The buyer, Destiny Group, is a European leader and innovator in secure cloud communications based on its powerful and secure mobile-first products and UCaaS. Destiny Group, with headquarters in Brussels, has 700 employees in 7 European countries and an expected annual turnover of close to EUR 200 million in 2021.
The acquisition of ipvision A/S strengthens Destiny Group’s position as Europe’s largest UCaaS provider and consolidates the company’s position in the Nordics.
DANDERS & MORE has advised the owners of ipvision A/S on all legal aspects in connection with the sale of ipvision A/S. We would like to especially thank the following persons for a fantastic co-operation and a smooth process in connection with the sale of ipvision A/S: the great management team and majority owners Kenneth Andreasen, Kåre Bo Jacobsen and Peter Reich; the chairman, playing a key role in the transaction, Laurits Mathias Bach Sørensen; and the auditor, Morten Schwensen (Baker Tilly).