News

ADVA Acquires Overture Networks

Bowen Advisors Serves as M&A Advisor to Overture

BOSTON, January 26, 2016 – Bowen Advisors is pleased to announce that Overture Networks, provider of the award-winning Ensemble suite of control and orchestration solutions for virtual network systems and headquartered in Research Triangle Park, NC, has been acquired by Munich-based ADVA Optical Networking (Xetra: ADV). Bowen Advisors acted as the exclusive sellside M&A advisor to Overture.

Click here for ADVA’s press release.

“When we first started working with Bowen Advisors in the spring of 2014, very few people outside of Overture knew about our cloud, virtualization, and software driven … Read More

By |January 26th, 2016|News|0 Comments

Descartes Acquires Oz Development to Strengthen eCommerce Fulfillment Capabilities

Bowen Advisors Serves as M&A Advisor to Oz

BOSTON, December 1, 2015 – Bowen Advisors is pleased to announce that Oz Development, Inc. (Oz), a leading provider of cloud-delivered application and data integration solutions for SMBs, has been acquired by Descartes Systems Group (Nasdaq: DSGX; TSX: DSG). Bowen Advisors acted as the exclusive sellside M&A advisor to Oz.

For over 10 years, Oz has been helping a growing SMB community connect to, and integrate with, leading ERP, CRM, eCommerce and supply chain platforms. Oz’s strong relationships with key SMB channel partners, such as UPS and … Read More

By |December 1st, 2015|News|0 Comments

BroadSoft Acquires PBXL

Bowen Advisors Serves as M&A Advisor to BroadSoft

BOSTON, November 19, 2015 – Bowen Advisors is pleased to announce that BroadSoft, the leading provider of cloud software and services that enable mobile, fixed-line and cable service providers to offer Unified Communications over their IP networks, has acquired Tokyo-headquartered PBXL, a provider of innovative cloud-based communication solutions.

The purchase of PBXL enables BroadSoft to expand its BroadCloud footprint and meet growing business demand in Japan. By leveraging BroadSoft’s and PBXL’s expertise delivering hosted UC services, service providers will be able to target an underserved Japanese market … Read More

By |November 19th, 2015|News|0 Comments

Evolving Systems Acquires Sixth Sense Media for Mobile Marketing Leadership

Bowen Advisors Serves as M&A Advisor to Sixth Sense Media

BOSTON, October 6, 2015 – Bowen Advisors is pleased to announce that Sixth Sense Media, a leading provider of real-time mobile marketing and analytics software headquartered in Durham, North Carolina, has been acquired by Evolving Systems (NasdaqCM: EVOL), a leader in activation, enablement and management of services for connected mobile devices worldwide. With a team led by Paul Johnson, Bowen Advisors acted as the sole financial advisor to Sixth Sense Media and principal shareholder Second Alpha Partners, a New York-based investor in growth … Read More

By |October 6th, 2015|News|0 Comments

Axial Exchange Acquired by IngagePatient

Bowen Advisors Serves as M&A Advisor to Axial Exchange

BOSTON, July 14, 2015 – Bowen Advisors is pleased to announce that Axial Exchange, an industry leading patient engagement (PE) and chronic care management (CCM) company, has been acquired by IngagePatient, a leading patient engagement platform that connects providers and patients at all points of care, improving health outcomes, satisfaction and practice efficiency.

Axial Exchange, headquartered in Raleigh, North Carolina, is focused on patient/provider communication, patient engagement, and effective care transition via their Axial Patient™ and Axial Provider™ software, which help health systems move toward new … Read More

BroadSoft Acquires mPortal

Bowen Advisors Serves as M&A Advisor to BroadSoft

BOSTON, June 10, 2015 – Bowen Advisors is pleased to announce that BroadSoft, the leading provider of software and services that enable mobile, fixed-line and cable service providers to offer Unified Communications over their IP networks, has acquired mPortal, a leading enabler of mobile user experiences. This is BroadSoft’s 13th acquisition with Bowen Advisors as its buyside M&A advisor.

mPortal, headquartered in McLean, VA and with a large team in Bangalore, India, designs and develops customer experiences across mobile, web and other connected devices. The … Read More

Cisco Acquires Tropo for Next-Gen Voice and Messaging APIs

Bowen Advisors Continues Leadership in TMT M&A Advisory

BOSTON, June 4, 2015 – Bowen Advisors is pleased to announce that Tropo, a leading API platform provider for real-time communications, has been acquired by Cisco (NasdaqGS: CSCO). Bowen Advisors acted as the sole financial advisor to Tropo and the transaction represents Bowen’s second sale to Cisco in the last twelve months.

