2 Acquisitions of Companies in the Location Based Services Industry

January 15, 2023
Acquisitions Hub

Company acquisitions in the Location Based Services industry always make headlines! Especially since related startups and technology companies have become very popular with private equity firms, strategic buyers and even family offices.

In this blog post, we are taking a closer look at 2 acquisitions that took place in the Location Based Services industry.

Volta Data Centres acquired by Digital 9 Infrastructure

Details about the transaction:

Acquisition amount:

$59,035,595

Announcement:

13 April 2022

Details about the company:

High-density, low-latency data center in the heart of London, close to Silicon Roundabout

Headquarter:

London, England, United Kingdom

Where to find them:

Industry:

Data Center, Location Based Services

Details about the buyer:

A managed investment trust called Digital Infrastructure makes investments in social housing, energy, and digital infrastructure.

Headquarter:

London, England, United Kingdom

Where to find them:

NetFortris acquired by Sangoma Technologies

Details about the transaction:

Acquisition amount:

$80,000,000

Announcement:

29 March 2022

Details about the company:

Secure cloud-based UCaaS and managed network solutions are offered by NetFortris.

Headquarter:

Seattle, Washington, United States

Where to find them:

Industry:

Electronics, Information Technology, Internet, Location Based Services, Software

Details about the buyer:

For SMBs, Enterprises, OEMs, Carriers, and service providers, Sangoma offers unified communications and UC as a service (UCaaS) solutions.

Headquarter:

Markham, Ontario, Canada

Where to find them: