Carlsquare advised finocom AG, a leading provider in Germany of cloud-delivered Unified Communications services, on its sale to BroadSoft, Inc. (NASDAQ: BSFT)
14 Jan 2014
Carlsquare advised finocom AG, a leading provider in Germany of cloud-delivered Unified Communications services, on its sale to BroadSoft, Inc. (NASDAQ:BSFT).
As previously announced by BroadSoft, the acquisition of finocom AG, based in Cologne, will serve as a focal point for the expansion of BroadSoft’s BroadCloud service offering into the German and Eastern European markets, leveraging finocom’s cloud service expertise.
Carlsquare was the exclusive advisor to shareholders of finocom in its sale to BroadSoft.
finocom provides cloud-based business telephony services to SMEs under the brand Placetel. More than 5,000 companies are using Placetel´s cloud-based services. The company provides a strong and comprehensive product and service portfolio and was able to build up a leading position in the market perceived as price and quality leader for cloud based telephony services. For more information on finocom, please click here.
BroadSoft is the leading provider of software and services that enable mobile, fixed-line and cable service providers to offer Unified Communications over their Internet Protocol networks. The Company’s core communications platform enables the delivery of a range of enterprise and consumer calling, messaging and collaboration communication services, including private branch exchanges, video calling, text messaging and converged mobile and fixed-line services. For additional information on BroadSoft, please click here.
Carlsquare supports enterprises and their shareholders concerning strategic capital transactions, the sale and acquisition of shares or the implementation of capital increase. Carlsquare is led by three partners and operates offices in Hamburg and Munich with 16 employees. Carlsquare is a member of the international Globalscope network of corporate finance and business advisers. Founded in 1987, Globalscope now has 31 members on every continent in 25 countries. The focus is set on cross-border M&A.
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