BV Investment Partners (BV), a middle-market private equity firm focused on the tech-enabled business services, software and IT services sectors, has invested in CallTower, a specialist in cloud-based enterprise-class communications, contact centre and collaboration solutions.
Founded in 2002, CallTower provides global enterprise cloud communications and collaboration solutions on several platforms including Microsoft Teams, Zoom, Cisco Webex, Five9, and serves over a million end points covering over 75 countries.
The investment, which is subject to customary closing conditions, is expected to close in Q4 2023.
BV was represented by Ropes & Gray LLP in the transaction, while CallTower was represented by Cooley LLP, and global TMT investment bank Q Advisors. AB Private Credit Investors and Boundary Street Capital are providing debt financing.
