M&A Deal Summary

Redcentric Acquires InTechnology Managed Services

On November 18, 2013, Redcentric acquired information technology company InTechnology Managed Services from Intechnology for 65M GBP

Acquisition Highlights
  • This is Redcentric’s 1st transaction in the Information Technology sector.
  • This is Redcentric’s largest (disclosed) transaction.
  • This is Redcentric’s 1st transaction in the United Kingdom.

M&A Deal Summary
Date 2013-11-18
Target InTechnology Managed Services
Sector Information Technology
Buyer(s) Redcentric
Sellers(s) Intechnology
Deal Type Divestiture
Deal Value 65M GBP

Target

InTechnology Managed Services

Harrogate, United Kingdom
InTechnology Managed Services Ltd. is a provider of information technology infrastructure services. The company was incorporated in 2012 and is based in Harrogate, United Kingdom.

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Buyer(S) 1

Buyer

Redcentric

Harrogate, United Kingdom
Category Company
Founded 1997
Sector Information Technology
Employees457
Revenue 94M GBP (2015)
DESCRIPTION

Redcentric plc is a UK IT managed services provider.

DEAL STATS #
Overall 1 of 2
Sector (Information Technology) 1 of 2
Type (Divestiture) 1 of 1
Country (United Kingdom) 1 of 2
Year (2013) 1 of 1
Size (of disclosed) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-04-02 Calyx Managed Services

London, United Kingdom

Calyx Managed Services is a provider of Managed ICT Services in the UK and Ireland. The Group’s principal divisions offer IT outsourcing, telecommunications carrier services and software solutions.

Buy £12M

Seller(S) 1

SELLER

Intechnology

Harrogate, United Kingdom
Category Company
Founded 1983
Sector Information Technology
Employees211
DESCRIPTION

Intechnology plc is a provider of digital health services and Wi-Fi systems in the United Kingdom. Company offers Inhealthcare, a managed digital service for the healthcare sector that provides services for pain management, wound management, INR self-testing, undernutrition, weight management, falls prevention, vital signs, COPD, and others.

DEAL STATS #
Overall 1 of 1
Sector (Information Technology) 1 of 1
Type (Divestiture) 1 of 1
Country (United Kingdom) 1 of 1
Year (2013) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-05-23 United Tele Health

Newark, United Kingdom

United Tele Health Ltd. offer a range of clinically driven, integrated solutions, designed to help people remain safely in their homes, assisting them to pro-actively monitor and manage their own health, whilst reducing social isolation.

Buy -
Mergr

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