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  6. Cloud5 Acquires Innflux

M&A Deal Summary

Cloud5 Acquires Innflux

On January 20, 2015, Cloud5 acquired internet software and services company Innflux

Acquisition Highlights
  • This is Cloud5’s 1st transaction in the Internet Software and Services sector.
  • This is Cloud5’s 1st transaction in the United States.
  • This is Cloud5’s 1st transaction in Illinois.

M&A Deal Summary
Date 2015-01-20
Target Innflux
Sector Internet Software and Services
Buyer(s) Cloud5
Deal Type Add-on Acquisition

Target

Innflux

Chicago, Illinois, United States
Innflux LLC is a provider of wireless and wired high speed internet access for hotels and hospitality companies in the United States.

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Buyer(S) 1

Buyer

Cloud5

Springfield, Massachusetts, United States
Category Company
Founded 2004
Sector Business Services
DESCRIPTION

Cloud5 is a provider of cloud-based telephony solutions, guest High-Speed Internet Access ("HSIA"), contact centers, and communication services for the hospitality industry. Cloud5’s integrated and holistic approach to communications permits hoteliers to streamline their technology infrastructure and operations, and helps hotels deliver quality care and services to their guests. Cloud5 was founded in 2004 and is based in Springfield, Massachusetts.

DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Illinois M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2015 M&A 1 of 1
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