M&A Deal Summary

Thomson Reuters Acquires Technologies International

On March 17, 2000, Thomson Reuters acquired consumer services company Technologies International for 45M USD

Acquisition Highlights
  • This is Thomson Reuters’ 1st transaction in the Consumer Services sector.
  • This is Thomson Reuters’ 10th largest (disclosed) transaction.
  • This is Thomson Reuters’ 4th transaction in the United States.
  • This is Thomson Reuters’ 1st transaction in Missouri.

M&A Deal Summary

Date 2000-03-17
Target Technologies International
Sector Consumer Services
Buyer(s) Thomson Reuters
Deal Type Add-on Acquisition
Deal Value 45M USD

Target

Technologies International

St. Louis, Missouri, United States
Wave Technologies, is a leader in corporate IT training and IT certification training. Wave Technologies designs and develops IT training and instructional products through multi-dimensional training platforms.

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Buyer(S) 1

Buyer

Thomson Reuters

Toronto, Ontario, Canada

Category Company
Founded 1851
Sector Information Services
Employees25,600
Revenue 6.8B USD (2023)
DESCRIPTION
Thomson Reuters' office in Eagan, Minnesota.
Thomson Reuters' office in Eagan, Minnesota.

Thomson Reuters is an information source for businesses and professionals. Thomson Reuters delivers information to decision makers in the financial and risk, legal, tax and accounting, intellectual property and science and media markets. With headquarters in New York and major operations in London and Eagan, Minnesota, Thomson Reuters employs people and operates in over 100 countries. Thomson Reuters was originally incorporated in 1851 and is headquartered in Toronto, Ontario.


DEAL STATS #
Overall 7 of 57
Sector (Consumer Services) 1 of 1
Type (Add-on Acquisition) 5 of 50
State (Missouri) 1 of 1
Country (United States) 4 of 33
Year (2000) 2 of 4
Size (of disclosed) 10 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-01-27 Prometric

Baltimore, Maryland, United States

Prometric provides technology-enabled assessment services, providing paper-and-pencil, Internet and computer-based testing solutions. It offers a fully integrated testing system that includes test development, test delivery and data management capabilities. On behalf of more than 400 clients in the academic, professional, government, corporate and information technology markets, Prometric develops and/or delivers assessments through a global network of testing centers in 132 countries as well as direct to candidates via the Internet.

Buy $775M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2000-06-12 Primark

Waltham, Massachusetts, United States

Primark is a global provider of financial, economic, and market-research information and serves financial, corporate, and government decision makers in 61 countries through 86 offices in 24 countries.

Buy $1.1B