RSM's corporate finance team has advised on the sale of Hosted IP Communications (Europe) Limited (HIPCOM) to a listed American buyer BroadSoft, Inc. for an undisclosed sum.
HIPCOM is a market leading Communications-as-a-Service (CaaS) provider. Building upon the successful adoption of BroadCloud® PBX in the U.S., this acquisition enables BroadSoft® to leverage HIPCOM’s extensive cloud communications experience for the strategic expansion of its BroadCloud PBX service to the UK.
What RSM did
'RSM’s assistance was invaluable in getting this deal done. They were able to facilitate a smooth process for the shareholders, dealing with issues as they arose by drawing on their sector knowledge and experience.'
Allan Murdoch, Exiting Chairman, Hosted IP Communications (Europe) Limited
Ian Wherry, Partner, T: +44 (0) 7770 928816
Sukhi Johal, Director, T: +44 (0) 7879 202708
James McMillan, Associate, T: +44 (0) 7976 191673