William Blair acted as the exclusive financial advisor to TeleSign Holdings, Inc., in connection with its pending sale to Belgacom International Carrier Services SA (BICS), a joint venture of Proximus, Swisscom, and MTN. This transaction was signed on April 25, 2017.
Transaction Highlights
- Deep relationships and sector expertise: TeleSign was attracted to William Blair’s deep sector knowledge in cloud communications and security, highly relevant M&A transaction experience, and proven ability to effectively engage relevant strategic acquirers.
- Trusted guidance: William Blair maintained a long-standing, trusted relationship with TeleSign and the deal team was involved throughout the transaction, providing guidance on the M&A process, strategy, and advice during due diligence and negotiations. William Blair supported TeleSign in navigating the extremely complex transaction, resulting in a premium outcome.
- Highly strategic transaction process and execution: William Blair designed and executed a highly targeted sale process with outreach to a prescreened audience of strategic buyers who demonstrated interest in TeleSign. This process yielded a strategic, cross-border outcome for TeleSign and the opportunity to partner with another recognized leader in cloud communications.
About the Companies
TeleSign is a communications platform as a service (CPaaS) company. Since 2005, TeleSign has been a trusted partner to 20 of the top 25 global websites and mobile applications, helping secure billions of end-user accounts. Today, TeleSign’s data-driven, cloud communications platform is changing the way businesses engage with customers and prevent fraud. TeleSign is a portfolio company of Adams Street Partners, March Capital Partners, Summit Partners, and Telstra Ventures. TeleSign is based in Marina del Rey, California.
BICS is recognized in the wholesale communications market as a top global voice carrier and the leading provider of mobile data services. BICS aims at bridging the telecom world with the new unconventional communication providers worldwide. BICS innovative suite of solutions for voice, messaging, data and connectivity, business intelligence and analytics, fraud and security, roaming, global Internet of Things, and asset monetization are designed to bring value to its customers’ businesses. BICS is based in Brussels, Belgium.
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