Mitel Networks Corporation
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Mitel Networks Corporation - overview
Established
1972
Location
-, ON, Canada
Primary Industry
Telecoms
About
Mitel Networks Corporation, based in Canada, specializes in unified communications and collaboration solutions, enhancing communication efficiency across diverse industries globally. Founded in 1972 and headquartered in Ottawa, Canada, Mitel Networks provides communication systems and services. Recently, the company underwent a PUBLIC TO PRIVATE transaction with a total funding of USD 2000. 00 mn, led by Searchlight Capital Partners.
Mitel has completed 4 deals in its history. Mitel provides unified communications and collaboration solutions designed to improve communication efficiency across sectors like healthcare, education, and finance. Its offerings include cloud, hybrid, and on-premises communication systems, integrating voice, messaging, video conferencing, and contact center solutions tailored to various industries. In the most recent year, 2017, Mitel reported a revenue of USD 1,059.
00 mn and an EBITDA of USD 127. 60 mn. The company generates revenue primarily through a subscription model for its services, including annual subscriptions for cloud services and licensing fees for on-premises solutions. Mitel is focusing on developing new products and expanding into new geographic markets.
The recent funding will support these initiatives, particularly targeting increased market penetration in North America and Europe. Additionally, the company plans to leverage its solutions to address the evolving communication needs of various sectors.
Current Investors
Francisco Partners, Searchlight Capital Partners
Primary Industry
Telecoms
Sub Industries
Public Relations & Communications, Telecoms Providers & Services
Website
www.mitel.com
Verticals
Cloud Computing, FinTech
Company Stage
Mature
Total Amount Raised
Subscriber access only
Mitel Networks Corporation - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Completed | TigerTMS Ltd | - | ||||||||
| Buyout | Completed | Mitel’s Clearspan Division | - | ||||||||
| Secondary Buyout | Completed | TigerTMS Ltd | - | ||||||||
| Public to Private, Secondary Buyout | Completed | Mitel Networks Corporation | - | ||||||||
| Add-on | Completed | DeTeWe Communications GmbH | - |
Displaying 1 - 5 of 11
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.