Vitruvian Acquires Majority Stake in Voxbone

On August 20, 2015 Vitruvian Partners LLP, a leading independent European private equity firm, announces that it has acquired a majority stake in Voxbone SA (‘Voxbone’ or ‘the Company’), a cloud-based provider of international voice over internet protocol (‘VoIP’) services delivering communications solutions for enterprises worldwide.With Vitruvian’s backing, Brussels-headquartered Voxbone will look to drive its next phase of growth as it further strengthens its position as a unique player in the rapidly growing cloud communications market. The Company is the global market leader in providing geographical, mobile and toll-free numbers (Direct Inward Dialling or “DID”) and associated network capacity for enterprise customers routing and enabling the receipt of calls, messages and data communications over IP worldwide. Voxbone helps its customers extend their international reach in a low cost and efficient manner. Typical customers include cloud communication providers, contact centres, conference call providers and global telecommunications operators.

Voxbone is the market leader in providing virtual local phone numbers (often referred to as inbound SIP trunks, or DID numbers). Its services enable cloud communications providers, international carriers and enterprise contact centres to extend the reach of their voice networks internationally, rapidly and at minimal cost. The company delivers high-quality inbound SIP trunks from more than 55 countries and more than 8,000 cities around the world. Voxbone’s geographical, mobile and toll-free numbers can be ordered in real-time via a web portal or an API. Voxbone is the only operator of its kind with its own number ranges, telecommunications licenses and a global private VoIP backbone. Customers include: Telefónica, Deutsche Telekom, NTT Communications, 8×8 Inc., InContact, LiveOps and Skype.

Vitruvian Partners LLP is an independent private equity firm which specializes in middle market buyouts, growth buyouts and growth capital investments in the United Kingdom and Northern Europe. Vitruvian focuses on investing in ‘dynamic situations’ in industries characterized by growth and change, such as business services, technology/internet, media, telecoms, financial services, healthcare and consumer services. In December 2013, Vitruvian announced that it had closed the fundraising of its second fund, Vitruvian Investment Partnership II (“VIP II”), at its self-imposed cap of £1 billion ($1.6 billion; €1.2billion). Vitruvian has offices in London, Munich and Stockholm.

You can find more information about Genoa’s acquisition of 1DocWay on their website.

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