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.
- Industry
- Telecommunications
- Location
- Indiana, United States
- Transaction Type
- Buyout
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