Amvensys Telecom Holdings has acquired Voicecom Telecommunications, which does business as Intelliverse. Global Equity Capital is the seller. Financial terms were not announced. Atlanta-based Intelliverse provides communications services in the business-to-business market. Peter A. Sokoloff & Co. provided financial advice to Intelliverse.
Amvensys Telecom Holdings, a Dallas, Texas – based diversified international technology, telecommunications, and energy services provider has completed the acquisition of Voicecom® Telecommunications, LLC (doing business as Intelliverse®), a leading communications solutions provider.
“We are excited to complete the Intelliverse acquisition. Intelliverse provides Amvensys with an experienced and proven team who have developed cutting edge IP communications technology,” said Z. Ed Lateef, CEO of Amvensys. “I look forward to working with Intelliverse to expand its portfolio of products and services into new markets.”
Intelliverse is a leading provider of automated communications technologies in the business-to-business market offering solutions such as automated attendants, customized interactive voice response systems, voicemail, voice messaging, conference calling and VoIP. Prior to the acquisition, it was a portfolio company managed by Boulder, Colorado-based Global Equity Capital, LLC.
“The timing of this transaction couldn’t be better,” said Kevin M. Moran, President and CEO of Intelliverse. “We have just completed a major upgrade to our core product delivery platform giving us tremendous potential that is ready to be tapped.”
In connection with this transaction, Amvensys retained Southwest Securities, Inc., a subsidiary of SWS Group, Inc. (NYSE: SWS), as its exclusive financial advisor and Locke Lord Bissell & Liddell LLP as counsel. The Intelliverse shareholders retained Peter A. Sokoloff & Co as financial advisor.
Transaction terms were not disclosed.
Intelliverse creates industry-specific communications solutions built around technology foundations in Interactive Voice Response (IVR), unified communications and internet telephony resulting in value-driven communications packages to address specific business needs. Providing services since 1984 and headquartered in Atlanta, Georgia, Intelliverse offers the stability of an established company plus the agility of an innovative technology provider.
About Amvensys Telecom Holdings, LLC
Amvensys is a diversified international technology, telecommunications, and energy services organization with a focus on residential and commercial customers. Some of Amvensys’ portfolio companies include dPi Teleconnect, TAG Mobile, dPi Energy, each based in Dallas, Texas and Amvensys Technologies, based in Bangalore, India. Amvensys is headquartered in Dallas, Texas. For more information on its telecom, mobile, and energy brands please see www.dpiteleconnect.com; www.tagmobile.net; and www.dpienergy.com.
About Global Equity Capital, LLC
Global Equity Capital, LLC is a private equity firm focused on value creation through extensive operating expertise in small to middle-market transactions. GEC provides speed and flexibility in carve-outs of non-core assets from public and private entities, financial or operational turnarounds and growing businesses looking for operational and financial resource assistance. GEC is led by an experienced team, which has demonstrated over time a reliable track record of creating substantial value in its portfolio companies for shareholders and management. GEC is headquartered in Boulder, Colorado. For more information visit www.globalequitycap.com.