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  5. Pinnacle Cloud Solutions Acquires Online Computer Developments

M&A Deal Summary

Pinnacle Cloud Solutions Acquires Online Computer Developments

On October 6, 2011, Pinnacle Cloud Solutions acquired information technology company Online Computer Developments for 110M GBP

Acquisition Highlights
  • This is Pinnacle Cloud Solutions’ 1st transaction in the Information Technology sector.
  • This is Pinnacle Cloud Solutions’ 0th largest (disclosed) transaction.
  • This is Pinnacle Cloud Solutions’ 1st transaction in the United Kingdom.

M&A Deal Summary
Date 2011-10-06
Target Online Computer Developments
Sector Information Technology
Buyer(s) Pinnacle Cloud Solutions
Deal Type Add-on Acquisition
Deal Value 110M GBP

Target

Online Computer Developments

Glasgow, United Kingdom
Online Computer Developments Ltd is a provider of IT support and solutions.

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Buyer(S) 1

Buyer

Pinnacle Cloud Solutions

United Kingdom
Category Company
Founded 1986
Sector Information Technology
DESCRIPTION

Pinnacle Cloud Solutions Ltd is a provider of cloud computing information technology services.

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: 2011 M&A 1 of 1
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