In the first two days of April we have seen two very significant investments in the sector.

On the 1st of April, Intermedia announced that they had been acquired by 26North. Their press release highlights the $430 million revenue and over 20% growth they have experienced in their communications business, underscoring potential market growth and the value of their platform and reseller approach. Cavell were pleased to have supported 26North with market data during their transaction process.

On the 2nd of April, CallTower announced it had a strategic investment from Court Square PE. This really signified the strong growth Bret England (CEO at CallTower) and the team have achieved over the last 3 years. Cavell had the opportunity to advise Court Square during this transaction, similar to our role with BV on their original acquisition of CallTower. Court Square’s focus on the sector is evident with its long-term investment in Momentum and recent investment in Avant. We’re confident this partnership is going to help CallTower grow in the coming years.

The acquisition, on the heels of 8×8 making acquisition of Callroute last month which Cavell were also pleased to work on, signifies what our Research and Consultancy teams are seeing more and more – an increase in interest from both Strategic and Industry Investors.

To understand more about our Consultancy services, reach out for a chat with our Managing Director Matt Townend or our Consulting Director, Alastair Buck.