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  6. Westcon Group Acquires Verecloud

M&A Deal Summary

Westcon Group Acquires Verecloud

On September 4, 2014, Westcon Group acquired software company Verecloud

Acquisition Highlights
  • This is Westcon Group’s 1st transaction in the Software sector.
  • This is Westcon Group’s 1st transaction in the United States.
  • This is Westcon Group’s 1st transaction in Colorado.

M&A Deal Summary
Date 2014-09-04
Target Verecloud
Sector Software
Buyer(s) Westcon Group
Deal Type Add-on Acquisition

Target

Verecloud

Broomfield, Colorado, United States
Verecloud, Inc. provides mid-market businesses and technology resellers with a single place to discover, buy, monitor and manage their cloud services.

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Buyer(S) 1

Buyer

Westcon Group

Tarrytown, New York, United States
Category Company
Founded 1985
Sector Distribution
DESCRIPTION

Westcon Group, Inc. is a value added distributor of category-leading unified communications, network infrastructure, data center, and security solutions with a global network of specialty resellers.

DEAL STATS #
Overall 2 of 2
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Colorado M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2014 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-03-06 Noxs

Sweden

Noxs provides internet and security services in sweden

Buy $89M
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