TelecityGroup acquisition of Sadece Hosting

TelecityGroup acquired Sadece Hosting, a leading colocation and hosting services provider in Turkey for an initial consideration of £25m in cash, with an additional £4m linked to the Company reaching certain financial objectives. This acquisition marks the entry of TelecityGroup into the Turkish market. Torch Partners acted as exclusive financial advisor to TelecityGroup.

URL: 

http://www.telecitygroup.com

Target

Sadece Hosting

Sector

Hosting and Internet Infrastructure

Product

M&A

£25,000,000
Acquisition of
May 2013