M&A Deal Summary

OnX Enterprise Solutions Acquires Worknet

On June 11, 2013, OnX Enterprise Solutions acquired internet software and services company Worknet

Acquisition Highlights
  • This is OnX Enterprise Solutions’ 1st transaction in the Internet Software and Services sector.
  • This is OnX Enterprise Solutions’ 3rd transaction in the United States.
  • This is OnX Enterprise Solutions’ 1st transaction in Illinois.

M&A Deal Summary

Date 2013-06-11
Target Worknet
Sector Internet Software and Services
Buyer(s) OnX Enterprise Solutions
Deal Type Add-on Acquisition

Target

Worknet

Naperville, Illinois, United States
Worknet, Inc. is a provider of managed services, specializing in managed hosting, disaster recovery, and remote monitoring and management solutions.

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Buyer(S) 1

Buyer

OnX Enterprise Solutions

Thornhill, Ontario, Canada

Category Company
Founded 2006
Sector Internet Software and Services
DESCRIPTION

OnX Enterprise Solutions Ltd. is a global enterprise data center solutions provider with a suite of end-to-end solutions including the industry’s leading enterprise cloud offerings. OnX Enterprise Solutions was founded in 2006 and is based in Thornhill, Ontario.


DEAL STATS #
Overall 4 of 4
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: Illinois M&A 1 of 1
Country: United States M&A 3 of 3
Year: 2013 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-08-01 Agilysys - Technology Solutions Group

Solon, Ohio, United States

Agilysys - Technology Solutions Group, LLC is a provider of data center focused IT solutions to enterprise customers.

Buy -