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DEAL ANNOUNCEMENT

Dow Schofield Watts LLP has advised on the acquisition of Olympic Communications Limited by PAV Data Systems Limited (“PAV”).

No.

DATE COMPLETED PRICE PAID HOW SATISFIED 

28

14 July 2005

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DESCRIPTION OF THE BUSINESS AND THE DEAL 

PAV Data Systems Limited (“PAV”), the leading supplier of Free Space Optics systems (FSO) worldwide has acquired Olympic Communications (Europe) Limited (“Olympic Communications”). 

Olympic Communications specialises in providing structured cabling infrastructure to the small and medium-sized business (SMB) sector, as well as schools, colleges, councils and the police. The acquisition enhances PAV’s capability to provide a complete integrated communications installation, maintenance and support service to UK companies.

PAV already provides a range of data and telecommunications services, allowing companies to outsource the management of their communications requirements. The acquisition of Olympic Communications extends the services offered by PAV, as well as strengthening the existing team of installation, service and support engineers.

ADVISORS

ROLE

Dow Schofield Watts LLP PAV  – Financial Advisor
DLA Piper Rudnick Gray Cary Purchaser – Legal Advisor