Written by Amy Ralls | Nov 4, 2022 4:00:00 AM
BRUSSELS, BELGIUM - October 25, 2022 -
Dstny, a European leader in business communications, announced the acquisition of
easybell, a cloud communication challenger in Germany that provides Cloud PBX and VoIP telephony to B2B customers. With their fully digital approach and a well distributed network of 2,000 partners, they are both fast-growing and highly competitive in the German market. “With easybell onboard, we are not only adding Germany as a country, one of the most exciting markets in Europe. We are also adding exceptional people and talents to our group. easybell is years ahead with their digital mindset and their ability to sell products online,” says Daan De Wever, CEO of Dstny Group. easybell stands out as an innovative and highly experienced operator of telecommunication services with a modern sales and marketing approach. The powerful combination of partner and online sales has led to a strong B2B growth. With € 28M in sales, 75 employees and fully automated processes, they are well positioned to lead the Dstny operations in Germany. “Dstny and easybell share the same pan-European vision, and by joining Dstny, we can speed up our internationalization process significantly. We also get access to a product portfolio, which is positioning us as an innovation leader in our home markets today and tomorrow,” says Dr. Andreas Bahr, CEO of easybell. “The previous shareholders have been looking for strategic partners to accelerate the impressive growth of easybell even further,” says Markus Hendrich, CEO of ecotel communication ag, the former majority shareholder of easybell. “From what I have learned during the process, Dstny will help easybell break into other European markets even faster, while Dstny will get presence in Germany. ecotel will remain a supplier to easybell in the long run, making the transaction beneficial for all parties involve.
Q Advisors, a leading global TMT investment banking boutique, acted as the exclusive financial advisor to Dstny in connection with this transaction.