Commify expands its presence in France by acquiring SMSFactor, a leading provider of messaging solutions for local enterprises, marking its 17th acquisition since 2013.
Information on the Target
Commify has recently expanded its footprint in the French market by acquiring SMSFactor, a prominent Nice-based messaging solutions provider. Established in 2010, SMSFactor specializes in delivering effective messaging services to Local Enterprises, making it a perfect strategic fit for Commify's range of offerings. Over the years, SMSFactor has demonstrated impressive growth, achieving a revenue of €6 million and maintaining a loyal customer base of approximately 3,500 clients.
With a focus on providing exceptional local service and leveraging best-in-class digital marketing strategies, SMSFactor has thrived in the competitive messaging solutions sector. This acquisition marks Commify’s 17th since 2013 and signifies the company’s commitment to scaling its operations under the backing of ECI’s investment for long-term growth.
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Industry Overview in France
The business messaging industry in France has seen significant growth, driven by increasing demand from local enterprises for efficient communication solutions. As businesses continually seek to enhance customer en
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Disclosed details
Revenue: $6M