Enghouse Systems Limited Acquires CTI Group (Holdings) Inc.

December 8, 2015

Enghouse Systems Limited has completed the acquisition of CTI Group (Holdings) Inc. for U$0.61 per share, representing a 76% premium to the prior closing price. CTI, an Indianapolis-headquartered provider of carrier-grade analytics, call recording and enterprise communications management software, will complement Enghouse's telecommunications operator solutions; Cherry Tree acted as advisor to CTI's board.

Buyers
Enghouse Systems Limited
Targets
CTI Group (Holdings) Inc.
Location
Indiana, United States
Transaction Type
Buyout

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