.
MergerLinks Header Logo

New Deal


Announced

Apax-backed Destiny to acquire Telepo and Soluno.

Financials

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

Tags

Edit

Private

Acquisition

Cross Border

Single Bidder

Pending

Majority

software development

Friendly

Sweden

Software

Private Equity

Synopsis

Edit

Apax-backed Destiny, a Belgian secure cloud communication provider, agreed to acquire Telepo and Soluno, two Sweden-based software development firms. Financial terms were not disclosed. "We are thrilled to announce this exciting news of the acquisition of these two fantastic and strong companies. This is the next level of Destiny's big play to own the European cloud communication space. Our combined forces give us own IP, technology that is easy to adopt, use and integrate, great partners, talented local teams and ambition to invest in further developing our innovative and market leading UCaaS platform for SME's, today and tomorrow," Daan De Wever, Destiny CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US