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New Deal


Announced

Wavenet to acquire Portal Voice and Data.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Telecommunications Services: Other

Pending

voice and data telecom

Majority

Single Bidder

Acquisition

Friendly

United Kingdom

Private

Synopsis

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Telecoms and technology firm Wavenet agreed to acquire Portal Voice and Data, a supplier of next generation voice and data products and services. Financial terms were not disclosed. "As with previous acquisitions, this is a really exciting time for the employees and customers of both Portal and Wavenet. Our combined potential and expertise will improve our customer service and maintenance experience and will open Portal customers to Wavenet’s extensive and advanced product portfolio, including TeamsLink, our newly launched Microsoft Teams calling and contact centre platform," Bill Dawson, Wavenet CEO.

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