Esendex, the business SMS specialist backed by Darwin Private Equity, has acquired Derby based Collstream, experts in delivering tailored communications services, for an undisclosed sum. The acquisition will create a business with combined revenue of \u00a325m and open up new opportunities for further global expansion.<\/p>\n
\u201cThis acquisition is all about growth,\u201d said Geoff Love, CEO at Esendex. \u201cThe intelligent multi-channel messaging services that Collstream offers customers is something that over 7,000 Esendex customers around the world can now benefit from.\u201d\u2028<\/p>\n
Collstream was founded in 2005 and has developed strong customer relationships in the debt collection agency space. The company helps its customers to grow existing relationships, reduce administrative overheads and more efficiently perform core business activities, using SMS, Voice Messaging and IVR systems.\u2028<\/p>\n
\u201cEsendex\u2019s scale, expertise and proven track record mean that the Collstream team and technology will be able to develop and expand into new sectors and to grow internationally,\u201d said Ian Maxfield, co-founder at Collstream.\u2028
\n\u201cWe leave our customers in the best possible hands and this new combined business is going to lead the way for the industry,\u201d added Chris Harrison co-founder at Collstream.\u2028<\/p>\n
The acquisition of Collstream will create a combined business with revenue of \u00a325m, further enhancing Esendex\u2019s leadership of the business messaging sector. The business will now have over 130 staff in offices in Derby, Nottingham, Barcelona, Lisbon, Vienna, Madrid and Melbourne.\u2028<\/p>\n