M&A Deal Summary

SmartTrust AB Acquires Across Wireless AB

On April 18, 2000, SmartTrust AB acquired communications company Across Wireless AB from Permira

Acquisition Highlights
  • This is SmartTrust AB’s 1st transaction in the Communications sector.
  • This is SmartTrust AB’s 1st transaction in Sweden.

M&A Deal Summary

Date 2000-04-18
Target Across Wireless AB
Sector Communications
Buyer(s) SmartTrust AB
Sellers(s) Permira
Deal Type Add-on Acquisition

Target

Across Wireless AB

Stockholm, Sweden
Across Wireless AB is a company that had developed a range of products designed to enable mobile phone operators to manage their populations of SIM cards via their wireless networks and to implement mobile internet and mobile commerce applications on a standard phone.

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Buyer(S) 1

Buyer

SmartTrust AB

Stockholm, Sweden

Category Company
Sector Software
DESCRIPTION

SmartTrust is a developer of infrastructure software for managing and securing mobile services.


DEAL STATS #
Overall 1 of 1
Sector: Communications M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Sweden M&A 1 of 1
Year: 2000 M&A 1 of 1

Seller(S) 1

SELLER

Permira

London, United Kingdom

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1985
PE ASSETS 80.0B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

Permira is a mega-sized private equity firm that targets large company investments around the world. Permira invests to support acquisitions, leveraged buyouts, take-privates, turnarounds, and growth buyouts. Areas of interest include healthcare, financial services, chemicals, consumer products and services, industrial products and services, technology, media, and telecom. Permira will consider opportunities in Europe, Asia, and North America. Permira was formed in 1985 and has offices in Menlo Park, Frankfurt, Luxembourg, London, Hong Kong, Madrid, Milan, Paris, Stockholm, Tokyo, Guernsey and New York City.


DEAL STATS #
Overall 8 of 97
Sector: Communications M&A 1 of 5
Type: Add-on Acquisition M&A Deals 1 of 30
Country: Sweden M&A 1 of 2
Year: 2000 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-03-01 Takko Fashion

Telgte, Germany

Takko Fashion is a retailer of fashionable 'value for money' clothing, targeting young families and women aged between 25 and 40. Takko Fashion was formed in 1982 and runs over 900 stores in Germany, Austria, The Netherlands, Hungary, and the Czech Republic.

Buy €604M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2000-05-01 I&T

Siegendorf, Austria

I&T GmbH manufactures components for the automitive industry.

Buy -