Calero Software, backed by Riverside Partners, has acquired Netherlands-based A&B Groep to enhance its telecom expense management offerings across the EMEA region.

Information on the Target

Calero Software, LLC, a company within the Riverside Partners portfolio, specializes in Communications Lifecycle Management (CLM) software and managed services. Its offerings include Telecom Expense Management (TEM), Managed Mobility Services (MMS), and Usage Management, aimed at optimizing communication expenditures. As of January 1, 2018, Calero has expanded its operations by acquiring A&B Groep, a prominent provider of TEM solutions throughout the EMEA region, which is based in the Netherlands.

A&B Groep, established in 1999, helps organizations navigate the complexities of telecommunications management. The company delivers innovative solutions that enable clients to manage their telecommunications expenses effectively, leveraging its significant local expertise and a robust technology platform known as GTEM Solutions.

Industry Overview in the Target’s Specific Country

The telecom industry in the Netherlands is marked by a strong emphasis on digital innovation and customer-centric services. With a highly competitive landscape, companies are challenged to p