News

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

Sonus MPS Assets Acquired by Sunhillo

Bowen Advisors Serves as Asset Divestiture Advisor to Sonus 

BOSTON, July 1, 2014 – Bowen Advisors, Inc., a Boston-based technology mergers & acquisitions firm, is pleased to announce that Sonus Networks (Nasdaq: SONS), a global leader in IP-based communications and networking solutions, has divested its Multi-Protocol Server (MPS) division to Sunhillo Corporation, a preferred vendor of air traffic control, surveillance and data communications products for the FAA, DOD and defense industry. Bowen Advisors provided M&A advisory services to Sonus Networks.

The transaction is a prime example of Bowen Advisors’ Asset Divestiture services, focused on … Read More

SeaWell Networks Acquired by ARRIS

Bowen Advisors Serves as M&A Advisor to SeaWell

BOSTON, April 22, 2014 – Bowen Advisors, Inc., a Boston-based technology mergers & acquisitions firm, is pleased to announce that SeaWell Networks, a leading provider of multiscreen and targeted advertising platform software, has been acquired by ARRIS (Nasdaq: ARRS). Bowen Advisors provided sellside M&A advisory services to SeaWell.

The acquisition unites SeaWell’s multiscreen, adaptive bit rate (ABR), and advertising software with ARRIS’ Networking and Cloud business. “This combination will provide the next-gen TV solutions service providers need to successfully deliver multiscreen services, personalized TV and targeted advertising,” … Read More

By |April 22nd, 2014|News|0 Comments

Ntirety Acquired by HOSTING

Bowen Advisors Serves as M&A Advisor to Ntirety

BOSTON, March 25, 2014 – Bowen Advisors, Inc., a Boston-based technology mergers & acquisitions firm, is pleased to announce that Ntirety, Inc., a leading managed service provider delivering remote database administration and data management services to enterprise customers, has been acquired by HOSTING. Bowen Advisors provided sellside M&A advisory services to Ntirety.

The acquisition unites HOSTING’s managed cloud hosting and professional services platforms with Ntirety’s Oracle, SQL Server and MySQL remote and on-premise data services. According to HOSTING CEO Art Zeile, “The Ntirety acquisition further enables … Read More

By |March 25th, 2014|News|Comments Off on Ntirety Acquired by HOSTING

PT Acquired by Sonus

Bowen Advisors Serves as M&A Advisor to PT

BOSTON, March 11, 2014 – Bowen Advisors is pleased to announce that Performance Technologies (Nasdaq: PTIX) (“PT”), a provider of Diameter and SS7 signaling solutions for wireline and wireless service providers, has been acquired by Sonus Networks (Nasdaq: SONS), a global leader in SIP communications. Bowen Advisors provided sellside M&A advisory services to PT.

Founded in 1981 and headquartered in Rochester, New York, PT’s Diameter and SS7 signaling systems provide tightly integrated signaling and advanced routing capabilities and applications that span the mission … Read More

By |March 10th, 2014|News|Comments Off on PT Acquired by Sonus

Telepo Acquired by Aastra

Bowen Advisors Serves as M&A Advisor to Telepo

BOSTON, January 21, 2014 – Bowen Advisors is pleased to announce that Telepo Ltd., a leading provider of cloud-based, multi-tenant unified communications (UC) solutions, has been acquired by Aastra Technologies Limited (TSX: AAH). Bowen Advisors provided sellside M&A advisory services to Telepo.

As was publicly announced on November 11, 2013, Mitel Networks Corporation (NasdaqGS: MITL), is in the process of acquiring Aastra. Mitel has provided its consent to Aastra for the Telepo acquisition in accordance with the pending merger agreement between the two … Read More

By |January 21st, 2014|News|0 Comments

Imagine Communications Acquired by Harris Broadcast

Bowen Advisors Serves as M&A Advisor to Imagine

BOSTON, January 16, 2014 – Bowen Advisors, Inc., a Boston-based mergers & acquisitions and strategic advisory firm focused on growth technology companies, is pleased to announce that Imagine Communications, a leading innovator in digital video solutions that deliver bandwidth-efficient services with optimum video quality, has been acquired by Harris Broadcast. Bowen Advisors provided sellside M&A advisory services to Imagine.

