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  5. Verizon Connect Acquires Inosat – Consultoria Informática S.A

M&A Deal Summary

Verizon Connect Acquires Inosat – Consultoria Informática S.A

On September 7, 2016, Verizon Connect acquired internet software and services company Inosat – Consultoria Informática S.A

Acquisition Highlights
  • This is Verizon Connect’s 5th transaction in the Internet Software and Services sector.
  • This is Verizon Connect’s 1st transaction in Portugal.

M&A Deal Summary
Date 2016-09-07
Target Inosat – Consultoria Informática S.A
Sector Internet Software and Services
Buyer(s) Verizon Connect
Deal Type Add-on Acquisition

Target

Inosat – Consultoria Informática S.A

Lisbon, Portugal
Inosat – Consultoria Informática, S.A is a SaaS-based provider of fleet management solutions in Portugal.

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Buyer(S) 1

Buyer

Verizon Connect

Atlanta, Georgia, United States
Category Company
Sector Internet Software and Services
Revenue 285M USD (2015)
DESCRIPTION

Verizon Connect is a global provider of mobile workforce solutions for service-based businesses of all sizes delivered as software-as-a-service. Verizon Connect is based in Wellesley Hills, Massachusetts.

DEAL STATS #
Overall 6 of 7
Sector: Internet Software and Services M&A 5 of 5
Type: Add-on Acquisition M&A Deals 6 of 7
Country: Portugal M&A 1 of 1
Year: 2016 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-11-03 Visirun

Ferrara, Italy

Visirun S.p.A. is a SaaS based provider of fleet management solutions.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-02 TrackEasy Oy

Helsinki, Norway

TrackEasy Oy is a provider of fleet management software provider in Germany and Poland.

Buy -
Mergr

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