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  6. Telerent Leasing Acquires Digital Networks Group

M&A Deal Summary

Telerent Leasing Acquires Digital Networks Group

On June 6, 2016, Telerent Leasing acquired information technology company Digital Networks Group

Acquisition Highlights
  • This is Telerent Leasing’s 1st transaction in the Information Technology sector.
  • This is Telerent Leasing’s 1st transaction in the United States.
  • This is Telerent Leasing’s 1st transaction in California.

M&A Deal Summary
Date 2016-06-06
Target Digital Networks Group
Sector Information Technology
Buyer(s) Telerent Leasing
Deal Type Add-on Acquisition

Target

Digital Networks Group

Aliso Viejo, California, United States
Digital Networks Group, Inc. is a technology systems integrator specializing in turnkey audio visual and information technology related systems in the public and private sectors.

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Buyer(S) 1

Buyer

Telerent Leasing

Raleigh, North Carolina, United States
Category Company
Sector Financial Services
DESCRIPTION

Telerent Leasing Corp. is a provider of captive financing solutions to corporations. Through its TeleHealth Services division, TLC provides HD, interactive patient engagement, and other hospital television-based systems and solutions to hospitals and hotels throughout the U.S.

DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2016 M&A 1 of 1
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