M&A Deal Summary

TDC Group Acquires Adactit ApS

On December 5, 2016, TDC Group acquired internet software and services company Adactit ApS

Acquisition Highlights
  • This is TDC Group’s 2nd transaction in the Internet Software and Services sector.
  • This is TDC Group’s 6th transaction in Denmark.

M&A Deal Summary

Date 2016-12-05
Target Adactit ApS
Sector Internet Software and Services
Buyer(s) TDC Group
Deal Type Add-on Acquisition

Target

Adactit ApS

Copenhagen, Denmark
Adactit ApS is a cloud services company that offers cloud and business productivity solutions for organizations.

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Buyer(S) 1

Buyer

TDC Group

Copenhagen, Denmark

Category Company
Founded 1882
Sector Communications
Employees7,111
Revenue 16.1B DKK (2020)
DESCRIPTION

TDC Group is a provider of communications and entertainment solutions. TDC Group has become two companies, each with its own core areas, which work towards a digital future, TDC NET delivers the best mobile network and the fastest fixed-line connections – and represents Denmark’s digital future with a roll-out of fiber and 5G. Nuuday is the leading service provider of digital services within TV, broadband, network, and telephony for private customers and businesses and consists of nine-strong brands.


DEAL STATS #
Overall 8 of 8
Sector: Internet Software and Services M&A 2 of 2
Type: Add-on Acquisition M&A Deals 8 of 8
Country: Denmark M&A 6 of 6
Year: 2016 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-31 Cirque A/S

Copenhagen, Denmark

Cirque A/S is a provider of cloud based communication solutions with seamless integration to Office 365.

Buy -