Acquisition of Bit IT GMBH by nscglobal Limited. M&A deal in the IT Networking and Managed Services industry
Revenue ('07): undisclosed
Reason for Sale: Strategic Acquisition
Location: Germany (Munich)
BIT IT Gmbh is an IT networking company located in Germany (Munich). Nscglobal Limited is an IT networking company located in the UK (London). Nscglobal intends to build a Cisco Gold Partner in Germany and gain Cisco Gold status. Buying a business in Germany gives nscglobal a local presence. Further nscglobal intends to leverage its global relations via these acquisitions. Nscglobal has an intensive focus on Cisco products and services. Corporate Finance in Europe acted as advisor for nscglobal in this M&A transaction in Germany.
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Corporate Finance in Europe is an European M&A firm that provides corporate finance services to European companies. Corporate Finance in Europe is mainly active in European cross border M&A transactions. Corporate Finance in Europe assists European business owners sell their companies to international buyers to offer them the best deal possible. Thanks to our team's background we are able to find the most suitable acquirers in Europe as well as in the USA.