As a private company, Mitel will have the flexibility and financial strength to further enhance its product and service offerings.
RICHMOND, Va. — April 26, 2018 — IPC, a National, Platinum Certified Mitel Partner, is excited to announce to its customers that Mitel has entered into a definitive agreement to be acquired by Searchlight Capital Partners. The transaction is expected to close in the second half of 2018. At that time, Mitel will become a privately held company, which is expected to provide the additional flexibility the company needs to accelerate its transition to a cloud-based Unified-Communications-as-a-Service (UCaaS) provider.
“Mitel has been moving aggressively to execute its move-to-the-cloud strategy, and going private will enable it to enhance its product and service offerings and become even more competitive in the dynamic UcaaS market,” said Jeff Andrews, Executive Vice President, IPC. “This will benefit IPC’s customers that have invested in Mitel’s technologies as well as those that are looking to migrate from legacy phone systems to state-of-the-art unified communications technology.”
IPC became a Mitel partner last year when Mitel acquired ShoreTel. IPC’s extensive expertise in UCaaS, combined with its national footprint and world-class service organization, has enabled it to provide customers with seamless support as Mitel continues to evolve.
“From IPC’s perspective, it’s business as usual,” Andrews said. “There are no expected changes to Mitel’s leadership team or technology roadmap,” Andrews said. “As a top-tier Mitel partner, IPC is ideally positioned to help customers maximize the value of their existing investments while capitalizing on the latest functionality. We will continue to guide our customers toward the right Mitel solution to meet their business needs, and provide expert design, implementation and support services.”