August 3, 2020 - Intrado Corporation (“Intrado” or the “Company”), a global leader in technology-enabled services, announced today that it has acquired Junction Networks, Inc. d.b.a. OnSIP, a provider of Unified Communications as a Service (“UCaaS”) and collaboration solutions for small and mid-size (“SMB”) customers.
OnSIP’s cloud-based calling solution is used by thousands of SMB customers in the U.S. as a next-generation replacement to a traditional, on-premise phone system. OnSIP customers enjoy the benefits of an on-demand hosted platform without the high cost, burden, and inflexibility of traditional economic models. The solution is a full-featured voice offering that is easy to provision and typically takes only minutes to configure.
With the addition of OnSIP, Intrado now has a fully-integrated product solution to serve all market segments with collaboration, calling, meetings, events, contact center and messaging tools along with real-time support, professional services, self-service capabilities and a global reach.
Q Advisors, a leading global TMT investment banking boutique, acted as the exclusive financial advisor to OnSIP in connection with this transaction.
Read the full announcement here.
We first met Q Advisors ten years before our eventual M&A transaction. During that time, we got to know Q Advisors and more importantly, they took the time to get to know us. They knew what we wanted in a deal and why our story was unique in a space they know exceptionally well. They didn’t try to stick a square peg into a round hole, rather, they truly represented our interests and found a great fit. We felt comfortable knowing they would work on our behalf to get the right deal done with the right acquirer. Working with the senior team through the deal process was a positive experience. I highly recommend working with the Q Advisors team.Rob Wolpov, President and Co-Founder