M&A Deal Summary

Telefonos de Mexico Acquires Scitum S.A. de C.V

On June 9, 2010, Telefonos de Mexico acquired information technology company Scitum S.A. de C.V from Advent International

Acquisition Highlights
  • This is Telefonos de Mexico’s 1st transaction in the Information Technology sector.
  • This is Telefonos de Mexico’s 1st transaction in Mexico.

M&A Deal Summary

Date 2010-06-09
Target Scitum S.A. de C.V
Sector Information Technology
Buyer(s) Telefonos de Mexico
Sellers(s) Advent International
Deal Type Add-on Acquisition

Target

Scitum S.A. de C.V

Cuauhtemoc, Mexico
Scitum S.A. de C.V provider of IT services including managed security services

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Buyer(S) 1

Buyer

Telefonos de Mexico

Mexico City, Mexico

Category Company
Sector Communications
Employees40,206
DESCRIPTION

Telefonos de Mexico is the leading Telecommunications Company in Mexico. TELMEX and its subsidiaries provide a wide range of telecommunications services, data and video transmission and Internet access, as well as integrated telecommunications solutions to its corporate customers. Additionally, it offers telecommunications services through its international subsidiaries in Argentina, Brazil, Chile, Colombia and Peru. Telefonos de Mexico is based in Mexico City, Mexico.


DEAL STATS #
Overall 2 of 2
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
Country: Mexico M&A 1 of 1
Year: 2010 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-10-24 Enlace Spanish Yellow Pages

Stockton, California, United States

Enlace Spanish Yellow Pages was the retained and rebranded portion of the Bluegrass English and Spanish Yellow Page directories acquisition. Blue Equity, through organic growth and through acquisitions, scaled the Enlace Spanish Yellow Pages from 1 market to over 32 markets in over 18 states and became the largest independent publisher of Spanish language telephone directories in the United States (beating out competitors such as Abry Partners and Duff & Phelps). Enlace was ultimately sold to the leading telecommunications company in Mexico, Telmex (BMV: TELINT), controlled by Carlos Slim and family.

Buy -

Seller(S) 1

SELLER

Advent International

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1984
PE ASSETS 76.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Advent is a global private equity firm that targets investments in North America, Europe, Asia, and Latin America. Advent's emerging market efforts are concentrated in Central Europe and Latin America. Advent seeks transactions valued between $50 million and $5 billion and can commit up to $2 billion of equity capital per investment. Broad areas of interest include business & financial services, retail & consumer, technology, media, & telecoms, healthcare & life sciences, and industrial. Prospective transaction types include buyouts, growth capital financings, take privates, and recapitalizations. Advent was formed in 1984 and is based in Boston, Massachusetts.


DEAL STATS #
Overall 107 of 222
Sector: Information Technology M&A 6 of 14
Type: Add-on Acquisition M&A Deals 43 of 82
Country: Mexico M&A 3 of 5
Year: 2010 M&A 4 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-05-26 Skillsoft

Nashua, New Hampshire, United States

Skillsoft provides cloud-based learning solutions for its customers worldwide, ranging from global enterprises, government, and education to mid-sized and small businesses. Skillsoft's customer support teams draw on a wealth of in-house experience and a comprehensive learning e-library to develop off-the-shelf and custom learning programs tailored to cost-effectively meet customer needs. Skillsoft was formed in 1998 and is based in Nashua, New Hampshire.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-08-06 Worldpay UK

Cambridge, United Kingdom

WorldPay is a provider of single card and non-card electronic payment processing services to businesses. Worldpay provides an extensive range of technology-led payment products and services to around 400,000 customers, enabling their businesses to grow and prosper. Worldpay manages the increasing complexity of the payments landscape for its customers, allowing them to accept the widest range of payment types around the world. Using its network and technology, Worldpay is able to process payments across 146 countries and 126 currencies. Worldpay helps its customers to accept more than 300 different payment types.

Buy $2.7B