Written by Amy Ralls | Oct 12, 2018 4:00:00 AM
STOCKHOLM,
October 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
Stockholm,
Gothenburgand
Rotterdam. More at
http://www.soluno.com and
http://www.callhosted.nl.