BroadSoft Acquires PBXL

Cloud & CX

Bowen Advisors Serves as M&A Advisor to BroadSoft

BOSTON, November 19, 2015 – Bowen Advisors is pleased to announce that BroadSoft, the leading provider of cloud software and services that enable mobile, fixed-line and cable service providers to offer Unified Communications over their IP networks, has acquired Tokyo-headquartered PBXL, a provider of innovative cloud-based communication solutions.

The purchase of PBXL enables BroadSoft to expand its BroadCloud footprint and meet growing business demand in Japan. By leveraging BroadSoft’s and PBXL’s expertise delivering hosted UC services, service providers will be able to target an underserved Japanese market of 5 million SMBs that cover over 70% of Japan’s workforce.

Bowen Advisors has advised BroadSoft on three buyside acquisitions in 2015 and a total of 14 acquisitions over the past decade.

Click here for BroadSoft’s press release.

ABOUT BOWEN

Bowen is a growth tech investment bank with an entrepreneurial edge. We provide M&A advisory, private capital and principal investment services. For two decades, our entrepreneurial focus, integrity and commitment to excellence have guided our strategic and client-centric advice. Our track record of exceptional transaction execution, deep industry knowledge and longstanding relationships set us apart.