.
MergerLinks Header Logo

New Deal


Announced

Madison Dearborn Partners-backed RDX and Charter Communications acquired Navisite.

Financials

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

Tags

Edit

Friendly

United States

cloud services

Private

Acquisition

Private Equity

Digital Services

Pending

Single Bidder

Synopsis

Edit

Madison Dearborn Partners-backed RDX, a specialized provider of managed IT services, and Charter Communications, an American telecommunications and mass media company, acquired Navisite, a leading provider of managed cloud services. Financial terms were not disclosed. Within the Madison Dearborn Partners investment portfolio, RDX will own and operate the assets including client relationships, employees dedicated to supporting the Navisite business, fixed assets, leases and Navisite-operated facilities.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US