Soluno was announced to be recognised as one of the top 20 leaders in growth and industry innovation by Frost & Sullivan in the 2020 UCaaS Frost Radar™ report. The two companies becoming one, was a more than logical choice. The acquisition gives Dstny an instantly strong position in Sweden and also leads to globalisation for Soluno. Since Soluno was also using Telepo’s platform, there will be no technological changes for their employees and clients. The power coalition will invest in the growth and innovation of their platform and own IP services.
Patrik Sörqvist, CEO of Soluno: “Soluno has constantly generated strong organic growth by providing our channels and end customers with innovation that enables easy to use and future proof business communications - today. By joining the Dstny family, our European vision is already a reality and we will together transform of the European UCaaS market.”
The combined Destiny group will comprise of more than 600 employees in 6 countries (Belgium, Netherlands, France, Sweden, Germany and UK), and is expected to generate a turnover of €170m in 2021. Q Advisors, a leading global TMT investment banking boutique, acted as the exclusive financial advisor to Destiny in connection with this transaction.
“We welcome every new colleague to the Dstny family. Our combined power will change the European UCaaS market forever. Dstny has a track record of company integration that emphasizes on future growth, not short-term restructuring. In the coming period, we willdevelop a vision of how our combined roadmap of products and services will support our existing clients as well as winning new client across Europe”, Daan De Wever concludes.