International IT Company Datatec Announces The Sale Of Its Subsidiary, Analysys Mason Limited

International IT Company Datatec Announces The Sale Of Its Subsidiary, Analysys Mason Limited. Datatec the international Information and Communications Technology Company has announced that it has sold 100% of its subsidiary, Analysys Mason Limited (“AM”) to Bridgepoint Development for approximately $260 million.

Jens Montanana, Datatec CEO, said: “Analysys Mason has developed significantly with Datatec’s support over the past 20 years to become one of the world’s leading telecommunications, media and technology management consultancies with an enviable track record. We believe that the time is right to realise our investment now as part of our Strategic Review process and we see Bridgepoint Development Capital as the ideal partners to take the business forward on its next growth phase, supported by significant reinvestment from management and employee shareholders.”

He continued to say, “Datatec’s share of the proposed maximum transaction value, equating to approximately 38% of Datatec’s current market capitalisation, represents a great value realisation opportunity for shareholders. As with previous transactions, the net proceeds from the sale will be returned to shareholders.” The transaction is being entered into pursuant to the strategic review to unlock shareholder value.

With offices in 14 countries, across Europe, Asia-Pacific and the Middle East, Analysys Mason Limited is a global leader in telecoms, media and technology management consulting, a critical enabler of economic, environmental and social transformation. The company brings together unparalleled commercial and technical understanding to deliver bespoke consultancy on strategy, transaction support, transformation, regulation and policy, further strengthened by globally respected research.

Part of Bridgepoint, the international alternative private assets management group with assets under management exceeding €33 billion, BDC invests in midcap companies in the UK, France and the Nordic region. BDC works actively to develop successful businesses undertaking growth and expansion, with enterprise values typically up to £250m. It is currently investing in its fourth fund, the £1.5 billion BDC IV. The Purchaser is an indirect wholly owned subsidiary of Aramis Topco Limited (“Topco”), which is ultimately owned by BDC IV (managed by Bridgepoint Advisers II Limited). Bridgepoint has offices in Europe (Amsterdam, Frankfurt, London, Luxemburg, Madrid, Paris, and Stockholm), the USA (New York and San Francisco), and China (Shanghai).

By Thomas Chiothamisi