Telarix has announced its acquisition by Vista Equity Partners, a private equity firm focused on investing in software, data, and technology-enabled companies. The acquisition will see Telarix’s technology platform used to pursue new growth opportunities and help CSPs more efficiently and effectively manage their partner relationships.
Telarix provides billing, settlement, trading, routing and price list management solutions to communications services providers (CSPs). With a community of over 4,000 CSPs, Telarix provides electronic information exchange, allowing customers to increase their revenue, extend their reach, and optimise 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, the chief executive of Telarix. “With call volumes higher than ever, coupled with increased competition, service providers of all sizes including carriers, OTTs 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 optimising interconnect transactions and driving ROI.”
Vista has more than $14 billion in cumulative capital commitments, focused on investments in software, data, and technology-enabled companies. The firm helps 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 Smith, the chief executive 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.”
