December 23, 2019
WindCorp Translink has been the financial advisor to Masvoz in the sale of a 100% stake to Enreach Spain, S.L.U.
Due to this operation, the specialized operator in cloud communications solutions Masvoz, which provides services to Spanish companies, joins the Enreach group – the fastest-growing European unified communications provider (UCaaS).
Masvoz is a telecommunications operator founded in 2002 that develops and markets intelligent communication services and solutions for companies, under a pay-per-use cloud model and adaptable to companies of all sizes, including VoIP (voice over Internet protocol) and communications in the cloud, an area that has become a market reference and in which the company has an extensive catalog. The Barcelona-based group currently has a staff of 70 employees and more than 1,500 clients.
Alfred Nesweda, CEO of Masvoz, has stated: «We are excited to be part of Enreach, a strong partner that shares our focus on efficient communications as a way to enrich relationships. At Masvoz, we offer smart communications solutions that help companies to grow, be more flexible and efficient as well as communicate more effectively. The Integration into Enreach will foster the growth of our customers. We hope to shape the future together and achieve maximum success in Spain and in the European markets.»
Enreach is a leading European group specialized in unified communications owned by the privately held company Waterland. The company offers a complete portfolio of products, services and solutions in communications, collaboration and connectivity, all of them integrated into commercial systems of all shapes and sizes.
Waterland has also supported other Enreach acquisitions, including the Danish company M Mobility and the Dutch group Crystal Networks in October 2019. The company has been following a strategy based on the purchase and expansion of its portfolio of ICT infrastructures in the technology sector.
Some figures of the transaction
In 2018 Masvoz achieved sales of 22 million euros and an EBITDA of 3.5 million euros, and expects to reach sales of 26 million euros in 2019 (EBITDA c.4m).
On the other hand, taking into account its recent additional acquisitions, Enreach will reach a turnover of more than 180 million euros.
In this operation, Masvoz has had as exclusive advisers on mergers and acquisitions the WindCorp Translink partners Josep Pere Gutiérrez and Óscar Llaudet, who have highlighted: «It has been a real pleasure working with the Masvoz team to create a European leader in Unified Communications (UCaaS), along with Enreach.»
A notorious growth opportunity in Europe
Due to the incorporation of Enreach and the financial backing of the Private Equity Waterland, Masvoz seeks to consolidate its presence in Spain and exploit growth options in the European market. This way, Masvoz will have access to a broader portfolio of unified communications (UCaaS) and will provide its Cloud Contact Center solution for professional customer service to the Enreach group.
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WindCorp Translink has been the financial advisor to Masvoz in the sale of a 100% stake to Enreach Spain, S.L.U..
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