M&A Deal Summary

Ribbon Acquires GENBAND

On October 30, 2017, Ribbon acquired technology hardware company GENBAND from One Equity Partners

Acquisition Highlights
  • This is Ribbon’s 1st transaction in the Technology Hardware sector.
  • This is Ribbon’s 6th transaction in the United States.
  • This is Ribbon’s 2nd transaction in Texas.

M&A Deal Summary

Date 2017-10-30
Target GENBAND
Sector Technology Hardware
Buyer(s) Ribbon
Sellers(s) One Equity Partners
Deal Type Merger

Target

GENBAND

Frisco, Texas, United States
GENBAND is a supplier of secure IP infrastructure products and solutions for mobile and fixed line service providers worldwide. GENBAND is based in Frisco, Texas.

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Buyer(S) 1

Buyer

Ribbon

Plano, Texas, United States

Category Company
Founded 1997
Sector Technology Hardware
Employees3,107
Revenue 826M USD (2023)
DESCRIPTION

Ribbon is a provider of SIP and 4G/VoLTE communication equipment solutions to its customers by enabling and securing mission critical traffic for VoIP, video, IM, and online collaboration. Ribbon was founded in 1997 and is based in Plano, Texas.


DEAL STATS #
Overall 6 of 9
Sector (Technology Hardware) 1 of 1
Type (Merger) 1 of 2
State (Texas) 2 of 2
Country (United States) 6 of 8
Year (2017) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-26 Taqua

Richardson, Texas, United States

Taqua LLC is a provider of software-based networking solutions have been deployed by hundreds of wireline, cable and wireless carriers to enable new services, drive new revenues and lower overall costs. Taqua is enabling the transformation to software-based service provider networks capable of delivering next generation voice, video and messaging services including VoIP, VoWi-Fi and VoLTE.

Buy $20M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-06-25 Edgewater Networks

San Jose, California, United States

Edgewater Networks, Inc. is a provider of IP-based voice, video and data services. Edgewater Networks was founded in 2002 and is based in San Jose, California.

Buy -

Seller(S) 1

SELLER

One Equity Partners

New York, New York, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2001
PE ASSETS 10.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

One Equity Partners (OEP) is a private equity firm that targets buyout and growth capital investments in North America, Europe, and Asia. OEP prefers to be the lead investor and typically commits $30 to $150 million per transaction. Sectors of interest include industrial products/services, consumer, retail, chemicals, media, communications, and healthcare. One Equity Partners was formed in 2001 and spun out of JP Morgan Chase in 2015. One Equity Partners is based in New York, New York.


DEAL STATS #
Overall 34 of 63
Sector (Technology Hardware) 2 of 2
Type (Merger) 2 of 7
State (Texas) 3 of 3
Country (United States) 23 of 42
Year (2017) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-03 Allegro MicroSystems

Manchester, New Hampshire, United States

Allegro MicroSystems is a developer of advanced semiconductor technology and application-specific algorithms. Allegro MicroSystems is based in Manchester, New Hampshire.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-12-05 OneLink

Edificio Cocopat, Guatemala

OneLink is a provider of business process outsourcing (BPO) services. OneLink serves North and Latin American clients in the consumer, telecom, technology, and travel and leisure sectors from 12 state-of-the-art delivery centers in El Salvador, Nicaragua, Colombia, and Guatemala. The Company’s 8,000-plus employees provide an integrated portfolio of BPO services, including customer relationship management, sales, technical support, finance and accounting, logistics, supply chain, and other back-office services. OneLink based in Edificio Cocopat, Guatemala.

Buy -