A Profitable Exit for a Cloud-Native Communications Platform Provider
A Profitable Exit for a Cloud-Native Communications Platform Provider
We’re proud of client and cloud-native communications platform provider NetSapiens in its merger agreement with Crexendo Enterprises for approximately $50 million. Procopio M&A attorney Jessica Lazur led negotiations, with Paul Johnson, John Miles, Eric Swenson, Bill Eigner, Christopher Tinen, Sean Sullivan, Bill Belanger, and Alexandra “Sasha” Selfridge part of the team.
As Crexendo noted in announcing the deal, “NetSapiens is an award-winning, patented cloud-native communications platform delivered via a high availability, multi-tenant solution that can be consumed however the service providers prefer, in their cloud or the NetSapiens cloud, on a subscription or a purchase model. They currently support over 1.7 million users on their platform through a community of partners.” Learn more about our client’s exit in the Crexendo press release.
MEDIA CONTACT
Patrick Ross, Senior Manager of Marketing & Communications
EmailP: 619.906.5740
EVENTS CONTACT
Suzie Jayyusi, Events Planner
EmailP: 619.525.3818