Abry-backed telecom firm NetNumber forms two new companies

• NetNumber Global Data Services has named Steve Legge as CEO
• Legge joined NetNumber in 2013
• Kevin Peters, NetNumber’s president and CEO since 2018, will lead Titanium Software, serving as CEO

NetNumber, a telecommunications company, has separated its business lines to form two companies: NetNumber Global Data Services and Titanium Software.

The spin-out follows NetNumber’s acquisition by Abry Partners. No financial terms were disclosed.

Simultaneously, as part of the spin-out, the software solutions suite and assets within the NetNumber umbrella will now operate as an independent private company, Titanium Software.

NetNumber Global Data Services has named Steve Legge as CEO. Legge joined NetNumber in 2013 as vice president of corporate development, heading global partner strategies. He has served as the company’s chief operating officer since 2018.

“This future-focused investment by Abry Partners signifies the power and impact our team and services continue to have on the industry,” said Steve Legge, CEO of NetNumber Global Data Services, in a statement. “It also further bolsters our growth trajectory into existing and emerging global markets while strengthening our team of customer-focused industry pioneers to remain at the forefront for many years to come.”

Kevin Peters, NetNumber’s President and CEO since 2018, will lead Titanium Software, serving as CEO. In addition, Matt Rosenberg, long-term NetNumber executive and current chief revenue officer, has been appointed Titanium Software’s president of global carrier and government business.

Macquarie Group was financial advisor to NetNumber throughout the transaction.