Announced
Completed
Financials
Sources
Tags
Friendly
Acquisition
United Kingdom
Digital Services
Private
Majority
Single Bidder
software provider
Domestic
Private Equity
Completed
Synopsis
Queen’s Park Equity, a research based sector-focused approach which leverages the team’s extensive expertise and networks, completed the investment in TelcoSwitch, a communications software provider. Financial terms were not disclosed. “This is a hugely exciting time for everyone involved with TelcoSwitch. In under six years we’ve grown a successful channel business that continues to challenge the status quo in our industry with powerful products and services. The team at QPE share our energy and enthusiasm, and we’re delighted to have their long-term support in accelerating our strategy and ambitions. Alantra’s experience in unified communications was invaluable and it was great working with the team who supported us throughout this transaction," Russell Lux, TelcoSwitch founder and CEO.
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