Add-on Acquisition • Retail

SEVAK Acquires I-Gate Holding Sdn. Bhd.

On April 4, 2011, SEVAK acquired retailer I-Gate Holding Sdn. Bhd.

Acquisition Context
  • This is SEVAK’s 1st transaction in the Retail sector.
  • This is SEVAK’s 1st transaction in Malaysia.

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M&A Deal Summary

Date April 4, 2011
Target I-Gate Holding Sdn. Bhd.
Sector Retail
Buyer(s) SEVAK
Deal Type Add-on Acquisition

Target Company

I-Gate Holding Sdn. Bhd.

Malaysia
I-Gate Holding Sdn. Bhd. is a retailer of mobile telecommunication equipment and distributes mobile and accessories.
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Buyer Overview 1

Buyer

SEVAK

Singapore, Singapore

Category Company
Founded 1993
Sector Communications
Revenue 362M SGD (2014)
DESCRIPTION

SEVAK is a distributor, provider, and enabler of info-communication products and services. The Company continues to focus on 3 verticals: operator products and distribution service, information communications and technology (ICT) distribution and managed services, and mobile devices retail services. SEVAK was formed in 1993 and is based in Singapore.


Deal Context for Buyer #
Overall 1 of 1
Sector: Retail 1 of 1
Type: Add-on Acquisition 1 of 1
Country: Malaysia 1 of 1
Year: 2011 1 of 1

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