations, including MBOs, MBIs, development capital financings, turnarounds, recapitalizations and early stage financings. NVM Private Equity was established in 1984 and was formerly known as Northern Venture Managers Ltd. NVM is based in Newcastle with additional offices in Edinburgh, Manchester, and Reading.


DEAL STATS #
Overall 12 of 37
Sector: Internet Software and Services M&A 2 of 3
Type: Add-on Acquisition M&A Deals 9 of 17
Country: United Kingdom M&A 12 of 37
Year: 2014 M&A 1 of 2
Size (of disclosed) 10 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-12-03 Alaric Systems

London, United Kingdom

Alaric provides fraud prevention and intelligent transaction handling solutions, serving online payment service providers, ecommerce and bricks-and-mortar merchants, banks, issuers, processors, merchant acquirers, ISOs and payment networks globally.

Sell $84M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-02-19 It s All Good

Gateshead, United Kingdom

It's All Good Ltd. is a snack manufacturer specializing in premium tortilla chips. It's All Good was founded in 2012 and is based in Gateshead, United Kingdom.

Buy -