Mooreland Partners advises Ascade in Sale to CSG
Stockholm, Sweden / Englewood, CO, US – July 18, 2012 -Mooreland Partners is pleased to announce that it acted as exclusive financial advisor to Ascade AB (www.ascade.com) in its sale to CSG Systems International,Inc. (NASDAQ:CSGS).
With the acquisition, CSG expands and strengthens its product portfolio and geographic presence, bringing product specialists and support resources closer to its wholesale customers worldwide.
Ascade, headquartered in Stockholm, Sweden, is a leading provider of trading and routing software solutions to telecommunications companies globally.
The sale of Ascade is the eighteenth transaction advised by Mooreland Partners since the start of 2012 and confirms Mooreland’s leadership in communications software and mobile value chain M&A.
For more information on the Ascade / CSG transaction, please contact Patrick Seely or Todd Feldman:
Patrick Seely, Managing Director
Mobile: +44 7770 303 059
Direct Line: +44 207 484 1352
Todd Feldman, Managing Director
Mobile: +1 917 673 3443
Direct Line: +1 203 629 4426