eZuce acquired by CoreDial
Deal Synopsis
The company was acquired by CoreDial, via its financial sponsor LLR Partners, through an LBO on September 1, 2020 for an undisclosed sum. This acquisition accelerates CoreDial's strategy to provide its partners with a robust enterprise-class video offering that satisfies the escalating demand for secure, scalable, and feature-rich collaboration services. See the Press Release.
Seller Details
Provider of open unified communication services designed to transform the way team communicates. The company's unified communications and collaboration (UCC) services improve communications between the employees, customers and partners, enabling businesses to collaborate with their terms and to be there at the right time at the right place with the right device.
Buyer Details
CoreDial is a provider of a flexible software platform intended to offer voice over Internet protocol services. The company's platform offers cloud-based software and services, enabling users to sell, deliver and manage private labeled cloud communication products and services including hosted PBX, VoIP and SIP trunking services.
LLR Partners is a private equity firm based in Philadelphia, Pennsylvania. The firm seeks to invest in companies operating in the business services, education, fintech, healthcare, industrial, security, HR technology, and software sectors.