Service       
Sell-side

Industry     
Telecommunication

Deal value
Undisclosed

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Advised the founders of Firmafon in the sale to TDC Group

Firmafon is a Danish provider of efficient cloud-based communication solutions to small and medium-sized enterprises to improve customer experience. Firmafon’s unique business model and superior software platform have been validated in the market. They provide communication solutions to c. 4,000 SMEs in Denmark and offers a full-scale cloud-based platform developed in-house with solutions for smart and efficient corporate mobile telephony, virtual PBX and chat

TDC is the largest provider of telecommunication services in Denmark with more than DKK 17bn in annual sales and 7,000 employees. TDC is headquartered in Copenhagen, Denmark

With the acquisition of Firmafon, TDC will strengthen its portfolio of online brands including Telmore, Fullrate, Hiper and Blockbuster, while Firmafon will have a long-term owner that can support the company in its continued development. Upon completion, Firmafon will continue as an independent brand in TDC’s portfolio of online brands

 

*Completed by the HCN Partners team when employed at Handelsbanken