Cavell Group provided Commercial and Technical Diligence support to Destiny in the acquisitions of Telepo (from Mitel) and Soluno. The latest acquisition of Telepo and Soluno creates a strong Nordic market presence and a platform capability that can help power Destiny’s continued growth.
Destiny is one of the market leading consolidators in the Cloud Communications market. Having built a strong position as a market leader in Benelux and French markets, the acquisition of Soluno provides a strong position, particularly in the Swedish market. The acquisition of Telepo from Mitel is also very interesting as Telepo brings to Destiny a scaled platform capability and indeed it was the Cloud Communications Platform used by both Soluno & Destiny and many other leading service providers.
Supporting Destiny in these deals reinforces this position as a leading provider of M&A support & Diligence. Cavell has seen unprecedented activity in the M&A space in the first 6 months of 2021 and believes we will see many more announcements from different companies in the upcoming weeks.
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Cavell Group is an EMEA focused Research, Consulting, Engineering and Education Services business with offices in Amsterdam, Brussels, and London as well as remote associates worldwide. Known as a leading provider of insight into the cloud communications and managed services markets, a key source of market intelligence for Service Providers, Vendors and potential investors, Cavell Group was formed nearly 20 years ago, by a team of Senior Executives, who had been instrumental in building the early internet market both at UUNET and Level 3. Since 2003 the firm has delivered Consulting Services, Research, Due Diligence and Professional Services solutions in over 50 countries around the world. Cavell have built a strong reputation as leading Analysts of the Cloud Communications market, providing Strategic Consulting and Research in EMEA and the USA to Service Providers, Vendors, Manufacturers and Private Equity firms.