We have advised Gamma Communications plc, a leading technology-based provider of communication services across Europe, on its acquisition of Coolwave Communications, an international SMS and voice services provider from the Imagine Communications Group. The terms of the acquisition are confidential.
Brendan O’Brien, partner in the Corporate practice at Bird & Bird commented: “It was great to advise Gamma Communications on their strategic acquisition of Coolwave Communications, a prominent international SMS and voice services provider. This acquisition highlights Gamma’s efforts to bolster its global presence and enhance its voice services portfolio and demonstrates our ability to advise on cross-border corporate transactions within the telecoms sector.”
Mike Mills, Director of Service Providers at Gamma, commented “The acquisition of Coolwave aligns perfectly with our strategy to expand our global footprint and provide world-class voice & SMS services to customers. This move enhances our competitive position and empowers us to offer even more innovative solutions.”