Tropo’s industry leading communications platform for adding telephony and messaging to any application via its APIs makes real-time communications more accessible and productive. The Tropo team will join Cisco’s Collaboration Technology Group (CTG) … Read More

Brocade Acquires Leading Virtual EPC Provider Connectem

Bowen Advisors Continues Leadership in SDN and NFV M&A

BOSTON, April 1st, 2015 – Bowen Advisors is pleased to announce that Connectem, a leading LTE virtual Evolved Packet Core (vEPC) solution provider, has been acquired by Brocade (Nasdaq: BRCD). Bowen Advisors acted as the sole financial advisor to Connectem.

Connectem’s industry leading vEPC solution allows Brocade to extend its SDN and NFV solutions into the mobile world by enabling service providers and enterprises to offer ubiquitous connectivity between mobile and IoT devices, data centers, and public/private clouds. According to Ken Cheng, CTO and SVP of … Read More

By |March 31st, 2015|News|0 Comments

Tom Crews Joins Bowen Advisors

BOSTON, March 17, 2015 – Bowen Advisors, a Boston-based M&A and strategic advisory firm focused on emerging and established technology companies, today announced that it has hired Tom Crews as Senior Advisor. Tom will work out of the firm’s San Diego office.

“We are excited to have a banker of Tom’s caliber join our team,” said Paul Bowen, President and Founder of Bowen Advisors. “For the past 30 years, Tom has been intimately involved in the California tech industry as both a banker and CEO. As we continue to expand … Read More

By |March 17th, 2015|News|0 Comments

Bowen Advisors Serves as Financial Advisor to Ulticom on Sale to Mavenir

BOSTON, February 12, 2015 – Bowen Advisors is pleased to announce that it provided sellside M&A advisory services to Ulticom on its recent sale to Mavenir Systems. Ulticom is an industry leader in telecom signaling solutions and was a portfolio company of Platinum Equity. Mavenir is a leading provider of software-based networking solutions.

The acquisition enhances Mavenir’s product portfolio, adding Ulticom’s virtualized Diameter Signaling Controller (DSC), an increasingly important element in 4G LTE networks. Ulticom’s DSC is deployed in 10 Tier 1 carrier networks, including 2 of the world’s top 10 … Read More

By |February 12th, 2015|News|0 Comments

BroadSoft Acquires Leonid

Bowen Advisors Serves as Financial Advisor to BroadSoft
BOSTON, January 15, 2015 – Bowen Advisors is pleased to announce that BroadSoft, the leading provider of software and services that enable mobile, fixed-line and cable service providers to offer Unified Communications over their IP networks, has acquired Leonid Systems, a leading hosted VoIP OSS provider. This is BroadSoft’s 12th acquisition with Bowen Advisors as its buyside M&A advisor.

Leonid, a BroadSoft partner for several years, develops purpose-built web portals for BroadWorks service provider customers, simplifying configuration and enhancing service management. The transaction brings this capability in-house, … Read More

By |January 15th, 2015|News|0 Comments

Stonehenge Growth Equity Partners Leads Investment in Thrive

Bowen Advisors Serves as Financial Advisor to Thrive

BOSTON, November 4, 2014 – Bowen Advisors, Inc., a Boston-based technology investment bank, is pleased to announce that Thrive Frozen Nutrition, Inc., a leading provider of next-generation nutritional ice cream, has closed its Series B equity financing, led by Stonehenge Growth Equity Partners. Current Thrive investors Florida Opportunity Fund and venVelo also participated in the investment. With a team led by Bob Fleming, Bowen Advisors provided private placement advisory services to Thrive.

Over the past two years, Thrive has been distributed in nearly 1,000 senior living … Read More

By |November 4th, 2014|News|0 Comments

Bowen Advisors Continues Leadership in the Unified Communications as a Service (UCaaS) Market

Buyside and Sellside Transactions Reinforce Leadership as Key Advisor to the UC Ecosystem

BOSTON, August 20, 2014 – Bowen Advisors is pleased to announce that BroadSoft has acquired Systems Design & Development, Inc. (SDD), a provider of software and services to the largest and most prominent global hotels, resorts, convention facilities, and fractional ownership properties. The acquisition of SDD represents a vertical expansion by BroadSoft, as the hospitality industry aggressively seeks cloud-provided communications services to replace aging PBXs and align with corporate IT cloud migration strategies. Bowen Advisors provided buyside M&A advisory services to BroadSoft.

Bowen … Read More

By |August 20th, 2014|News|0 Comments

Cisco Acquires Leading NFV Solution Provider Tail-f

Bowen Advisors Serves as M&A Advisor to Tail-f 

BOSTON, July 9, 2014 – Bowen Advisors is pleased to announce that its client, Tail-f Systems, a leading provider of multi-vendor service orchestration solutions for virtualized and traditional networks, has been acquired by Cisco Systems (Nasdaq: CSCO) for approximately $175 million. With a team led by John Emery, Bowen Advisors acted as the sole financial advisor to Tail-f.

Tail-f’s industry leading NFV solution allows Cisco to accelerate its Cloud Virtualization strategy. According to Cisco’s SVP of Corporate Development, Hilton Romanski: “The acquisition of Tail-f’s network services configuration and … Read More