Go to deals
TMT

Asian Pacific Telecommunications has been acquired by 5G Networks Limited

The Deague Group, owners of Asian Pacific Telecommunications Pty Ltd (Aptel), have sold the company to 5G Networks Limited (ASX:5GN) for US$4.72 million.

Aptel, based in Melbourne, Australia, is a voice, data and cloud communications service provider and aggregator with over 20 years history servicing over 800 mid-market corporate clients, hotel groups and commercial offices throughout Australia.

5G Networks is an innovative and new take on network access. The company provides the end-to-end control, responsiveness and upload and download speeds necessary to fully capture the value of cloud-based computing systems. This acquisition will deliver immediate scale and positive cash flow and illustrates 5G Network's strategy.

The Deague Group is a leading Australian integrated property development company.

Oaklins' team in Australia advised the seller in this transaction.

Service
M&A sell-side
Parties

Talk to the deal team

 Scott  McInnes

Scott McInnes

Managing Director

Melbourne, Australia
Oaklins Henslow
 Sebastian  Bell

Sebastian Bell

Associate

Melbourne, Australia
Oaklins Henslow

Related deals

Sale of ProfiSMS to R22
Business Support Services | TMT

Sale of ProfiSMS to R22

NetBrokers Holding has sold ProfiSMS, s.r.o. to R22 Group.

Learn more
Bonnier Corporation has sold seven of its US titles to North Equity
Private Equity | TMT

Bonnier Corporation has sold seven of its US titles to North Equity

Bonnier Corporation has sold seven of its most popular US titles, including Popular Science, Popular Photography, Saveur, Outdoor Life, Field & Stream, Better You and Interesting Things, to venture equity group North Equity.

Learn more
C2, a Canadian leader in ITSM software, has been acquired by Sherweb, a global cloud solutions provider
TMT

C2, a Canadian leader in ITSM software, has been acquired by Sherweb, a global cloud solutions provider

Sherweb Inc., a global cloud solutions provider and winner of many industry awards, has acquired C2 Enterprise, a Canadian IT leader specializing in integrated ITSM software solutions. This transaction allows Sherweb to expand its value-added solution offering.

Learn more