Menu

Dutch IT-channel - Waterland Buys Unified Communications Provider Swyx

Originally Published in Dutch IT-channel – English Translation Below

The investment company Waterland has acquired Germany-based Swyx Solutions, a Europe-wide producer of solutions for integrated communications for medium-sized companies. Through this acquisition, Waterland strengthens the software and IT portion of its portfolio. Swyx is a developer and operator of Unified Communications & Collaboration software solutions that integrate and connect all communication channels such as telephony, messaging, video and e-mail with business applications relevant to a company. The solution can be managed by the customer – from the partner cloud or from Swyx's own cloud service.

International Growth with Waterland

As one of the key players in Europe, Swyx operates locally through a two-level distribution system with more than 1,200 authorized and specialized retail partners. The Dortmund-based company, with locations in the United Kingdom and France, sells not only the software solutions, but also the end devices. With its solutions, Swyx concentrates mainly on the midmarket. Swyx solutions are used by almost a million users across Europe. The international share of sales is about 10 percent.

"Swyx has a large growth potential outside of Germany," says Dr. Ralf Ebbinghaus, CEO and co-founder of Swyx. "Together with Waterland, we will be able to develop this potential, now."

With SwyxON, Swyx offers its software solution as its own cloud service and increasingly focuses its activities on the growing demand for cloud solutions. Swyx offers its partners and customers the maximum flexibility of the solution – which can be used both from the cloud and individually in the company. With extensive expertise in the IT sector, Waterland already leads with several IT companies in its portfolio.

"For Waterland, investing in Swyx fits perfectly with our strategy to invest in fast-growing, high-quality companies that want to take leadership in their industry," stated Carsten Rahlfs, Partner of Waterland.

During the acquisition process, Swyx was exclusively advised by Q Advisors, a Denver and San Francisco-based global boutique investment bank in the Technology, Media and Telecommunications (TMT) segment.