M&A Deal Summary

TelecityGroup Acquires Academica Oy

On November 5, 2012, TelecityGroup acquired information technology company Academica Oy from Tesi and Etera Mutual Pension Insurance for 28M EUR

Acquisition Highlights
  • This is TelecityGroup’s 3rd transaction in the Information Technology sector.
  • This is TelecityGroup’s largest (disclosed) transaction.
  • This is TelecityGroup’s 2nd transaction in Finland.

M&A Deal Summary

Date 2012-11-05
Target Academica Oy
Sector Information Technology
Buyer(s) TelecityGroup
Sellers(s) Tesi
Etera Mutual Pension Insurance
Deal Type Add-on Acquisition
Deal Value 28M EUR

Target

Academica Oy

Helsinki, Finland
Academica is a provider of a full range of information and communications technology (ICT) services. The company offers diversified telecommunications, hosting services and IT consulting.

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Buyer(S) 1

Buyer

TelecityGroup

London, United Kingdom

Category Company
Sector Information Technology
Revenue 240M GBP (2013)
DESCRIPTION

TelecityGroup is a provider of premium network-independent data centers in Europe. Data centres are its core business: It designs, builds and operates premium, highly connected and secure environments to house technical, web and IT infrastructure.


DEAL STATS #
Overall 3 of 4
Sector (Information Technology) 3 of 3
Type (Add-on Acquisition) 3 of 4
Country (Finland) 2 of 2
Year (2012) 2 of 2
Size (of disclosed) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-08-06 Tenue Oy

Helsinki, Finland

Tenue Oy is a carrier-neutral data center based in Finland.

Buy £4M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-05-07 SadeceHosting.com

Istanbul, Turkey

Sadecehosting is biggest Web Hosting & Datacenter company in Turkey.

Buy £25M

Seller(S) 2

SELLER

Tesi

Investor Investor Investor Investor Investor


Category Sovereign Wealth Fund
Founded 1995
PE ASSETS 2.4B EUR
Size Large
Type Sector Agnostic
DESCRIPTION

Tesi is a Finnish venture capital and private equity firm specializing in fund and direct investments. Tesi specifically targets minority investments in early, growth stage, and established businesses. Areas of interest include industrial, mining, software, business and consumer services, healthcare, life science, cleantech, and marine. Tesi was established in 1995 and it is based in Helsinki.


DEAL STATS #
Overall 7 of 33
Sector (Information Technology) 1 of 3
Type (Add-on Acquisition) 6 of 19
Country (Finland) 6 of 30
Year (2012) 1 of 1
Size (of disclosed) 3 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-09-26 Keliber

Kaustinen, Finland

Keliber is a Finnish mining company focused on producing battery grade lithium carbonate from spodumene in Europe. Keliber is based in Kaustinen, Finland.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-01-10 EMC Talotekniikka Oy

Helsinki, Finland

EMC Talotekniikka is a diversified building services engineering corporation formed by a merger of leading regional companies in Finland.

Sell -
SELLER

Etera Mutual Pension Insurance

Helsinki, Finland

Category Company
Sector Insurance
DESCRIPTION

Etera Mutual Pension Insurance Company insures employees and entrepreneurs in the private sector. Etera?s primary mission is to provide pension cover and secure well-being at work. In 2010, Etera paid out altogether one billion euros in pensions to some 153,000 people. Etera invests pension funds profitably while also emphasising responsibility.


DEAL STATS #
Overall 1 of 2
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Finland) 1 of 2
Year (2012) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-08-18 Academica Oy

Helsinki, Finland

Academica is a provider of a full range of information and communications technology (ICT) services. The company offers diversified telecommunications, hosting services and IT consulting.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-07-04 Talenom

Oulu, Finland

Talenom is a authorized accounting firms in Finland. The company offers services covering scheduled and efficient financial administration routines, informative results monitoring, a centralised unit specialising in the taxation and finances of SMEs, and an electronic financial administration service, Talenom Online, that is extremely easy to use. Talenom was founded in 1972 and is based in Oulu, Finland.

Buy -