M&A Deal Summary

TAIT Acquires ITEC

On October 28, 2021, TAIT acquired media company ITEC

Acquisition Highlights
  • This is TAIT’s 1st transaction in the Media sector.
  • This is TAIT’s 1st transaction in the United States.
  • This is TAIT’s 1st transaction in Florida.

M&A Deal Summary
Date 2021-10-28
Target ITEC
Sector Media
Buyer(s) TAIT
Deal Type Add-on Acquisition

Target

ITEC

Orlando, Florida, United States
ITEC provides entertainment design, technology, and project development. ITEC delivered some of the most successful and comprehensive guest experiences spanning theme parks, resorts, rides and shows, and cultural attractions for clients such as Walt Disney, Universal Studios, Madison Square Garden Ventures, LEGO, Wanda Group, and Dubai Parks. ITEC was founded in 1985 and is based in Orlando, Florida.

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Buyer(S) 1

Buyer

TAIT

Lititz, Pennsylvania, United States
Category Company
Founded 1978
Sector Media
DESCRIPTION

TAIT is a provider of advanced creative and engineering solutions to the live entertainment industry. It provides end-to-end solutions to design, construct, manufacture and operate custom-built concert touring and permanent installation experiences. TAIT was founded in 1978 and is based in Lititz, Pennsylvania.

DEAL STATS #
Overall 1 of 2
Sector (Media) 1 of 2
Type (Add-on Acquisition) 1 of 2
State (Florida) 1 of 1
Country (United States) 1 of 2
Year (2021) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-08 Thinkwell Group

Los Angeles, California, United States

Thinkwell Group is a global strategy, experience design, and production agency specializing in the master planning, design, and production of world-class guest experiences for theme parks, museums, and brands. Thinkwell Group was founded in 2001 and is based in Los Angeles, California.

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