Alantra advises Alianza on the acquisition of CounterPath Corporation

Feb 2021

Buy-side advisory

Boston – Alantra, a leading global investment bank and asset management firm, is pleased to announce it has advised Alianza, a high-growth cloud communications SaaS provider, on the acquisition of CounterPath Corporation (TSE: PATH). The transaction closed on February 28, 2021.

Alianza is a cloud-native, proprietary software platform that enables service providers to deliver modern, scalable, and secure communications to end customers. CounterPath provides video and mobile collaboration technology to service providers, creating significant cross-sell and up-sell opportunities for Alianza.

“Alianza and CounterPath share a common purpose to connect people and businesses via a rich communications experience and Alantra has been an invaluable partner in helping us to execute on this vision,” said Brian Beutler, Chief Executive Officer of Alianza. “We look forward to continuing to work alongside Alantra to pursue strategic acquisitions that complement our aggressive organic growth plans.”

The acquisition further cements Alianza as one of the leading, independent Cloud Communications companies in North America and creates additional opportunity to pursue future M&A. As a result of this transaction, CounterPath has been delisted from the Toronto Stock Exchange and taken private.