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Announced

Completed

OceanSound Partners-backed Netrix completed the acquisition of Edrans.

Financials

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

Tags

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Digital Services

Cross Border

Acquisition

Majority

computer support

Friendly

it solutions

Private

Single Bidder

Argentina

Completed

Private Equity

Synopsis

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OceanSound Partners-backed Netrix, a provider of cybersecurity and end-to-end IT services, completed the acquisition of Edrans, a solutions provider focused on harnessing the power of the cloud for midsize enterprise clients. Financial terms were not disclosed. "The cloud is a foundational component of digital transformation. Sophisticated cloud capabilities and a global delivery model are critical to Netrix’s strategy of supporting clients as they seek to transform and optimize their businesses and leave behind siloed, inflexible, and expensive IT infrastructure," Russell P. Reeder, Netrix CEO.

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