M&A Deal Summary

SmartSpace Software Acquires Comunica Holdings

On November 5, 2013, SmartSpace Software acquired information technology company Comunica Holdings from Castleton Technology for 10M GBP

Acquisition Highlights
  • This is SmartSpace Software’s 2nd transaction in the Information Technology sector.
  • This is SmartSpace Software’s largest (disclosed) transaction.
  • This is SmartSpace Software’s 4th transaction in the United Kingdom.

M&A Deal Summary

Date 2013-11-05
Target Comunica Holdings
Sector Information Technology
Buyer(s) SmartSpace Software
Sellers(s) Castleton Technology
Deal Type Divestiture
Deal Value 10M GBP

Target

Comunica Holdings

Pinner, United Kingdom
Comunica Holdings Ltd. is a significant player in the UK Information Technology and Communications sector. Comunica Holdings engages in infrastructure, smart buildings and support services with a strong financial services client base.

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Buyer(S) 1

Buyer

SmartSpace Software

Suffolk, United Kingdom

Category Company
Founded 2000
Sector Software
Employees68
Revenue 5M GBP (2023)
DESCRIPTION

SmartSpace Software is a SaaS-based technology business, designing and building smart software solutions. The Company's software helps transform employee engagement with modules which include visitor management, desk management, meeting room management and analytics. Smartspace Software was founded in 2000 and is based in Suffolk, England.


DEAL STATS #
Overall 4 of 9
Sector (Information Technology) 2 of 4
Type (Divestiture) 1 of 1
Country (United Kingdom) 4 of 8
Year (2013) 3 of 3
Size (of disclosed) 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-06-12 Premium O

Loudwater, United Kingdom

Premium O Ltd. is a specialist B2B telecoms solutions provider & network operator within the interactive communications industry. Offering its clients the ability to utilise its proven technology and market knowledge to expand upon the media used to interact with current and target audiences, Premium O has proven to be a significant source of new revenue through monetising its collection of valuable telephone numbers, improved efficiency and enhanced customer retention for many of its clients.

Buy £2M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-02-07 Actimax Acquisitions

Basildon, United Kingdom

CloudXL is a managed network, unified communications and data services provider. The company provides solutions that encompass a range of services from traditional IT support and network services to hosted and virtualised solutions, over public and private cloud infrastructure. Actimax has 62 employees, of which 23 are engineers or engaged in technical support.

Buy £2M

Seller(S) 1

SELLER

Castleton Technology

Sutton Coldfield, United Kingdom

Category Company
Founded 1997
Sector Software
Employees177
Revenue 26M GBP (2019)
DESCRIPTION

Castleton Technology Plc is a provider of complementary software and managed services to the public and not-for-profit sectors. Castleton works in partnership with its customers and resellers to help drive efficiencies whilst improving controls and customer service. Castleton Technology was founded in 1997 and is based in Sutton Coldfield, the United Kingdom.


DEAL STATS #
Overall 1 of 2
Sector (Information Technology) 1 of 2
Type (Divestiture) 1 of 2
Country (United Kingdom) 1 of 2
Year (2013) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-11-08 Fujin Systems

Theale, United Kingdom

Fujin Systems Ltd. is an ICT integration specialist with specific strengths in the installation and management of advanced Ethernet technologies, next generation security and high availability core data services. Fujin specialises in data centre consolidation in a number of key vertical markets including research, media and on-line gaming.

Buy £3M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-03-03 Castleton Technology - QAD Software Consultancy Business

United Kingdom

Castleton Technology Plc - QAD Software Consultancy Business is focussed on QAD consultancy and technical services to support ERP systems in the manufacturing and distribution sectors.

Sell -