One Equity Partners completed the acquisition of 24% stake in Infobip for $244m.

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.