Momentum Telecom Acquires Altus Technology

Momentum Telecom Acquires CloudNet Group

November 30, 2018

Telecommunications

Momentum Telecom acquired CloudNet Group, a Phoenix-based communications provider, to strengthen its cloud voice and unified communications market share and broaden its solution portfolio with offerings such as SD-WAN, contact center and vertical go-to-market capabilities. Terms were not disclosed; Bradley Arant Boult Cummings served as legal counsel to Momentum and LoHi Merchant Bank was CloudNet Group’s exclusive investment banker.

Momentum Telecom Acquires DCT Telecom Group

April 19, 2019

Telecommunications

Momentum Telecom, an Atlanta-based cloud communications provider, has agreed to acquire Cleveland-headquartered DCT Telecom Group, a provider of cloud voice and network solutions. The deal expands Momentum's geographic presence and enterprise customer base while adding complementary managed broadband, internet and cloud voice capabilities to its platform; terms were not disclosed.

Avanade Acquires Altius

March 9, 2020

Data & Analytics

Avanade has acquired London-based Altius, a provider of data performance management and AI solutions on the Microsoft platform, to strengthen its data, AI and managed services capabilities. Altius, which has offices in the Netherlands and India and employs 300+ cloud and data specialists, was a portfolio company of MML Capital Partners, which exited its investment. Financial terms were not disclosed.

Equisoft Acquires U.K. Pension and Investment Solutions Provider Altus

July 5, 2021

Financial Services

Equisoft, a Montreal-based digital solutions provider to the financial industry, has acquired U.K.-based Altus, a Bath-headquartered provider of investment and pension management products and services. The acquisition adds a first European location to Equisoft's operations, expands its pension and investment product portfolio and brings Altus' client base and expertise into Equisoft's global digital solutions offering.

TELEO Capital Acquires UMT360

March 11, 2019

Software

TELEO Capital Management completed the acquisition of UMT360, a Bellevue, Washington-based provider of Enterprise Project Portfolio Management (PPM) software and consulting services. TELEO said it will provide operational expertise and capital to scale UMT360’s software and services offerings and accelerate growth and market share; Cascadia Capital served as financial advisor to UMT360.

Linq Analytics Acquires Certain Assets of Altius, Inc.

January 18, 2022

Data & Analytics

Linq Analytics, a Texas-based provider of customer data management and analytics software, acquired certain assets of Altius, Inc., including the Flex suite of planning and Master Data Management (MDM) products. The deal adds FP&A and MDM capabilities to Linq’s account hierarchy and analytics offerings and includes the appointment of Noel Phillips as CTO to support product integration and client transitions.