According to Harris Broadcast, “The advanced Adaptive Bit Rate (ABR) technology created by Imagine combines quality, density and a small footprint to greatly leapfrog … Read More

By |January 16th, 2014|News|0 Comments

BroadSoft Increases its Investment in the German Market with the Acquisition of finocom

German cloud service provider will expand BroadSoft’s ability to capitalize on the enterprise transition to cloud-based unified communications services

Key Takeaways:

Transaction enables BroadSoft to accelerate the availability of its BroadCloud unified communications services in the German market.
Acquisition is expected to add approximately $2.5 million in revenue in 2014 and to be slightly dilutive on earnings on a non-GAAP basis.
Total consideration for the acquisition is approximately $9 million in cash.

GAITHERSBURG, Md., December 17, 2013 – BroadSoft, Inc. (NASDAQ: BSFT) today announced it is further extending its BroadCloud® unified communications (UC) services in … Read More

By |January 14th, 2014|News|0 Comments

Sonus Networks Announces Definitive Agreement to Acquire Performance Technologies

Acquisition Expected to Fortify Sonus Mobility and Virtualization Strategies and Expand Sonus Addressable Market by 50%

Sonus Confirms Fourth Quarter and Full Year 2013 Guidance

For Immediate Release: December 13, 2013

Key Takeaways:

Transaction is expected to be accretive to non-GAAP EPS for full year 2015; mildly dilutive (two cents or less) in 2014.
Planned acquisition would accelerate Sonus’ mobility strategy by adding Diameter Signaling capabilities required in all-IP, IMS 4G/LTE (Long Term Evolution) networks.
Diameter market, which is in its infancy, is rapidly expanding and projected to grow by an average of 42% per … Read More

By |December 13th, 2013|News|0 Comments

Robert Fleming Joins Bowen Advisors

Expansion into Digital Health and Clean Tech in the Southeast US

BOSTON, October 9, 2013 – Bowen Advisors, Inc., a Boston-based mergers & acquisitions and strategic advisory firm focused on growth technology companies, has announced that former venture capitalist, Bob Fleming, has joined the firm as a Senior Advisor and will cover emerging technology companies in the Southeast US.

“Bob has more than 25 years of experience as a proven entrepreneur and fundraiser, founding Prism Venture Partners, which raised over $1 billion across 5 funds. He brings to our team extensive experience and … Read More

By |October 9th, 2013|News|0 Comments

Livewire Mobile Acquired by OnMobile

Bowen Advisors Serves as M&A Advisor to Livewire

BOSTON, July 24, 2013 – Bowen Advisors, Inc., a boutique mergers and acquisitions investment bank focused on growth technology companies, is pleased to announce that OnMobile Global Limited, a global telecom value-added services (VAS) provider, has acquired Livewire Mobile, a leading provider of end-to-end managed mobile entertainment solutions for network operators and consumer device manufacturers. Bowen Advisors provided sellside M&A advisory services to Livewire, establishing early success in the firm’s commitment to providing investment banking services to the Digital Media sector.

Boston-headquartered Livewire … Read More

By |July 24th, 2013|News|Comments Off on Livewire Mobile Acquired by OnMobile

SilverSky Acquires StillSecure’s Managed Security Services Business

Bowen Advisors Serves as M&A Advisor to SilverSky

BOSTON, June 18, 2013 – Bowen Advisors, Inc., a Boston-based mergers and acquisitions and strategic advisory firm focused on emerging and established technology companies, is pleased to announce that SilverSky has acquired the Managed Security Services business of StillSecure, a Colorado-based managed security services and certified compliance provider. Bowen Advisors provided buyside M&A advisory services to SilverSky.

With this acquisition, SilverSky, the expert provider of cloud security solutions, gains significant recurring revenue, new channel partners, and additional product capabilities, including a new Log … Read More

By |June 18th, 2013|News|Comments Off on SilverSky Acquires StillSecure’s Managed Security Services Business