SolunoBC & CallHosted Join Forces to Grow the Cloud Business in Europe

STOCKHOLMOctober 9, 2018 -- Soluno,  the  largest  operator-independent UCaaS provider  on the  Nordic  market  joins forces  with  CallHosted,  the Netherlands based cloud service provider.  The  transaction strengthens  our  mobile  first  wholesale  concept and  its  market coverage  in Europe. The combined entity is created through  a transaction in which  Soluno  acquires  CallHosted and the  shareholder  of CallHosted  is  reinvesting  into  SolunoBC Holding AB  whereSEB Private Equity  remains  the majority shareholder.  The CEO and founder of CallHosted, Paul Smissaert  remains in a key operative role and joins the Soluno leadership team. The transaction is an important step in developing Soluno as the most attractive wholesale supplier in  Europe and the combined company sees several interesting synergies. Both companies share a common view of cloud-based communications and use a common software platform for the distribution and development of cloud communication services. In addition to this, the exchange of knowledge, automation and add-on services are things that complement the companies well, which will deliver enhanced values for partners and end-users across markets. The focus for the combined company will remain on expanding operations in  the Netherlands and subsequently expand into further markets in  Europe. With joined forces Soluno fast becomes an obvious integrator in a new market, with existing customers, active services and employees in place through CallHosted. "With this step we combine shared experiences for having the best offer towards our customers, not only in  the Netherlands but also towards our ambition to expand internationally.  With our Cloud propositions supported by a hassle-free activation journey we are able to grow with the right economy of scale. Best conditions for domestic and international expansion as an operator - independent cloud communications integrator. We will take the position of the leading systems integrator in the Cloud and create the best experience for customers, partners and operators,"  says  Paul Smissaert, the founder of CallHosted. "We are delighted to see CallHosted joining Soluno, the complementary talents and propositions will help accelerate Solunos international growth. We are impressed with what CallHosted has achieved to date in  the Netherlands and we look forward to jointly realize the full potential of the business opportunity,"  says  Mattias Ohde, CEO of SolunoBC AB During 2018, the company is expected to turn over approx.  25 Million EUR and have its offices in  StockholmGothenburgand  Rotterdam. More at http://www.soluno.com and http://www.callhosted.nl.
Cloud Communications Alliance

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