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New Deal


Announced

Completed

Momentum Telecom completed the acquisition of Altus Technology.

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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Acquisition

Software

Domestic

Single Bidder

United States

Majority

Friendly

Completed

communications solutions

Private

Private Equity

Synopsis

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Momentum Telecom, a global provider of cloud voice, managed network, and unified communications solutions, completed the acquisition of Altus Technology, a preeminent provider of cloud-based unified communications solutions. Financial terms were not disclosed. “At Altus, we’re thrilled to be joining a leading global unified communications and managed network provider that closely aligns with our core mission and values and we are looking forward to celebrating the future successes of the combined company,” Brian Jones, Altus CEO.

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