Investment Summary

Diverse Technology Solutions and Voitual.com Invest In DTS VOIP

On March 7, 2016, Diverse Technology Solutions and Voitual.com invested in internet software and services company DTS VOIP from Voitual.com

Investment Highlights
  • This is Diverse Technology Solutions’ 1st and Voitual.com’s 1st transaction in the Internet Software and Services sector.
  • This is Diverse Technology Solutions’ 1st and Voitual.com’s 1st transaction in the United States.
  • This is Diverse Technology Solutions’ 1st and Voitual.com’s 1st transaction in New York.

Investment Summary

Date 2016-03-07
Target DTS VOIP
Sector Internet Software and Services
Investor(s) Diverse Technology Solutions
Voitual.com
Sellers(s) Voitual.com
Deal Type Stake Purchase

Target

DTS VOIP

Islip Terrace, New York, United States
DTS VOIP LLC is a cloud hosted Voice Over IP (VOIP) telephone service provider.

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Investor(S) 2

Investor

Diverse Technology Solutions

Islip Terrace, New York, United States

Category Company
Founded 1998
Sector Internet Software and Services
DESCRIPTION

Diverse Technology Solutions, Inc. is a provider of cloud-based hosting services to the business community. The flagship virtual desktop hosting service DTS-VDESK provided by DTS helps businesses save up to 70% on their overall IT costs. Crestline Investor was founded in 1998 and is based in Islip Terrace, New York.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Stake Purchase M&A Deals 1 of 1
State: New York M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2016 M&A 1 of 1
Investor

Voitual.com

Delray Beach, Florida, United States

Category Company
Founded 2009
Sector Internet Software and Services
DESCRIPTION

Voitual.com is a cloud hosted PBX unified communications telephone service provider delivering a mitel engineered voice service over the Internet.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Stake Purchase M&A Deals 1 of 1
State: New York M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2016 M&A 1 of 1

Seller(S) 1

SELLER

Voitual.com

Delray Beach, Florida, United States

Category Company
Founded 2009
Sector Internet Software and Services
DESCRIPTION

Voitual.com is a cloud hosted PBX unified communications telephone service provider delivering a mitel engineered voice service over the Internet.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Stake Purchase M&A Deals 1 of 1
State: New York M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2016 M&A 1 of 1