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Announced

ECI Partners to acquire Commify from Hg Capital for €300m.

Synopsis

ECI Partners, a private equity firm, agreed to acquire Commify, a provider of business messaging products and services to SMEs and corporate customers, from Hg Capital, a private equity firm for €300m. "Commify has built a differentiated position in an exciting global market, and with messaging becoming the number one customer engagement channel, there is a clear and compelling growth opportunity across Europe, the US and Australia. We're delighted to be partnering with Richard and the Commify team to support them on further organic and acquisitive growth for the next stage of their journey," Paul McCreadie, ECI Partner.

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