News : Evolve IP Acquires Netherlands-Based Cloud Communications Provider Mtel
Wayne, PA, USA, Aug, 2017 -- Evolve IP, The Cloud Strategy Company™, announced that it has acquired Mtel, a European cloud communications firm based in the Netherlands. The strategic purchase is part of the company's ongoing growth strategy and will provide an increased presence in Europe. Established in 1999, Mtel provides cloud communications solutions including contact center, IP phone systems, and business collaboration tools.
Mtel shares a common core market differentiator with Evolve IP; providing contact center solutions and custom integrations that meet the unique needs of a customer's business. They also provide an immediate physical presence and additional data centers in Europe, complementing Evolve IP's current capabilities in the United Kingdom, Israel and Australia.
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"We are very pleased to welcome Mtel's associates, customers and partners to the Evolve IP family," said Thomas J. Gravina, Chairman, Chief Executive Officer and Co-Founder of Evolve IP. "Mtel has built a great business in the Netherlands and Germany and we are looking forward to growing the European market even further both organically and through M&A."
"The synergies between our two companies, including our shared blue-chip technology architecture, commitment to customer experience and the commonalities in our corporate culture make this acquisition an incredible fit," says Guy Fardone, President and Founding Partner of Evolve IP. "We are looking forward to working closely with our new associates to develop new products and services that will grow the region and benefit all of Evolve IP's customers across the globe."
"We are very happy to be joining Evolve IP and excited to have new opportunities to expand the company's presence in the region," said Michiel van Dis, Chief Executive Officer of Mtel "Europe is ramping up quickly in the adoption of cloud communications services. Our shared focus on delivering custom solutions, coupled with our combined capabilities for developing new intellectual property, will allow businesses in Europe to quickly adopt best-of-breed contact center and hosted telephony services." IMAP Netherlands and Q Advisors acted as co-financial advisors to Mtel in connection with the transaction.
Posted by Veronica Silva Cusi, news correspondent
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About Evolve IP:
Evolve IP is a leading cloud-based technology provider that offers businesses a better way to buy and manage their applications, infrastructure, and security solutions. We help organizations outsource technologies that are not within the budget, skills, or focus of their IT resources. Evolve IP customers upgrade their legacy environment without capital expense, accomplish more with enhanced features, increase stability and control with an award winning portal and reduce their carbon footprint, which allows them to focus on their core business and reduce costs.
Published: Wednesday, August 9, 2017