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ENREACH ENHANCES SPANISH FOOTPRINT AND EUROPEAN MVNO PRESENCE WITH ACQUISITION

12 Jan 2022

Almere / Barcelona / Zaragoza, 12 January 2022 Enreach, the fast-growing European contact leader backed by the independent investment group, Waterland Private Equity (“Waterland”), has further increased its presence in Spain with the addition of business cloud telephony provider Telsome. After the successful acquisition of masvoz (November 2019), one of the leading CCaaS focused cloud communications providers in Spain, the acquisition of Telsome enhances Enreach’s Spanish footprint with new MVNO capabilities and a successful SME channel. This will enable Enreach to accelerate the rollout of its converged contact portfolio into the Spanish market in 2022 including its leading integrated mobile solutions, all delivered by the group’s unified platform.

Founded in 2004, Telsome is a SME focused cloud communication provider that delivers managed and unified fixed, mobile and PBX solutions. Its services are used by over 850 companies adding up to over 6,000 Cloud PBX seats. The company can now also give businesses access to the wide range of converged contact solutions Enreach is offering across Europe, including UCaaS, CCaaS, Productivity services and other additional services like conversational AI and marketing automation to help them accelerate in their digital transformation journey.

Broad portfolio access

Stijn Nijhuis, CEO of Enreach: "The addition of Telsome to Enreach was the next logical step for us in Spain after the acquisition of masvoz in 2019. Telsome’s cloud-focused approach, combined with its dedicated focus on SME businesses and complementary MVNO coverage, will enable us to help a broad range of customers evolve in a challenging new year with new propositions delivered from our unified group platform. We are very proud to welcome Telsome to the group.”

Erik Kjorstad, CEO of the company, will join the management team of masvoz and together drive new growth initiatives in the region. Mr. Kjorstad said: "We are convinced that becoming part of Enreach will help more Spanish businesses in need of better efficiencies, improved remote working and stronger customer retention. Telsome’s customers will immediately benefit from access to a broader portfolio, facilitating their future growth. This will provide great opportunities for all our customers so we’re very pleased to become part of Enreach.”

Enreach was formed in 2018 with the support of independent investment group, Waterland Private Equity, from the combination of Swyx (rebranded to Enreach DE) with Voiceworks from the Netherlands and France-based Centile Telecom Applications (rebranded to Enreach for Service Providers). Since then, the group has successfully combined a dynamic buy-and-build strategy with organic growth across Europe and the introduction of further value-add solutions to its product portfolio. The growth strategy of Enreach continues to be supported by Waterland Private Equity, that also recently opened an office in Barcelona, Spain.

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About Telsome

Founded in 2004, Telsome is a Spanish B2B cloud telephony provider. The company has more than 15 years of experience in business communication services to small and medium size companies and offers a wide suite of value-added services. Based in Zaragoza, Telsome is a Spanish MVNO and provides Cloud PBX, SIP Trunk and integrated mobile services with a team of 8 employees servicing more than 850 companies. For more information about Telsome visit www.telsome.es

About Masvoz

Masvoz, part of Enreach, is based in Barcelona (Spain) and the number one Spanish B2B telco specialised in smart cloud telephony. The company has more than 15 years of experience in business communication services and offers a wide suite of value-added services. Founded in 2002, masvoz has a strong focus on cloud communications and with a team of 70 employees servicing more than 1,500 enterprises in Spain and Europe. With their proprietary communications platform they support more than 500,000 calls on a daily basis. For more information about masvoz visit www.masvoz.net

About Enreach

Enreach is a European UCaaS and CCaaS leader with a strong presence in the United Kingdom, the Netherlands, Germany, Spain, Denmark, Finland and the Baltic States. Enreach provides collaboration technology and telecom services through its resellers, service provider partners and direct channels. All operations contribute to intelligent, integrated IT and communication solutions that ensure optimal communication and workflow between organizations. Enreach's mission is to give companies access to the best communication and collaboration tools with a simple, user-centric interface built around their specific needs and systems. The group's products place powerful functions within reach of all companies, regardless of industry or size, so their employees can focus on getting great things done. Enreach operates in over 25 countries and has over 1,100 employees working in 24 different European offices. For more information visit: www.enreach.com

About Waterland

Waterland is an independent private equity investment group that supports businesses in realizing their growth ambitions. With substantial financial resources and industry expertise, Waterland enables its portfolio companies to achieve accelerated growth both organically and through acquisitions. Waterland has offices in the Netherlands (Bussum), Belgium (Antwerp), France (Paris), Germany (Hamburg and Munich), Poland (Warsaw), the UK (London and Manchester), Ireland (Dublin), Denmark (Copenhagen), Switzerland (Zurich) and Spain (Barcelona) and currently manages nine billion euros of investor commitments.