Thompson Street Capital Partners Platform Bcm One Acquires Pure Ip; Ninth Add-On Acquisition
Jun 28, 2023•over 2 years ago
Acquiring Company
BCM One
Acquired Company
IP
Professional ServicesGovernment And MilitaryInformation Technology
Description
Thompson Street Capital Partners (TSCP), a private equity firm based in St. Louis, announced today its portfolio company BCM One has acquired Pure IP, a global provider of cloud-based voice services via Microsoft Teams, Cisco, Webex and Zoom. Pure IP, headquartered in London with additional operations in New Zealand and the United States, offers fully compliant PSTN replacement services in 47 countries and number availability in 137 countries. Acuity Advisors, a leading European independent M&A advisor to the mid-market technology sector, and Q Advisors, a global TMT investment banking boutique, acted as co-financial advisors to Pure IP. Terms of the transaction were not disclosed.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed