M&A Deal Summary

New Era Technology Acquires Promedia Technology Services

On July 8, 2015, New Era Technology acquired information technology company Promedia Technology Services

Acquisition Highlights
  • This is New Era Technology’s 1st transaction in the Information Technology sector.
  • This is New Era Technology’s 1st transaction in the United States.
  • This is New Era Technology’s 1st transaction in New Jersey.

M&A Deal Summary

Date 2015-07-08
Target Promedia Technology Services
Sector Information Technology
Buyer(s) New Era Technology
Deal Type Add-on Acquisition

Target

Promedia Technology Services

Little Falls, New Jersey, United States
Promedia Technology Services, Inc. is a network integrator and service provider, specializing in deployment of technology solutions with maximum benefit to the end user and maximum usability and security for each organization.

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Buyer(S) 1

Buyer

New Era Technology

West Chester, Pennsylvania, United States

Category Company
Founded 1985
Sector Information Technology
DESCRIPTION

New Era Technology, Inc.(old) is a technology specialized integrator of professional audiovisual systems for business, education, government, and healthcare marketplaces. New Era Technology, Inc.(old) is founded in 1985 and is based in West Chester, Pennsylvania.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: New Jersey M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2015 M&A 1 of 1