M&A Deal Summary

BroadSoft Acquires finocom AG

On December 17, 2013, BroadSoft acquired internet software and services company finocom AG for 9M USD

Acquisition Highlights
  • This is BroadSoft’s 5th transaction in the Internet Software and Services sector.
  • This is BroadSoft’s largest (disclosed) transaction.
  • This is BroadSoft’s 1st transaction in Germany.

M&A Deal Summary

Date 2013-12-17
Target finocom AG
Sector Internet Software and Services
Buyer(s) BroadSoft
Deal Type Add-on Acquisition
Deal Value 9M USD
Advisor(s) CatCap (Financial)

Target

finocom AG

Cologne, Germany
finocom AG is a provider of cloud delivered unified communications services.

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Buyer(S) 1

Buyer

BroadSoft

Gaithersburg, Maryland, United States

Category Company
Founded 1998
Sector Software
Employees1,350
Revenue 341M USD (2016)
DESCRIPTION

BroadSoft, Inc. is a provider of software and services that enable mobile, fixed-line, and cable service providers to deliver hosted or cloud-based unified communications and other voice and multimedia services over Internet protocol (IP) based networks. BroadSoft was formed in 1998 and is headquartered in Gaithersburg, Maryland.


DEAL STATS #
Overall 9 of 16
Sector (Internet Software and Services) 5 of 11
Type (Add-on Acquisition) 9 of 16
Country (Germany) 1 of 1
Year (2013) 3 of 3
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-12-17 Placetel

Trois-Rivieres, Quebec, Canada

Placetel, Inc. is a telephone system from the cloud for small and medium enterprises (SMEs).

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-08-04 Systems Design & Development

Delray Beach, Florida, United States

Systems Design & Development, Inc. (SDD) is a provider of software and services to global hotels, resorts, convention facilities, and fractional ownership properties.

Buy -