Momentum, a global managed services provider, has completed its acquisition of Horizon Telecom, a Netherlands-based next-generation managed services provider. Financial terms of the deal were not disclosed.
This is technology M&A deal number 16 that ChannelE2E and MSSP Alert have covered so far in 2023. See more than 2,000 technology M&A deals for 2023, 2022, 2021, and 2020 listed here.
Momentum, founded in 2001, is based in Atlanta, Georgia. The company has 493 employees listed on LinkedIn. Momentum’s areas of expertise include business phone systems, hosted PBX, unified communications, broadband management, SIP trunking, mobility applications, contact center, virtual fax, collaboration , business voice, UCaaS, mobility, CRM integration, cloud voice, conferencing, SD-WAN, managed network, Microsoft Teams, network, fiber, analytics, voice, international network, and network aggregation.
Horizon Telecom, founded in 2014, is based in Ede, Germany. The company has 111 employees listed on LinkedIn. Horizon’s areas of specialties include communication and connectivity solutions, security and related professional services, carrier-neutral operations, global digital infrastructure orchestration, consistent service level agreements (SLAs), network operating center (NOC), global voice platform, and an advanced global control portal for clients.
About The Deal
The deal is part of Momentum’s strategy to enhance its global solutions and strengthen its position in the communications industry, according to the company.
The acquisition brings together Horizon Telecom's services with Momentum’s portfolio, enhancing offerings in enterprise voice, Microsoft Teams, SD-WAN, and managed network solutions. It extends Momentum's global voice offerings, providing PSTN replacement services in 72 countries and number availability in more than 150 countries, the company said.
This is Momentum's seventh acquisition as it extends its reach in the European market.
Horizon’s CEO Melvin Jellesma and CTO Bert Kamper will maintain leadership roles in the European division of the merged company, Momentum said. Horizon Telecom will continue to operate under its existing brand, the company said
Momentum Acquires Horizon Telecom: Executive Insight
Todd Zittrouer, CEO of Momentum, commented:
“This acquisition allows us to expand our global reach and enhance our service capabilities. We aim to meet the evolving needs of businesses globally with these new resources.”
Melvin Jellesma, CEO and Founder of Horizon Telecom, stated:
“Merging with Momentum will enhance our ability to serve customers globally. Our commitment to customer satisfaction continues, and we expect growth in Europe, driven by shared values and a focus on customer needs.”
Bert Kamper, CTO and Founder of Horizon Telecom, added:
“The collaboration with Momentum is a new chapter for Horizon Telecom, combining our global expertise and innovation. Our goal is to remain a key player in the global communications industry.”
