M&A Deal Summary

Transaction Network Services Acquires Cequint

On September 13, 2010, Transaction Network Services acquired business services company Cequint for 113M USD

Acquisition Highlights
  • This is Transaction Network Services’ 1st transaction in the Business Services sector.
  • This is Transaction Network Services’ largest (disclosed) transaction.
  • This is Transaction Network Services’ 1st transaction in the United States.
  • This is Transaction Network Services’ 1st transaction in Washington.

M&A Deal Summary
Date 2010-09-13
Target Cequint
Sector Business Services
Buyer(s) Transaction Network Services
Deal Type Add-on Acquisition
Deal Value 113M USD

Target

Cequint

Seattle, Washington, United States
Cequint provides technology that enables mobile operators to offer enhanced Caller ID services. Cequint was founded in 2004 and is based in Seattle, Washington.

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Buyer(S) 1

Buyer

Transaction Network Services

Reston, Virginia, United States
Category Company
Founded 1990
Sector Communications
DESCRIPTION

Transaction Network Services is a provider of fast, reliable data communications services for transaction-oriented applications. TNS combines innovation, advanced technology, and industry expertise to provide a range of authorization and communications solutions to support the credit card and ATM transaction processing industry. The Company also provides secure and highly reliable data network services to the telecommunications and securities industries. Transaction Network Services was formed in 1990 and is based in Reston, Virginia.

DEAL STATS #
Overall 1 of 8
Sector (Business Services) 1 of 2
Type (Add-on Acquisition) 1 of 8
State (Washington) 1 of 1
Country (United States) 1 of 5
Year (2010) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-11-06 TNS Payment Gateway Services

United States

TNS Payment Gateway Services is the gateway services business of Transaction Network Services.

Sell -
Mergr

Product

Company

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