GMT’s MeetingZone Completes Third Bolt-on Acquisition

GMT Communications Partners‘ portfolio company, MeetingZone, has completed its third bolt-on acquisition in eighteen months. MeetingZone, a global audio/web conferencing and collaboration services provider, has acquired Atia Communications, a UK based provider of Unified Communications (UC) services and a Microsoft Lync 2010 accredited specialist.

PRESS RELEASE

GMT is pleased to announce that its portfolio company, MeetingZone, has completed its third bolt-on acquisition in eighteen months.
MeetingZone, the independent global audio/web conferencing and collaboration services provider, has acquired Atia Communications, the UK based market-leading provider of Unified Communications (UC) services and a Microsoft Lync 2010 accredited specialist.
The acquisition enables MeetingZone to build on its portfolio of products and services to address the rapidly growing UC market with Atia’s Microsoft Lync solutions, in addition to its current range of Cisco WebEx services.
UC intelligently combines voice, video, instant messaging, mobile voice and data and other multimedia services in a bespoke way, tailored to individual business needs. Combined with MeetingZone’s existing services, these exciting technologies provide greater flexibility in an efficient and cost-effective way and can revolutionise the way businesses operate.
Initially Atia will retain its own identity and brand, but both MeetingZone and Atia will actively promote each other’s complementary services.
GMT acquired MeetingZone in July 2011. In late 2011, MeetingZone completed its first bolt-on acquisition, acquiring Unified Communications Sweden AB, a Stockholm based conferencing provider. This was followed by a second bolt-on acquisition, Confy AB, in June 2012, allowing MeetingZone to expand its geographical footprint and diversify into the Scandinavian conferencing market.
The MeetingZone group operates in the UK, Germany, Scandinavia, the US and Canada.
GMT Communications Partners is a European independent private equity group focused exclusively on the media, information, entertainment and telecommunications industries, having actively invested in the European mid-market for the past 20 years.
As industry practitioners, GMT focuses heavily on developing new strategic directions for established businesses that are able to benefit from new communications technologies. Since inception in 1993, GMT has raised and invested €775 million in 31 companies across 19 countries, exclusively in the European TMT industry.

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