Adept Technology Group agrees £50m sale

Recommended takeover by Wavenet would create a £200m-revenue player

Doug Woodburn
clock • 2 min read
Adept Technology Group agrees £50m sale

AIM-listed unified comms and managed services provider Adept Technology Group has agreed to sell up to private equity-backed peer Wavenet in a £50.3m deal. The deal, which represents a 75 per ce...

To continue reading this article...

Join CRN

  • Enjoy full access to channelweb.co.uk - the UK’s top news source for the IT channel
  • Gain the latest insights through market analysis and interviews with channel leaders
  • Stay on top of key trends with the Insider weekly newsletter curated by CRN’s editor
  • Be the first to hear about our industry leading events and awards programmes

 

Join now

 

Already a CRN member?

Log in

You may also like
The best and worst-performing publicly listed resellers so far this year

Reseller

CRN looks at the share prices of firms, in pence, along with how their prices changed

clock 20 July 2022 • 11 min read
The 14 biggest reseller and MSP acquisitions of 2021

Reseller

What were the biggest deals of the year? CRN rounds up the top 14 acquisitions from 2021

clock 14 December 2021 • 16 min read
Wavenet acquires Excell Group to push revenue above £100m

Reseller

Acquisition is ‘largest deal in Wavenet’s history’

clock 05 November 2021 • 2 min read

Sign up to our newsletter

The best news, stories, features and photos from the day in one perfectly formed email.

More on Finance and M&A

ServiceNow buys task mining firm to boost automation

ServiceNow buys task mining firm to boost automation

UltimateSuite buyout intended to enhance ServiceNow's intelligent automation capabilities

Andrea Gaini
clock 18 December 2023 • 2 min read
Insight enterprises exec on buying 'the best google partner' SADA

Insight enterprises exec on buying 'the best google partner' SADA

The acquisition positions Insight as a leading provider of multicloud services and solutions

Joseph F. Kovar
clock 18 December 2023 • 9 min read
The top IT channel deals of 2023

The top IT channel deals of 2023

We recap 10 of the most impactful and talked-about tech deals that set 2023 up for success

Andrea Gaini
clock 15 December 2023 • 9 min read