Announced
Completed
Financials
Tags
Digital Services
Completed
Private
Single Bidder
Majority
cloud computing
Cross Border
Croatia
digital solutions
Private Equity
Friendly
Acquisition
Synopsis
Private equity firm One Equity Partners completed the acquisition of 24% stake in Infobip, a global cloud communications platform for the world's largest enterprises, for $244m. "OEP is excited to partner with Infobip's co-founders, CEO Silvio Kutić, Roberto Kutić and Izabel Jelenić. Together, we have a shared vision to further accelerate Infobip's pre-IPO growth in North America and globally by executing a series of identified strategic acquisitions. We have been deeply impressed with this team, and believe it has built a world class, SaaS-enabled communication platform, powering richer customer interactions for leading global enterprises, while also optimizing performance for its MNO partners," Chip Schorr, OEP Senior Managing Director.
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