Choate advised Calero on the deal
Calero Software, LLC has acquired A&B Groep. A&B Groep is a leading provider of Telecom Expense Management (TEM) solutions throughout the EMEA region and is headquartered in the Netherlands. The acquisition was completed on January 1, 2018. Financial terms were not disclosed.
Since its founding in 1999, A&B Groep has combined its significant local expertise, independent and objective analysis and its global reach to enable clients to more effectively manage their increasingly complex telecommunications spend. A&B Groep’s GTEM Solutions include a robust mobility management platform that spans across devices, users, applications, documents and expenses. Additionally, across wireline, wireless and data networks, GTEM Solutions provide valuable financial and usage reporting to its end-users.
Calero’s software and managed service solutions deliver sustainable value within large enterprises, universities and government agencies by enabling clients to more efficiently and more effectively manage the myriad of cloud and communications services, devices, contracts, invoices and spending across their operations. Today, Calero manages more than $6 billion of annual telecom, mobility and cloud spend for over 3,000 customers operating in more than 40 countries globally. Calero also provides managed mobility services for more than 500,000 mobile devices.
Choate advised with a team including T.J. Murphy (Picture), Tim Becker (tax), John Ventola (finance), David Katz (private equity), Rachel Connors (finance), David Gusella (private equity), Kelly Donnelly (private equity), and Melissa Gaied (finance).
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