Q Advisors Represents Centile in its Acquisition by Swyx and Within Reach Group
Centile, one of Europe’s leading providers of Cloud PBX, Unified Communications (UCaaS) and Fixed Mobile Convergence (FMC) solutions for service providers and integrators, has announced that it has joined forces with Swyx Solutions GmbH, the German Unified Communications Specialist, and Within Reach Group (WRG), a Dutch holding and parent company of Voiceworks.
The merger of Swyx and WRG, combined with the acquisition of Centile Telecom Applications, is one more step towards creating a new European market leader for the UCaaS and FMC markets that are poised for rapid growth over the next few years. Together, the three companies already serve approximately two million end users, via more than 1,400 resellers and service providers.
Q Advisors, a global TMT investment banking boutique, acted as the exclusive financial advisor to Centile in connection to the transaction.
Read the full announcement here.
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We hired Q Advisors because they are the global leaders in the UCaaS and managed services space. They did not disappoint. They ran a streamlined and efficient process and found the right buyer who valued what we had built at Centile. Our team is excited to be part of a European roll-up strategy and we look forward to working with the QA team on future deals. As a former finance professional, I appreciate folks who under-promise and over-deliver
Gary Kania, CEO, Centile