Deal Type: Acquisition
Deal Sub Type: 100% Acquisition
Deal Status: Completed
Deal Value: 9.4639 Million USD
Deal in Brief
Proact IT Group AB, a Swedish datacenter and cloud services provider, has acquired 100% stake in teamix GmbH, a German internet technology (IT) service provider with a focus on IT infrastructure, for EUR9 million (USD9.46 million) in a cash and stock transaction.
Following the acquisition, teamix will be operated as a separate entity under the name Proact IT Germany GmbH.
teamix has 85 employees with an annual turnover of approximately EUR35 million (USD36.8 million).
Index - Germany
Index - Internet Access
Index - Infrastructure Services
Index - Content Management
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