LONDON – March 28, 2018 – Mooreland Partners, the leading independent investment bank providing M&A and private capital advisory services to the global technology industry, announced that it acted as the exclusive financial advisor to InterFax on its sale to Upland Software. The transaction was publicly announced on March 22, 2018.
Based in Dublin, Ireland, InterFax is a global leader in secure cloud-based messaging solutions with both cloud fax and secure document distribution capabilities, serving leading brands in healthcare, hospitality, travel, and other workflow-intensive industries. The company delivers over 245 million messages per year for customers that require streamlined workflows, mission-critical reliability and security, and compliance with HIPAA and certification under PCI-DSS and ISO 27001. InterFax has offices in Israel and the United States, a strong global reseller channel, and an established network of more than 23,000 certified developers. InterFax adds foundational capabilities to Upland’s cloud-based Workflow Automation product family.
“InterFax is Upland’s first European M&A transaction and Mooreland’s cross-border deal making expertise delivered a lot of gap-bridging value,” said Louis Jeng, Executive Director, Mooreland Partners. “This transaction further highlights Mooreland’s deep sector expertise and access to relevant buyer ecosystems within Enterprise Software,” added Patrick Seely, Managing Partner, Mooreland Partners.
Upland Software (Nasdaq: UPLD) is a leading provider of cloud-based Enterprise Work Management software with applications enabling users to manage their projects, professional workforce and IT investments; automate document-intensive business processes; and effectively engage with their customers, prospects and community via the web and mobile technologies. With more than 4,000 customers and over 450,000 users around the world, Upland Software solutions help customers run their operations smoothly, adapt to change quickly, and achieve better results every day.