Mooreland Partners advises Critical Path on its sale to Openwave Messaging

Mooreland Partners advises messaging, security, and unified communications provider Critical Path on its sale to Openwave Messaging

San Mateo, CA / Redwood City, CA — December 5, 2013 — Mooreland Partners is pleased to announce that it acted as exclusive financial advisor to Critical Path in its sale to Openwave Messaging.Headquartered in San Mateo, CA, Critical Path, Inc. is a global leader in Messaging, Security, and Unified Communications. Critical Path delivers world-class, scalable solutions via the cloud, software, and appliance. Critical Path’s extensive portfolio of products, delivered as white-label services and applications, enables millions of people to communicate, connect, share, and organize while providing industry-leading safety and assurance.

Openwave Messaging delivers world-class products and solutions to the global messaging market. The comprehensive product portfolio includes a complete messaging environment optimized for today’s most complex messaging requirements, including support for millions of mailboxes, unlimited storage, modern security controls, identity management, open APIs for internal and external integration, and a true five-nines messaging platform. Openwave Messaging is well positioned to increase market share and expand into adjacent markets by leveraging its combined expertise, technology and vision for the future. The Company is backed by Marlin Equity Partners, a global investment firm with over $2.6 billion of capital under management, providing significant operational expertise and financial resources.

“Openwave Messaging’s acquisition of Critical Path changes the landscape of the messaging market,” stated Sara Radicati, Ph.D., president, The Radicati Group. “Combining the two companies will deliver greater value to customers and create new industry leading offerings. We look forward to seeing the Company’s future progress in developing new products and services.”

“The acquisition of Critical Path is a key milestone for us,” said Dave Ratner, president and CEO, Openwave Messaging. “The transaction presents several opportunities for the combined company going forward. We have greatly expanded our installed base, global presence, partner network, and user community. We are well positioned to accelerate our innovation and lead the market in product advances. We will make sure this is a smooth transition for all parties. Most importantly, we are 100% committed to every customer and partner around the world.”

This is the 18th transaction advised by Mooreland since the start of 2013 and illustrates Mooreland’s global leadership in providing strategic advice to communication and enterprise software companies.