IBI/BBVA - Altitude Software AS

Altitude Software AS is a leader of unified customer interaction solutions, managing dynamic contact centers independently of platforms since 1993. Corum Group assisted Altitude Software in the sale of a majority stake to two European investors, the private equity fund IBI and the global financial services group BBVA.

The new shareholders are committed to help further develop Altitude’s solutions portfolio and to accelerate sales and marketing activities worldwide in order to fuel the continued market growth of their solutions.

 

"Corum ran an accelerated M&A process within a very compressed timeline, generating interest from North America and in Europe from a multitude of potential buyers, and culminating with a successful sale."
- Rui Domingos, 
Olmea
Seller:
Altitude Software
Portugal
Buyer:
BBVA/IBI
Spain
Closed:
February 2011

quotesWhen we first went to market, Corum, with their experience and offices all over the world, spent time with us going through who the potential partners could be. And, frankly they were everywhere. The tech headlines can just as easily be out of England, Germany, France, Finland, Korea, China or North America. Some of the biggest and fastest growing firms in the tech world are not in the U.S. so we felt it imperative to do a truly global buyer search. We’re glad we did. quotes

Steve Peltier
Nefsis