GCA Altium advises Waterland on its acquisition of Swyx Solutions
GCA Altium acted as debt advisor to Waterland on the acquisition of Swyx Solutions, a leading provider and developer of unified communications software solutions.
Swyx offers leading-edge communications and collaboration solutions to SMEs. The company 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 premise, via a partner cloud service or the cloud service provided by Swyx.
Private equity firm Waterland is committed to enhancing Swyx’s international expansion. „Swyx has a great deal of growth potential, particularly outside Germany. Together with Waterland, we will now be able to exploit this potential,“ commented Dr Ralf Ebbinghaus, CEO and Co-Founder of Swyx.
Waterland already successfully manages various IT companies in its portfolio. „The investment in Swyx is a perfect reflection of our strategy 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 at Waterland.
GCA Altium advised Waterland on all commercial aspects of the financing transaction. Dr Johannes Schmittat, Managing Director at GCA Altium, commented: „Swyx offers an outstanding range of products and is expected to grow strongly over the next years. In addition, the implemented financing structure provides an ideal set-up for add-on acquisitions.“