TELEO CAPITAL PORTFOLIO COMPANY, SHARPENCX, ACQUIRES WEBTEXT
Boise, ID – (May 24, 2023) TELEO Capital Management, LLC (“TELEO”) announced the acquisition of Webtext Holdings Limited (“Webtext”), an omnichannel messaging software solution, by its existing portfolio company, Sharpen Technologies Inc. (“SharpenCX”). SharpenCX is an all-in-one unified contact center platform.
Bowen acted as the exclusive M&A advisor to Webtext.
About WebtextFounded in 2014, Webtext is a leading CPaaS for contact centers worldwide. Webtext’s Application Programming Interface (API)-driven solution allows contact centers to integrate inbound and outbound messaging into existing programs or applications. Webtext serves customers across many industries, with a focus on the financial services, insurance, and healthcare sectors.
For additional information, please visit www.webtext.com. About SharpenCXSharpenCX provides unified contact center software that empowers agents to deliver engaging customer experiences with an all-in-one, configurable platform. SharpenCX is shaking up the CCaaS/UCaaS space with its holistic next-gen, AI platform and agent-first approach.
For additional information, please visit sharpencx.com. About TELEO Capital ManagementTELEO Capital is a lower middle market private equity firm that looks to invest in opportunities where its strategic thought, operational resources and capital base empower management to perform and execute their business plan. TELEO brings a successful track record of executing corporate carve-outs, recapitalizing broken balance sheets, acquiring founder-owned companies, and implementing buy and build strategies for its portfolio companies. TELEO targets opportunities in the technology & software, healthcare IT, business services and industrial sectors. The firm is headquartered in Boise, ID with an additional office in Los Angeles, CA.
For additional information, please contact Matt Oehlmann at moehlmann@teleocapital.com or visit our website at www.teleocapital.com