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  5. Symbio Acquires Inabox Group

M&A Deal Summary

Symbio Acquires Inabox Group

On December 7, 2018, Symbio acquired information technology company Inabox Group for 5.7B AUD

Acquisition Highlights
  • This is Symbio’s 1st transaction in the Information Technology sector.
  • This is Symbio’s 0th largest (disclosed) transaction.
  • This is Symbio’s 1st transaction in Australia.

M&A Deal Summary
Date 2018-12-07
Target Inabox Group
Sector Information Technology
Buyer(s) Symbio
Deal Type Add-on Acquisition
Deal Value 5.7B AUD

Target

Inabox Group

Sydney, Australia
Inabox Group Ltd. is a provider of of IT and telecommunications products, services and support including, next generation NBN, Business Ethernet, IP voice services, fixed voice, mobile, connectivity, cloud, managed IT services, and hosted collaboration, Network as a Service (NaaS) and Infrastructure as a Service (IAAS) services. Inabox Group Ltd. was founded in 2003 and is based in Sydney, Australia.

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Buyer(S) 1

Buyer

Symbio

Sydney, Australia
Category Company
Founded 2002
Sector Communications
Revenue 201M EUR (2022)
DESCRIPTION

Symbio Holdings underpins the voice, video, messaging and cloud-based communication capabilities that connect customer's daily life and bring the world together. The company operates through three segments: Domestic Retail, Domestic Wholesale, and Global Wholesale. Symbio was formed in 2004 and is based in Sydney, Australia.

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: Australia M&A 1 of 1
Year: 2018 M&A 1 of 1
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