Vista Equity Partners to Acquire Telarix, Inc.
Vienna, VA (PRWEB) January 14, 2016 -- Telarix, Inc. (“Telarix”), a leading provider of wholesale and partner solutions for communication service providers (“CSPs”), announced today its acquisition by Vista Equity Partners (“Vista”), a leading private equity firm focused on investing in software, data, and technology-enabled companies. The acquisition will leverage Telarix’s world-class technology platform to pursue new growth opportunities, helping CSPs more efficiently and effectively manage their partner relationships.
Telarix—named the market leader in CSP billing for Interconnect & Settlement—provides billing, settlement, trading, routing, and price list management solutions to the largest carriers around the globe. With a carrier community of over 4,000 CSPs, Telarix is the telecommunications industry’s de-facto standard for electronic information exchange, allowing customers to increase their revenue, extend their reach, and optimize their interconnect businesses.
“We are excited to partner with Vista as we scale to meet the expanding and evolving needs of our clients,” said Glen Kazerman, CEO of Telarix. “With call volumes higher than ever, coupled with increased competition, service providers of all sizes including carriers, OTT’s and Next Generation Networks need to be able to seamlessly streamline all of their partner-related business processes. Together with Vista, we can continue to develop and deliver innovative solutions to help our customers do just that, while simultaneously optimizing interconnect transactions and driving ROI.”
Vista is a leading private equity firm with over $14 billion in cumulative capital commitments, focused on investments in software, data, and technology-enabled companies. Vista has an extensive track record of successful transactions, helping companies achieve operational, product, and customer service excellence by contributing professional expertise and proven best practices.
“We are excited to be partnering with an industry leader that helps make global communication possible,” said Robert F. Smith, CEO and Chairman of Vista Equity Partners. “Increased mobile penetration and higher international call volumes have made Telarix well positioned for growth, and we look forward to working with the management team to meet the opportunities of an increasingly interconnected world.”
SunTrust Robinson Humphrey served as exclusive financial advisor to Telarix.
About Telarix
With a community of over 4,000 carriers, Telarix is the de-facto standard in electronic information exchange. Every day, we empower our clients with wholesale billing, business intelligence, fraud management, least-cost routing and partner settlement solutions. For more information, visit us at http://www.telarix.com.
About Vista Equity Partners
Vista Equity Partners is a U.S.-based investment firm with offices in Austin, Chicago, and San Francisco, with more than $14 billion in cumulative capital commitments. It currently invests in software, data and technology-based organizations led by world-class management teams with long-term perspective.
Vista is a value-added investor, contributing professional expertise and multi-level support that enables companies to realize their full potential. Vista’s investment approach is anchored by a sizable long-term capital base, experience in structuring technology-oriented transactions and proven management techniques that yield flexibility and opportunity in private equity investing. For more information, please visit http://www.vistaequitypartners.com.
Contacts:
Telarix
Lisa Tovar
Direct: 703.564.9690
Email: ltovar(at)telarix(dot)com
Vista Equity Partners
Alan Fleischmann
Direct: 202.413.4495
Email: afleischmann(at)laurelstrategies(dot)com
Barbara Henris, Quexor Group, http://www.quexor.com, +1 (703) 470-9446, [email protected]
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