SIP.US

• Industry Business Services, Technology
• Type M&A Sell-Side

About
SIP.US is a leading provider of on-demand, enterprise-class IP communications software solutions to businesses. The Company’s fully automated SIP trunking software solution enables quick and easy setup, flexibility and scalability, and a powerful self-service control panel, all supported by a Tier-1 redundant network to ensure the highest level of performance and reliability for its users.

Situation
Croft & Bender was engaged to help the Company evaluate strategic alternatives, including a majority recapitalization or strategic sale. Croft & Bender worked with the Company to build a financial model, develop marketing materials, conduct management presentations, manage the diligence process and negotiate with buyers.

Result
Croft & Bender successfully negotiated a sale to BCM One, a portfolio company of Thompson Street Capital Partners.