Telstra Corporation Ltd. acquires Company85 Ltd.

On June 5, 2017, Telstra Corporation Ltd. acquired Company85 Ltd., an information technology company in United Kingdom.

Deal at a glance

AnnouncedJune 5, 2017 TypeAdd-on Acquistion TargetCompany85 Ltd. Buyer Telstra Corporation Ltd. SectorInformation Technology LocationUnited Kingdom ValueNot disclosed

Target company

Company85 Ltd.

United Kingdom

Information Technologysector

-founded

Activestatus

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Buyer

Telstra Corporation Ltd.

Company · 21 deals on record

2nd transaction in information technology
1st transaction in United Kingdom

21deals, all time

3in this sector

2017latest

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Co-investors and the other advisors on this deal

Deal value and revenue or EBITDA multiples

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Questions about this deal

Who acquired Company85 Ltd.?Telstra Corporation Ltd. acquired Company85 Ltd. on June 5, 2017.

What type of deal was it?It was a add-on acquistion in the information technology sector in 2017.

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Source: company press release, June 5, 2017 · Data updated daily on AcquityData (Acquity Data).