Alianza Acquires CounterPath

March 1, 2021

Alianza, Inc. has completed the acquisition of Vancouver-based CounterPath Corporation, a provider of softphones, cloud meetings and mobile UCaaS solutions, for US$3.49 per share (approximately US$25.6 million). CounterPath became a wholly owned, privately held subsidiary of Alianza and its common stock was suspended/delisted from public exchanges following the closing. The deal expands Alianza’s cloud communications platform with video conferencing, messaging and mobile collaboration capabilities.

Buyers
Alianza, Inc.
Targets
CounterPath Corporation
Sellers
CounterPath stockholders
Industry
Cloud & SaaS
Location
British Columbia, Canada
Transaction Type
Buyout

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