Raising finance for QPE’s investments in TelcoSwitch Limited (“TCS”) and YayYay Limited (“Yay”)

BDO.LiveSite.Deals.DealTypeM&A & Private Equity
BDO.LiveSite.Deals.IndustryTechnology & Media
BDO.LiveSite.Deals.SubIndustryTelecommunications
Queen’s Park Equity (“QPE”) acquired TelcoSwitch (“TCS”) in May’22. TCS has a large partner base that it sells and markets a portfolio of feature rich products to.
 
QPE acquired YayYay Ltd (“Yay”) in Aug’22. Yay is a Communication Platform as a Service (“CPaaS”) provider that delivers end-to-end voice, chat and domain solutions to the SME market. Its market leading technology platform enables an unrivalled communication experience for employees and their businesses, allowing them to communicate flexibly anywhere in the world.
 
The Group sells its market leading and highly differentiated CallSwitch One platform to the SME market, which is primarily delivered through its large partner base.
 
BDO Debt Advisory successfully advised the Group in raising a debt facility that enables the refinancing of TCS debt. The negotiated flexible structure enables the Group to access follow-on capital and leverage to fund future acquisitions.

“We chose the BDO Debt Advisory team due to their differentiated approach of investing time and effort upfront to prepare the business before going to market. Their absolute focus on detail and willingness to roll up their sleeves meant they effectively pre-diligence the plan early on and this played a crucial role in delivering a seamless process and successful result. The outcome being an enhanced, more flexible facility that will support the business to deliver its growth plans.”

Sami Igout, Queen's Park Equity