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Announced

Completed

Hexatronic completed the acquisition of a 90% stake in Impact Data Solutions from Sterlite Technologies for $23m.

Financials

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Transaction Value£21m
Consideration TypeCash
Capital Owned-
Capital Bid For90%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Engineering Consulting

Single Bidder

Cross Border

Private

Friendly

containment solutions

United Kingdom

Majority

Completed

Synopsis

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Hexatronic, a provider of non-stop connectivity solutions, completed the acquisition of a 90% stake in Impact Data Solutions, a provider of consultation, design, and installation of fiber, copper, and containment solutions, from Sterlite Technologies, a company specialized in optical fiber and cables, for $23m. “We are very pleased to welcome IDS to Hexatronic Group. IDS has a proven track record of working with the most demanding data center customers and will play a key role in growing Hexatronic’s data center business”, Henrik Larsson Lyon, Hexatronic Group CEO.

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