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Announced

Completed

Teccle Group completed the acquisition of Telenova.

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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Completed

Acquisition

Majority

Private

Domestic

Germany

business & IT consultants

IT consultant

managed services

IT Services: Other

Friendly

Single Bidder

Synopsis

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Teccle Group, a company that unites regional systems houses and specialist managed services and cloud providers under one roof, completed the acquisition of Telenova, a managed services provider and IT consultant in the Munich metropolitan region for mid-sized companies. Financial terms were not disclosed. “We are delighted to have gained a leading expert for communication and UCC solutions. Expanding our expertise in this area has been a key strategic goal for us, which is why we’re so delighted that telenova were willing to come on board,” Klaus Kaiser, Teccle Group Co-Founder and CEO.

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