M&A Deal Summary

Tialis Essential Acquires Selection Services Investments

On January 4, 2016, Tialis Essential acquired information technology company Selection Services Investments for 35M GBP

Acquisition Highlights
  • This is Tialis Essential’s 1st transaction in the Information Technology sector.
  • This is Tialis Essential’s 0th largest (disclosed) transaction.
  • This is Tialis Essential’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2016-01-04
Target Selection Services Investments
Sector Information Technology
Buyer(s) Tialis Essential
Deal Type Add-on Acquisition
Deal Value 35M GBP

Target

Selection Services Investments

Bromley, United Kingdom
Selection Services Investments Ltd. is a UK focused provider of IT solutions and Cloud services. Selection Services Investments Ltd was founded in 2011 and is based in Bromley, United Kingdom.

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Buyer(S) 1

Buyer

Tialis Essential

Edinburgh, United Kingdom

Category Company
Founded 2005
Sector Information Technology
Employees290
Revenue 22M GBP (2023)
DESCRIPTION

Tialis Essential is an IT managed services provider, focused on the UK mid-market. CORETX maintains, supports and develops customer infrastructure through UK based service desk, field services team and asset lifecycle capabilities. Company design and deliver bespoke cloud services, connecting customers to our cloud platform and to global public cloud providers. Company deliver supporting technologies, from unified comms and voice, through to disaster recovery and managed security. Tialis Essential was founded in 2005 and is based in Edinburgh, the United Kingdom.


DEAL STATS #
Overall 1 of 4
Sector (Information Technology) 1 of 4
Type (Add-on Acquisition) 1 of 4
Country (United Kingdom) 1 of 4
Year (2016) 1 of 3
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-21 Selection Services

Bromley, United Kingdom

Selection Services Ltd. is an IT managed services provider. Selection Services offers managed and hybrid solutions for hosting and cloud computing, IT security and backup, infrastructure monitoring and management and networking. Selection Services was established in 1992 and is based in Bromley, United Kingdom.

Buy £35M