Announced
Financials
Sources
Tags
Private
Private Equity
Software
software solutions
Majority
Domestic
Single Bidder
United Kingdom
Acquisition
Friendly
Synopsis
Xplorer Capital Growth, a private equity firm, agreed to acquire CloudCall Group, a software developer, for £40m. "We are delighted to have reached agreement on the terms of the Acquisition with the board of CloudCall. We believe CloudCall would benefit from returning to private ownership with the support of a growth-focused shareholder and look forward to accelerating the growth of the business and helping it to reach its full potential by providing CloudCall with access to significant additional capital resources," Keith Nilsson, Xplorer Founder and Managing Partner.
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