TelcoSwitch’s Equity Investment by Queen’s Park Equity

Osborne Clarke has advised the shareholders of TelcoSwitch on the deal while Goodwin Procter represented Queen’s Park Equity.

TelcoSwitch on a private equity investment by Queen’s Park Equity (QPE) to accelerate its ambitious growth.
TelcoSwitch is a leading provider of unified communications and compliance solutions, delivered through its software platforms supporting 140,000 daily users across 65 countries. It has recently been recognised in the Sunday Times Tech Track 100 and the FT 1000: Europe’s Fastest Growing Companies.

QPE’s eighth partnership investment will allow TelcoSwitch to explore further M&A opportunities, broaden its channel-focused product suite, increase headcount to better serve its customers and surpass 400,000 active users by 2024. It follows a series of acquisitions completed in the last 18 months, including OneVoice, PBX Hosting and SureVoIP.

The Osborne Clarke team assisting TelcoSwitch was led by Partner Mike Freer (Picture) and included Senior Associate Leanne Wright, Associate Ben Parker, Associate Matthew Grice and Associate Jack Harris. Partner David Nisbet and Associate Kirsty Poulton advised on tax, Senior Associate Lara Flynn on employment, Senior Associate Gregory Barton on commercial and Partner Michael Carter on incentives.

The Goodwin team consisted of John Van de North, Saya Sharma, Hermina Wong, Tanzilah Iqbal, Ayanda Kweyama and Jack McCarthy (Corporate), Richard Hughes, Nadim Islam and Benjamin Bechhofer (Finance), Dulcie Daly and Satvi Vepa (Tax), Gretchen Scott and Genevieve Watt (IPTS), Josephine Jay (DP), Chris Tutton (Employment) and Cecelia Lockner (W&I Insurance).

Involved fees earner: Dulcie Daly – Goodwin Procter; Richard Hughes – Goodwin Procter; Tanzilah Iqbal – Goodwin Procter; Nadim Islam – Goodwin Procter; Josephine Jay – Goodwin Procter; Cecelia Lockner – Goodwin Procter; Gretchen Scott – Goodwin Procter; Saya Sharma – Goodwin Procter; John Van de North – Goodwin Procter; Satvi Vepa – Goodwin Procter; Genevieve Watt – Goodwin Procter; Hermina Wong – Goodwin Procter; Gregory Barton – Osborne Clarke; Michael Carter – Osborne Clarke; Lara Flynn – Osborne Clarke; Mike Freer – Osborne Clarke; Matthew Grice – Osborne Clarke; Jack Harris – Osborne Clarke; Leanne Maund – Osborne Clarke; David Nisbet – Osborne Clarke; Ben Parker – Osborne Clarke; Kirsty Poulton – Osborne Clarke;

Law Firms: Goodwin Procter; Osborne Clarke;

Clients: Queen’s Park Equity; TelcoSwitch;

Giulia Di Palma

Author: Giulia Di Palma