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New Deal


Announced

Completed

Commify completed the acquisition of CDYNE Services.

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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Cross Border

developer APIs

Completed

Majority

Acquisition

open source

Friendly

Single Bidder

Private

United States

communication solutions

Digital Services

Synopsis

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Commify, a team behind a global portfolio of business messaging brands completed the acquisition of CDYNE Services, a longstanding and fast-growing provider of multi-channel CPaaS solutions in the US, including messaging, voice and verification services. Financial terms were not disclosed. “As a mid-market leader in the US CPaaS space, CDYNE is known for its unrivaled customer service, reliability, and deliverability. The partnership with Commify, backed by a seasoned management team and with its impressive scale in the global CPaaS market, immediately elevates CDYNE’s core offering, benefiting future and existing customers alike. We believe the US mid-market is underserved and underpenetrated, presenting a compelling opportunity for CDYNE and Commify to drive long term growth and to become the undisputed leader in Messaging and Voice solutions to the mid-market,” John Sanders, CDYNE President.

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