Gamma Announces Intention to Acquire STARFACE Group from Maxburg, Strengthening Leadership in Europe’s Cloud Communications Market

Gamma Communications plc (“Gamma”), a leading provider of technology-based communication services across Europe, is pleased to announce its intention to acquire STARFACE Group GmbH (“STARFACE”), a prominent provider of IP telephony and cloud PBX solutions in Germany, from Maxburg, a leading private equity fund focussing on founder-led technology companies in the German speaking region. The acquisition is subject to regulatory approval. Gamma has an ambition to be the leading challenger to the incumbent telecommunication providers in the German cloud communication market, transforming the SME communications landscape with innovative, agile, and customer-focused solutions.

The acquisition positions Gamma as a market leader, becoming one of the top providers of cloud seats in Germany and accelerating cloud adoption in a market with significantly lower cloud penetration than the UK. Gamma’s portfolio now offers full coverage of the German SME market, supported by a strengthened ecosystem of the STARFACE Group’s extensive partner network, which also covers Austria and Switzerland.

Andrew Belshaw, CEO of Gamma, said: “This acquisition marks a significant milestone for Gamma as we further strengthen our position in Europe’s cloud communications market. By combining STARFACE’s strong partner ecosystem and technical expertise with Gamma’s established connectivity capabilities, we’re delivering unmatched value to our customers and partners. Together, we’re not only strengthening our position in the German market but also shaping the future of business communications for SMEs across Europe.”

Gerben Wijbenga, CEO of Central and Northern Europe at Gamma, continued: “This is significant for Gamma as we expand our presence in Europe’s largest market. The acquisition of STARFACE provides us with a fantastic opportunity to combine our strengths, deliver innovative communication solutions, and disrupt the traditional telecoms space in the DACH region. We’re excited about the potential this partnership brings for our customers, partners, and teams.”

Florian Buzin, CEO of STARFACE added: “We are thrilled to join forces with Gamma, a company that shares our vision of empowering SMEs with cutting-edge communication solutions. This partnership builds on STARFACE’s legacy of innovation and channel excellence while unlocking new opportunities for growth and collaboration. Together, we are in an excellent position to lead the next chapter of cloud communications in Germany and beyond.”

Moritz Greve, Partner at Maxburg, stated: “We are very excited to see our successful partnership with Florian and the STARFACE management team conclude with a transaction with Gamma. The team did a great job turning STARFACE into one of the DACH region’s leading cloud communications providers while quadrupling profitability and we wish both teams continued success in becoming the leading competitive communications solutions provider in Germany. Gamma is the perfect fit, bringing shared values and a vision that ensures a great future for the group, its employees, and its partners.”

Gamma’s acquisition of STARFACE further expands its comprehensive UCaaS portfolio, offering SMEs tailored communications solutions with enhanced reliability, scalability, and built-in disaster recovery. As part of its existing portfolio, Gamma already provides direct-digital zero-touch sales channels and a strong partner network. STARFACE’s robust partner ecosystem will further complement and strengthen Gamma’s channel capabilities, ensuring greater flexibility and accessibility for businesses across Germany. Together, Gamma and STARFACE deliver unmatched agility and innovation, empowering SMEs to scale and succeed.

The move supports Gamma’s ambition to disrupt the German market incumbents, drive cloud adoption, and deliver future-proof innovation through its enhanced portfolio. Gamma and STARFACE are now poised to lead the way in reshaping Germany’s SME communications landscape. Further communications will follow, post regulatory approval.

Q Advisors, a global TMT investment banking boutique, acted as exclusive financial advisor to STARFACE and its stockholders in connection with this transaction.

About Gamma

Gamma is a leading provider of technology-based communication services across Europe. Gamma is admitted to trading on AIM and employs approximately 2,000 people. Offering a range of Unified Communications, mobile, security and connectivity services, Gamma provides robust and secure end-to-end business communication solutions, enabling organisations to communicate, collaborate and offer a better customer experience.

Gamma’s vision is for a better-connected world in which it can work smarter for the benefit of business, people, and the planet. Its primary market is the UK, where it delivers network-based services to SME, Public Sector, and Enterprise markets through its extensive network of trusted channel partners and direct sales and support capabilities. Expanding its presence in Europe, Gamma is continuing to grow its group of businesses focused on digital transformation by delivering services to customers via a network of channel partners in Germany, Spain, and the Benelux region.

For more information about Gamma and its comprehensive range of products and services, please visit gammagroup.co.

About STARFACE Group

The STARFACE Group unites highly specialised and successful telecommunication companies, combining their expertise, vision, and skills to revolutionise business communications. The group includes STARFACE GmbH, estos GmbH, and vio:networks GmbH, working together to make communication for organisations of all sizes better, faster, more efficient, and more user-friendly. They develop innovative products and solutions that operate seamlessly across all major devices and operating systems, enabling true unified communications. Headquartered in Karlsruhe, South West Germany, the business has additional offices in Munich and Starnberg and employs around 260 people.

For more information about STARFACE please visit starface.group.

About Maxburg

Maxburg is a Munich based private equity fund with capital commitments of more than €1bn. Maxburg supports and invests in exceptional DACH region businesses built and led by strong founders mostly focusing on software and IT, services and consumable products (B2B and B2C). STARFACE is Maxburg’ s fourth exit in the software space after having successfully invested in Maltego, KGS and Tenado.

For more information about Maxburg please visit maxburg.com/en/.