Private equity investor Waterland has purchased Swyx Solutions, a provider of unified communications solutions to mid-sized companies throughout Europe. This acquisition enables Waterland to strengthen the software and IT section of its portfolio.
Swyx is a leading unified communications software solutions provider and developer. The company offers leading edge communications and collaboration solutions to SMEs. Swyx integrates and connects all communication channels such as voice, instant messaging, video and email with company-relevant process applications. Solutions can be run directly via the client’s existing infrastructure on premises, via a partner cloud service or based on the cloud service provided by Swyx.
Growing Internationally with Waterland
As one of the market leaders in Europe, Swyx has a two-tier goto market approach with more than 1,200 authorized specialist trading partners at local level. The Dortmund-based company with locations in the United Kingdom and France also sells complimentary equipment to accompany its software solutions.
Swyx focuses its solutions particularly on mid-sized companies. The company’s solutions are currently being used by nearly one million users throughout Europe. The international share of sales is around 10 percent. “Swyx has a great deal of growth potential, particularly outside Germany,” commented Dr. Ralf Ebbinghaus, CEO and co-founder of Swyx. “Together with Waterland, we will now be able to exploit this potential.”
The recent launch of SwyxON enables Swyx to supply its award-winning software solution (including overall winner in the reader selection of trade magazine Telecom Handel reader selection in the mid-sized company segment) as a dedicated public-cloud service and strengthens the company’s focus on the increasing demand for cloud products. In doing so, Swyx offers its partners and clients maximum flexibility for the implementation of the solution, which can either be run via the cloud or via the individual infrastructure on premises.
Partner with comprehensive expertise in the IT sector
The private equity company Waterland is already successfully managing various companies in the IT sector in its portfolio. “The investment in Swyx is a perfect match with our strategy at Waterland of investing in high-growth, high-quality companies which have a leading position in their sector and want to expand,” said Dr. Carsten Rahlfs, partner of Waterland.
During the takeover process, Swyx was exclusively advised by Q Advisors, a global investment banking boutique located in Denver and San Francisco specializing in technology, media and telecommunication (TMT).