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  5. Optimity Acquires Pebble IT

M&A Deal Summary

Optimity Acquires Pebble IT

On March 3, 2020, Optimity acquired information technology company Pebble IT

Acquisition Highlights
  • This is Optimity’s 1st transaction in the Information Technology sector.
  • This is Optimity’s 1st transaction in the United Kingdom.

M&A Deal Summary
Date 2020-03-03
Target Pebble IT
Sector Information Technology
Buyer(s) Optimity
Deal Type Add-on Acquisition

Target

Pebble IT

London, United Kingdom
Pebble IT Ltd. is an established managed IT services provider that offers end-to-end IT solutions for UK-based and global SME customers. Specializing in cloud, security & compliance, infrastructure, and consulting services.

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Buyer(S) 1

Buyer

Optimity

London, United Kingdom
Category Company
Founded 2002
Sector Communications
DESCRIPTION

Optimity is an internet service provider that supplies businesses with ultrafast broadband and cloud services using a new technology that makes it faster and cheaper to connect to the internet, compared to the fiber leased line alternative. It originally started as a telecoms reseller and pivoted its business three years ago to become an internet service provider. Optimity was founded in 2002 and is based in London, England.

DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2020 M&A 1 of 1
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