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Announced

Completed

Sinch completed the acquisition of Inteliquent from GTCR for $1.14bn.

Financials

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Transaction Value£819m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales2x
EV/EBITDA8x
Share Price Premium-
One Off Charge-

Tags

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Cross Border

cloud communications

Acquisition

Single Bidder

Telecommunications Services: Other

United States

Private

Friendly

Majority

Private Equity

Completed

Synopsis

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Sinch, a Swedish cloud computing services provider, completed the acquisition of Inteliquent, a communications enabler offering network-based voice and messaging services to communication service providers, from GTCR, a private equity firm, for $1.14bn. “We’re excited about the tremendous opportunities this combination unlocks, expanding the services we can provide to our customers. Combining our leading voice offering with Sinch’s global messaging capabilities truly positions us for leadership in the rapidly developing market for cloud communications,” Ed O’Hara, Inteliquent CEO.

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