Benchmark International is pleased to announce the transaction between Droitwich-based FastSMS and London-based Esendex.
FastSMS is a web-based SMS text messaging system provider enabling organisations throughout the UK to send and receive text messages via web browsers, email or by integrating applications through its application programming interface (API).
Esendex is a provider of secure business SMS solutions, delivered via its online platform, email-to-SMS, or its API. The company has a global presence with offices in Nottingham, Barcelona and Melbourne which are served by a 140 strong team.
The acquisition is part of Esendex’s group strategy to grow through acquisition in Europe.
Commenting on working with Benchmark International, Richard Burt, former Technical Director at FastSMS, said: “I would like to thank Benchmark International for their constant support during the sale of our business. They took a lot of pressure off during the transaction and their professionalism, their depth of team and their obvious knowledge in our sector bred confidence in us moving forward with the project. Without Benchmark International, I don’t believe we would have achieved the right result.”
On behalf of everyone at Benchmark International, we would like to wish both parties every success for the future.
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Call Benchmark International today if you are interested in an exit or growth strategy or if you are interested in acquiring.
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Benchmark International’s global offices provide business owners in the middle market and lower middle market with creative, value-maximising solutions for growing and exiting their businesses. To date, Benchmark International has handled engagements in excess of $5B across 30 industries worldwide. With decades of global M&A experience, Benchmark International’s deal teams, working from 13 offices across the world, have assisted hundreds of owners with achieving their personal objectives and ensuring the continued growth of their businesses.