M&A Deal Summary

net2phone Acquires RingSouth Europa

On December 17, 2019, net2phone acquired communications company RingSouth Europa

Acquisition Highlights
  • This is net2phone’s 1st transaction in the Communications sector.
  • This is net2phone’s 1st transaction in Spain.

M&A Deal Summary

Date 2019-12-17
Target RingSouth Europa
Sector Communications
Buyer(s) net2phone
Deal Type Add-on Acquisition

Target

RingSouth Europa

Murcia, Spain
RingSouth Europa provider of cloud communications services to Spanish businesses with a roster of corporate and institutional clients including the University of Murcia. RingSouth Europa was established in 2005 and is based in Murcia, Spain.

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Buyer(S) 1

Buyer

net2phone

Newark, New Jersey, United States

Category Company
Sector Communications
DESCRIPTION

net2phone, Inc. is a provider of cloud based telephony services. net2phone's flagship hosted PBX service offers its channel partners the opportunity to uncover significant recurring revenues, enjoy customer retention, and add new services to, or even build, their own brands.


DEAL STATS #
Overall 4 of 5
Sector: Communications M&A 1 of 1
Type: Add-on Acquisition M&A Deals 4 of 5
Country: Spain M&A 1 of 1
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-09-17 Versature

Ottawa, Ontario, Canada

Versature Corp. is a SaaS-based business communications solutions and hosted VoIP provider serving the Canadian market. Versature was founded in 2003 and is based in Ottawa, Ontario.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-03 Integra

Montevideo, Uruguay

Integra provides a rich set of contact center and process features, including omnichannel support, social media integrations, chat-bot communications, workflow management, development tools for tailored contact center solutions, and numerous third-party software integrations. Integra is based in Montevideo, Uruguay.

Buy -