.
MergerLinks Header Logo

New Deal


Announced

Tiger Infrastructure Partners-backed 11:11 Systems to acquire iland.

Financials

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

Tags

Edit

United States

cloud services

Acquisition

Private Equity

Domestic

IT Services: Other

Majority

Private

Pending

Friendly

Single Bidder

Synopsis

Edit

Tiger Infrastructure Partners-backed 11:11 Systems, a managed infrastructure solutions provider, agreed to acquire iland, a global cloud service provider of secure and compliant hosting for infrastructure. Financial terms were not disclosed. “The acquisition of iland is a major step in unifying all aspects of connectivity, cloud, and security to fast-track our company growth across all three solution pillars. Iland is core to our strategy to become the leading managed infrastructure solutions provider, driving growth by providing a single source for customers,” Brett Diamond, 11:11 Systems CEO.

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

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

CONTACT US