Home > M&A deals 2006 > GT3 Holdings LLC acquires General Telecom, Inc.
Divestiture · Information Technology · October 2006

GT3 Holdings LLC acquires General Telecom, Inc.

On October 30, 2006, GT3 Holdings LLC acquired General Telecom, Inc., an information technology company in New York, United States, from New Global Telecom, Inc.

Deal at a glance

AnnouncedOctober 30, 2006 TypeDivestiture TargetGeneral Telecom, Inc. Buyer GT3 Holdings LLC Seller New Global Telecom, Inc. SectorInformation Technology LocationNew York, United States ValueNot disclosed

Target company

General Telecom, Inc.
New York, United States
Information Technologysector
-founded
Activestatus
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Buyer

Company · 1 deal on record
  • 1st transaction in information technology
  • 1st transaction in United States
1deals, all time
1in this sector
2006latest

Seller

Company · 2 deals on record
2investments
1in this sector
1exits

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Questions about this deal

Who acquired General Telecom, Inc.?GT3 Holdings LLC acquired General Telecom, Inc. on October 30, 2006.

Who sold General Telecom, Inc.?New Global Telecom, Inc. was the seller.

What type of deal was it?It was a divestiture in the information technology sector in 2006.

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