Transaction

Clearwater advises Novabase on its sale of COLLAB to Netadmin

Transaction

Novabase sells COLLAB to Netadmin

Sell-side

Undisclosed

Role

Adviser to Novabase on its sale of COLLAB to Netadmin

Sector

Tech & Tech Services

Region

Spain

Clearwater has advised Novabase, a specialist in software development on its sale of Collab - Soluções Informáticas de Comunicação e Collaboração (Collab), a contact centre solutions provider to Netadmin System i Sverige AB (Netadmin) a Swedish software solutions business specialised in the fiber Operation Support System (OSS) market.

Founded in 2003, Collab is a provider of mission critical multi-media contact centre solutions including on-premise contact centres, contact centres as a service, and cloud PBX solutions, provided to telecommunications services providers and contact centre solution providers worldwide. In 2007, Novabase invested in Collab to facilitate growth which allowed the business to expand internationally, including direct entry into several countries in Sub-Saharan Africa and to establish an international partner network. Today Collab has over 500 customers worldwide, 35,000 live concurrent contact centre agents on the system, and over 70 partners in 40 countries that market, sell and operate Collab solutions locally.

Found in 2004, Netadmin, provides operational support systems to communication service providers launching fiber networks. The company is owned by Toronto-based Volaris Group (Volaris), an operating group of software service provider Constellation Software Inc, whose philosophy is to acquire, strengthen and grow vertical market technology companies.

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This operation will make it possible to continue implementing its strategy, freeing resources for the execution of the goals of the Strategic Update 2019+, disclosed to the market on July 25, 2019.

João Nuno Bento, CEO da Novabase SGPS
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We have been talking with Volaris regularly since 2017 and are now convinced they are the best home for Collab as they are able to provide access to their global communications customer and partner ecosystem, they will enable us to continue to operate autonomously, and they have strong knowhow, best practices and financial resource to help us to grow sustainably and entertain future M&A of our own. We also liked their practice of 'buy and hold forever' as well as their dedication to allow us to maintain our corporate identity and accelerate the brand we have worked so hard to build over two decades in the market.

Pedro Quintas, Founder of Collab

We are excited to bring a market-leading contact centre business into our portfolio, in order to complement our existing companies and provide further mission-critical software capabilities to our ecosystem, We are particularly impressed with how Collab has transformed itself from an on-premise to cloud-native contact centre provider, and from predominantly direct sales to successful establishment of a global partner network.

David Nyland, Portfolio Leader and President, Media & Communications vertical, Volaris Group

Advisers

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