Osborne Clarke advises TelcoSwitch on equity investment
Osborne Clarke have advised the shareholders of TelcoSwitch on a private equity investment by Queen’s Park Equity (QPE) to further the company’s growth.
The deal, which is QPE’s eighth partnership investment, will allow the unified communications and compliance provider to expand its marketing and advertising campaigns, which the company hope will increase their daily users from 140,000 to 400,000 by 2024.
It follows a series of acquisitions by TelcoSwitch over the last 18 months, including OneVoice, PBX Hosting and SureVoIP.
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The Osborne Clarke team advising was led by Reading-based partner Mike Freer (pictured above) and included senior associate Leanne Wright, associate Ben Parker, associate Matthew Grice and associate Jack Harris. The team advises a wide range of businesses, from global brands to start-ups and market challengers, on every stage of company development.
Russell Lux, TelcoSwitch's CEO , said: "Mike and the Corporate team at Osborne Clarke were meticulous in carefully handling the complex points that mattered. Throughout the process they consistently demonstrated both trustworthy and thorough counsel, which provided a tremendous source of comfort and enabled us to remain informed and in control at every turn."
