iiNet

Acquisition of Majority Interest in Tech2 Group

September 2014

On 5 September 2014, iiNet Limited announced the acquisition of a 60% interest in Tech2 Group to partner with Tech2 Group’s Founder, Glen Powys.

Based in Sydney, Tech2 Group provides professional technology services and solutions to residential and business customers across Australia, including communications and build services, remote and on-site technical support ad installation services.

Azure advised iiNet on all aspects of the acquisition from assessment and valuation of the opportunity to the structuring, due diligence and negotiation, through to completion.