Sophia Antipolis, France, July 20 2018 – Centile, one of Europe’s leading providers of Cloud PBX, unified communications and fixed mobile convergence solutions for service providers and integrators, has announced that it has joined forces with Swyx Solutions GmbH and Within Reach Group (WRG).
The merger of Swyx, the German Unified Communications Specialist and WRG, a Dutch holding and parent company of Voiceworks, combined with the acquisition of Centile Telecom Applications is one more step towards creating a new European market leader for Unified Communications (UCaaS) and Fixed-Mobile Convergence (FMC) markets that are poised for rapid growth over the next few years.
Together, the three companies already serve approximately two million end users, via more than 1,400 resellers and service providers. Backed by strong investment from private equity fund Waterland, the new group of companies is in a strong position to further accelerate growth in Europe’s telecom and IT markets, currently experiencing considerable consolidations.
Centile brings an increased international footprint to the combined entity, as it already supports over 100 service providers in 20 countries – including some of the Europe’s largest MNOs and Service Providers deployments - serving more than 600,000 end users. ISTRA, Centile’s scalable multi-tenant cloud UC and FMC platform, will become an integral part of the new operation’s technology portfolio. Being part of a larger group will further accelerate Centile’s development capabilities, while providing access to wider support services and increased global potential.
Says Bertrand Pourcelot, Director General of Centile, “This is great news for us and our customers, enabling us to become a stronger leader in the UCaaS market. Being part of this group enables us to further expand the UCaaS portfolio we already offer our partners, bringing us closer to our mission to be Europe’s UCaaS champion. We look forward to working with the group.”
Ralf Ebbinghaus, CEO and co-founder of Swyx says, “With a combined revenue of 130 million euros and 500 employees across 12 European countries, the three companies are creating a new force in the European market, from which even more synergies will emerge. The planned investments give us the power to remain innovation leaders in the highly dynamic IP-based communications market”.
Stijn Nijhuis, CEO and co-founder of Voiceworks, part of WRG, adds, “Swyx, Voiceworks and Centile grow their businesses through a very large network of resellers and service providers. This provides the combined company with an immediate strong market position in Europe, with a solid base in The Netherlands, Germany and France. The merger between Swyx and WRG and the acquisition of Centile are the first significant results of our European expansion, both bringing a significant increase to our international reach”.
“The organic growth and drive for innovation of Voiceworks, Centile and Swyx is remarkable and will be further accelerated through the merger”, mentions Dr. Carsten Rahlfs, Managing Partner of Waterland Private Equity who supports the new combined group as an investor.
About Centile Telecom Applications
Centile Telecom Applications is the leading European developer of unified communications platforms for operators and integrators. The Centile Any³ architecture – any service, over any network, on any device – meets the needs of business and operators who want to offer advanced professional communications services to fixed and mobile users, regardless of which device or network they are connected to. In the fast-moving fixed and mobile communications market, Centile ISTRA solutions offer customers the flexibility and agility to rapidly develop innovative new services to meet ever-changing customer requirements. Centile is headquartered in Sophia-Antipolis technology park, near Nice, France with a team of 45 employees. Centile was awarded the Frost & Sullivan “Cloud Communication-Value Price/Performance Leadership” for the ISTRA platform and the Internet Telephony Product of the Year Award 2018 for the Mobiis Mobile Application.
About Within Reach Group
Based in Almere, Within Reach Group B.V. was founded in 2015 and is the parent company of brands such as Voiceworks. Each of the labels within WRG contributes to the mission of enabling people within organisations to work together optimally through integrated communication solutions. Through more than 250 reseller partners, Voiceworks provides a total portfolio of IT and communication solutions for the business market. The labels within WRG have a presence in five different countries across Europe and 8 offices servicing SME clients via approximately 450 resellers. The total annual turnover is expected to be 75 million euro in 2018. Within Reach Group counts approximately 300 employees.
About Swyx Solutions
Swyx Solutions GmbH develops software-based communication solutions for the requirements of medium-sized companies. A range of suitable phones and other hardware devices complete the product portfolio. With Swyx, users benefit from all the advantages of optimally networked communication: they can increase accessibility, improve processes and ultimately increase productivity.
Founded in 1999, as a pioneer in the field of IP communications, the company is now the European market leader in this field. With a two-tier distribution model and more than 1,200 authorised dealers, Swyx is present in 24 countries worldwide. The award-winning Unified Communications specialist headquartered in Dortmund, Germany, and with locations in the UK and France, offers both in-house communications solutions and cloud-based variants together with its partners. Currently, more than 150 employees are committed to ensuring that Swyx continues to be one of the technology and innovation leaders in the IP communications market.
Waterland is an independent private equity investment group that supports companies in realizing their growth ambitions. With substantial financial resources and committed industry expertise, Waterland enables its portfolio companies to achieve accelerated growth both organically and through acquisitions. Waterland has offices in the Netherlands (Bussum), Belgium (Antwerp), Germany (Munich, Hamburg), Poland (Warsaw), United Kingdom (Manchester) and Denmark (Copenhagen) and currently manages 6 billion euros of investor commitments. Alongside Swyx Solutions, Waterland has invested in other companies in the IT sector and has substantial experience there. The focus of the Waterland strategy is on “Buy & Build” growth.
Since its founding in 1999, Waterland has consistently achieved a high, above-average performance with its investments and has regularly been among the top 3 of the world's leading private equity firms in the past HEC/Dow Jones Private Equity Performance Rankings compiled by Prof. Gottschalg of the HEC Paris Business School. In the current ranking from December 2017 Waterland occupies second place. In addition, Waterland has also been among the top 3 most consistent buyout fund managers worldwide in the "Preqin Consistent Performers in Global Private Equity & Venture Capital Report" in recent years.
Tel : +44 1491 412944
Centile Telecom Applications
Tel : +33 497 231 265