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New Deal


Announced

Completed

GTT completed $56m acquisition of KPN International.

Financials

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Transaction Value£44m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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software applications

Private

Friendly

software and information solutions

Acquisition

Single Bidder

Netherlands

Digital Services

Completed

Majority

Synopsis

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GTT Communications, a provider of cloud networking services and applications, completed $56m acquisition of KPN International, a telecommunications and IT provider. “The acquisition of KPN International deepens our market presence in the European region. The world-class resources contributed from this acquisition, including a highly experienced team, international network assets and a deep roster of multinational clients, will help us deliver on our purpose of connecting people across organizations around the world and to every application in the cloud,” Rick Calder, GTT President and CEO.

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