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New Deal


Announced

Sequotech to acquire Exxo.

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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it services

Majority

Friendly

Pending

cloud services

Switzerland

IT Services: Other

Acquisition

Domestic

Private

Single Bidder

Synopsis

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Sequotech, a Swiss network of specialized IT services companies that supply cutting-edge goods and services, agreed to acquire Exxo, a IT service provider focusing on the needs of small and medium-sized businesses. Financial terms were not disclosed. "With Sequotech, we have found the ideal partner to continue our growth as a major group with a solid foundation. The group companies complement each other perfectly in terms of geographical coverage and service portfolios. We look forward to building a leading Swiss technology company together," Stefan Dettwiler, Exxo CEO.

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