Acquisition Roundup: EdServ: 2tion, ValueFirst: CellNext

Roundup of Recent Merger & Acquisition Deals – Education and placement company, Edserv has acquired 2tion, Mobile messaging solutions provider, ValueFirst has acquired Cellnext Solutions.
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Chennai based education and placement company, EdServ has acquired 2tion.com, an online education portal for school and college tuition services.

The deal is all cash and EdServ will acquire the entire portal business of 2tion.com along with its tutors and will have direct access to the 50,000 plus student base of 2tion.com.

ValueFirst Messaging Acquires Cellnext

ValueFirst Messaging, Delhi-based mobile messaging services provider, has acquired Escort Group’s mobile value add services (VAS) firm, Cellnext Solutions Limited.

ValueFirst raised $6 million earlier this year from New Enterprise Associates (NEA) and the company is planning to go public (IPO). The deal will help ValueFirst build a strong portfolio in mobile vas space and an access to Cellnext’s enterprise business.

A few VAS deals from the past:

Recommended Read: Mobile VAS in India: Numbers that you should know

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