M&A Deal Summary

TelecityGroup Acquires SadeceHosting.com

On May 7, 2013, TelecityGroup acquired internet software and services company SadeceHosting.com for 25M GBP

Acquisition Highlights
  • This is TelecityGroup’s 1st transaction in the Internet Software and Services sector.
  • This is TelecityGroup’s 0th largest (disclosed) transaction.
  • This is TelecityGroup’s 1st transaction in Turkey.

M&A Deal Summary

Date 2013-05-07
Target SadeceHosting.com
Sector Internet Software and Services
Buyer(s) TelecityGroup
Deal Type Add-on Acquisition
Deal Value 25M GBP

Target

SadeceHosting.com

Istanbul, Turkey
Sadecehosting is biggest Web Hosting & Datacenter company in Turkey.

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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 4 of 4
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 4 of 4
Country: Turkey M&A 1 of 1
Year: 2013 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-11-05 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 €28M