Home > M&A deals 2003 > Intuit, Inc. acquires Magnet Communications, Inc.
Add-on Acquistion · Information Technology · November 2003

Intuit, Inc. acquires Magnet Communications, Inc.

On November 25, 2003, Intuit, Inc. acquired Magnet Communications, Inc., an information technology company in Georgia, United States, from CCP Equity Partners LLC.

Deal at a glance

AnnouncedNovember 25, 2003 TypeAdd-on Acquistion TargetMagnet Communications, Inc. Buyer Intuit, Inc. Seller CCP Equity Partners LLC SectorInformation Technology LocationGeorgia, United States ValueNot disclosed

Target company

Magnet Communications, Inc.
Georgia, United States
Information Technologysector
-founded
Activestatus
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Buyer

Company · 65 deals on record
  • 3rd transaction in information technology
  • 23rd transaction in United States
65deals, all time
7in this sector
2021latest

Seller

Private equity firm · 40 deals on record
40investments
2in this sector
25exits

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Questions about this deal

Who acquired Magnet Communications, Inc.?Intuit, Inc. acquired Magnet Communications, Inc. on November 25, 2003.

Who sold Magnet Communications, Inc.?CCP Equity Partners LLC was the seller.

What type of deal was it?It was a add-on acquistion in the information technology sector in 2003.

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