Transaction Trifecta: Bowen's 3rd DZS Deal in 2024
Cloud & CX
Boston, November 14, 2024 – Bowen is pleased to announce that DZS (OTC: DZSI), a global leader of Networking, Connectivity and Cloud Edge software solutions, has divested its Service Assurance and WiFi Management software portfolio to AXON Networks. Bowen acted as the exclusive M&A advisor to DZS.
“We are honored to have advised DZS on our 3rd transaction together in calendar year 2024,” said Paul Bowen, Founder and CEO of Bowen. “This deal not only deepens our longstanding partnership with DZS, but also creates substantial value for both parties—supporting Axon’s expansion of its Network-as-a-Service portfolio while enabling DZS to execute on its strong heritage of exceptional service provider focus. The alignment of strategic objectives between both companies makes this a highly complementary transaction.”
The sale also represents Bowen’s 3rd corporate divestiture in 2024, building upon its expertise in delivering steadfast strategic advisory services to publicly traded companies.
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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.
