Evolve IP has been acquired by ATSG
Arrowpoint Advisory has advised the shareholders of Evolve IP, a leading provider of UCaaS, CCaaS and DaaS solutions in the US and Europe, on its sale to leading global managed services provider, ATSG.
Evolve IP is a leading provider of essential cloud-based communications and desktop-as-a-service solutions supporting distributed workforces. Designed from the beginning to provide organisations with a unified option for cloud services, Evolve IP enables decision-makers to migrate all or select IT technologies to its award-winning cloud platform. Evolve IP’s combination of security, stability, scalability, and lower total cost of ownership is fundamentally superior to outdated legacy systems and other cloud offerings. Today the company’s services include unified communications, contact center, and virtual desktops.
ATSG is a global technology leader specializing in cloud, IT managed services, managed network services, cybersecurity, desktop-as-a-service, unified communications, and contact center solutions. With over $230 million in revenue, they support 950,000 users across 1,700 global clients, tackling complex and interconnected technology challenges.
The combination will unite ATSG’s infrastructure-centric managed services with Evolve IP's cloud communications-centric managed services, enabling the combined business to deliver a greater suite of end-to-end services to its customer base. In addition, it will centralise talent from both companies, amassing a leadership team with a shared vision and a strong track record.
Russ Reeder, CEO of ATSG, who also becomes CEO of the combined company, said: “Evolve IP offers an innovative, market-leading suite of desktop-as-a-service, cloud communications and contact centre solutions. Combined with ATSG’s infrastructure-centric managed services, we will strengthen our collective position in the market and provide better outcomes for our combined base of customers.”
“By combining with Evolve IP, not only are we combining our collective expertise, culture and services, we’re also positioning ATSG to emerge as one of the largest privately owned managed services platforms, with an ability to drive value for all of our stakeholders.”
Jeff Coursen, CEO of Evolve IP, commented: “This aggregation of our talent, tools and resources is a testament to our commitment to pioneering the industry and will enable us to offer maximum value for our customers. We are looking forward to leveraging ATSG’s rich platform of intellectual property and suite of services capabilities to deliver an increasingly end-to-end solution for our customers and partners of Evolve IP.”
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