Volaris Group, an operating group of Constellation Software Inc, has acquired Netadmin Systems. No financial terms were released. Based in Linköping, Sweden, Netadmin is a provider of operational support system solutions which help communication service providers build and operate their networks and meet service levels. Toronto-based Constellation acquires, manages and builds vertical market software businesses. Publicly listed in 2006, it remains a portfolio investment of OMERS Private Equity.
Netadmin Systems Acquired by Volaris Group
LINKÖPING, Sweden, September 15, 2015 /PRNewswire/ —
Netadmin Systems is pleased to announce that it has been acquired by Volaris Group.
As Volaris’ second acquisition in the Communications vertical market, Netadmin Systems will remain focused on automating business processes and facilitate Communication Service Providers’ (CSPs) growth when they roll out fiber based networks (“FTTH/B”).
Netadmin’s OSS enables CSPs to build and operate their networks, cost-effectively deploy data, voice, and video services, and provide monitoring and assurance to ensure customer service levels are met.
“We are eager to grow our business further in our core markets and expand our presence in other high growth FTTx markets internationally. We are excited about Volaris’ long-term commitment to our market and the best practices and synergies that exist within their emerging Communications vertical,” said Olle Hillström, CEO of Netadmin. “Volaris’ approach to building our business for the long-term has a good fit with our culture. We believe that with Volaris and their investments we can continue to grow our business to better serve our customers worldwide.”
About Netadmin Systems
Netadmin System i Sverige AB (Netadmin Systems) develops and markets NETadmin, a vendor-independent OSS system automating the service fulfillment and service assurance processes in today’s and tomorrow’s networks. Netadmin Systems is headquartered in Linköping, Sweden with an office in Stockholm. Netadmin Systems has over 70 customers worldwide and a market leadership position in the Nordics, Switzerland and Netherlands. Key customers include TeliaSonera, Telenor Open Universe, M7 Group, Caiway, Eidsiva, and Jersey Telecom. Learn more at: http://www.netadminsystems.com
About Volaris Group
Volaris acquires, strengthens and grows vertical market technology companies. As an Operating Group of Constellation Software Inc., Volaris is all about strengthening businesses within the markets they compete and enabling them to grow – whether that growth comes through organic measures such as new initiatives and product development, day-to-day business, or through complementary acquisitions. Learn more at: http://www.volarisgroup.com
Photo courtesy of Netadmin Systems