M&A Deal Summary

XLN Telecom Acquires Card Processing Solutions

On July 14, 2011, XLN Telecom acquired information technology company Card Processing Solutions

Acquisition Highlights
  • This is XLN Telecom’s 1st transaction in the Information Technology sector.
  • This is XLN Telecom’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2011-07-14
Target Card Processing Solutions
Sector Information Technology
Buyer(s) XLN Telecom
Deal Type Add-on Acquisition

Target

Card Processing Solutions

Slough, United Kingdom
Card Processing Solutions, a provider of credit card solutions to small businesses.

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Buyer(S) 1

Buyer

XLN Telecom

London, United Kingdom

Category Company
Founded 2000
Sector Communications
DESCRIPTION

XLN Telecom is a communications company based in London. It supplies fixed line and broadband services to 70,000 customers in the SME sector and is one of Britain’s fastest growing alternative telecoms service providers.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2011 M&A 1 of 1