Q Advisors Represents Coolwave Communications in its Acquisition by Gamma Communications

Gamma Communications plc (“Gamma”), a leading technology-based provider of communication services across Europe, announces its strategic acquisition of Coolwave Communications Limited (“Coolwave”), a Brookfield portfolio company and a prominent international voice services provider. This acquisition highlights Gamma's efforts to bolster its global presence and enhance its voice services portfolio.

Coolwave provides a vital foundation for Gamma to further build its capabilities and extend its cutting-edge voice and messaging services to a broader audience. This is through the valuable international presence that Coolwave has and with the capabilities that Gamma already holds, to leverage combined strengths and opportunities to enhance voice and messaging services, ensuring customers receive the highest quality communication solutions.  

Mike Mills, Director of Service Providers at Gamma, is excited about the acquisition of Coolwave and the prospects it brings for global enablement, commenting "The acquisition of Coolwave aligns perfectly with our strategy to expand our global footprint and provide world-class voice & SMS services to customers. This move enhances our competitive position and empowers us to offer even more innovative solutions."

Ronan Higgins, Commercial Director of Coolwave, added "We are thrilled to join forces with Gamma; it is a great move for Coolwave. This partnership allows us to combine our strengths, technology, and customer relationships with Gamma's resources, size, brand, and energy. Together, we can bring extra services to our customer base and deliver unparalleled voice and messaging services to businesses across the globe."

Daryl Pile, Managing Director of Gamma Business, added "The Coolwave team and capabilities are a superb complementary fit to our Service Provider team. Together we now deliver a range of internationally available services to over 400 existing customers. It will enable us to expand existing relationships and drive new ones, accelerating growth in the global voice services market."

Q Advisors, a leading global TMT investment bank, acted as exclusive financial advisor to Coolwave Communications in connection with this transaction.