Damovo

{{Use dmy dates|date=November 2018}}

{{Use British English|date=November 2018}}

{{Infobox company

| logo = Master Damovo Logo CMYK.png

| type = Private company

| industry = Telecommunications

| founded = 2001 in Düsseldorf, Germany

| owner = Global Growth

}}

Damovo is a German provider of information and communication technology services. The company, owned by Global Growth, has a regional presence across Europe, the Americas and APAC, with a global support capability spanning over 150 countries.

History

Damovo was formerly a division of the Swedish telecoms group Ericsson. In 2001, the London-based Apax Partners acquired and spun off the direct sales and service operations division into a separate company in a management buy out led by Pearse Flynn.{{Cite news|url=https://www.telegraph.co.uk/finance/migrationtemp/2952527/Apax-hands-Damovo-to-creditors.html|title=Apax hands Damovo to creditors|last=Power|first=Helen|date=2006-12-17|work=The Telegraph|access-date=2018-11-28|language=en-GB|issn=0307-1235}}{{Cite news |date=20 January 2007 |title=Creditors taking control of Damovo – FT |url=https://uk.reuters.com/article/damovo-apax-creditors-idUKL2287032620061222 |archive-url=https://web.archive.org/web/20181128122919/https://uk.reuters.com/article/damovo-apax-creditors-idUKL2287032620061222 |archive-date=2018-11-28 |access-date=28 November 2018 |work=Reuters |language=en-GB}} At the time Damovo was based in Glasgow, Scotland. Flynn served as chief executive of the company until 2003.{{Cite web|url=https://www.heraldscotland.com/news/12535992.damovo-chief-resigns-after-row-with-financial-backers-flynn-dismayed-as-telecoms-specialists-buying-spree-is-halted/|title=Damovo chief resigns after row with financial backers Flynn dismayed as telecoms specialist's buying spree is halted|date=6 August 2003|website=The Herald|language=en|access-date=2018-11-28}} In December 2006, Apax handed over its entire equity stake in the company to its creditors.

In January 2015, Damovo Europe was acquired by Oakley Capital Equity II. Matthew Riley, founder of the Daisy Group, was appointed Executive Chairman. Damovo UK was also acquired by Daisy in a separate deal.{{Cite news|url=https://www.manchestereveningnews.co.uk/business/daisy-founder-part-124m-exit-14875826|title=Daisy founder part of £124m exit deal following sale of Damovo Group|last=Roue|first=Lucy|date=2018-07-06|work=Manchester Evening News|access-date=2018-11-28}}{{Cite news|url=https://www.manchestereveningnews.co.uk/business/daisy-group-acquires-unified-communications-8546989|title=Daisy Group acquires unified communications provider Damovo UK|last=Roue|first=Lucy|date=2015-01-30|work=Manchester Evening News|access-date=2018-11-28}}

In August 2015, Damovo acquired the voice and unified communications business of Centre de Télécommunications et Téléinformatiques Luxembourgeois (CTTL) in Luxembourg. This was the first acquisition by Damovo, since it was acquired by Oakley Capital earlier in the year.{{cite web|url=http://www.channelnomics.eu/channelnomics-eu/news/2418317/damovo-begins-m-a-drive-with-buyout-to-boost-benelux-business|title=Damovo begins M&A drive with buyout to boost Benelux business|last=Trendall|first=Sam|date=5 August 2015|website=Channelnomics|access-date=November 28, 2018}}

In November 2016, Damovo completed the acquisition of Netfarmers GmbH – a Germany-based company focused in unified communications, security and networking.{{cite web|url=http://www.it-business.de/damovo-kauft-netfarmers-a-559892/|title=Damovo kauft Netfarmers|last=Lösel|first=Sylvia|date=17 November 2016|website=IT-Business.de|publisher=Vogel Communications|access-date=28 November 2018}} In June 2017, Damovo acquired of Swiss-based Voice & Data Network AG (Vodanet).{{Cite news|url=http://www.channelnomics.eu/channelnomics-eu/news/3011171/damovo-snaps-up-swiss-avaya-house-vodanet|title=Damovo snaps up Swiss Avaya house Vodanet {{!}} Channelnomics|last=Trendall|first=Sam|date=2 June 2017|work=Channelnomics|access-date=2018-11-28|language=en}}{{Dead link|date=January 2024 |bot=InternetArchiveBot |fix-attempted=yes }}

Damovo was acquired by the American investment fund Global Growth in July 2018.{{Cite web|url=https://www.ft.com/content/47ef8baa-80f5-11e8-8e67-1e1a0846c475|title=Eli Global enters Europe’s cloud computing market with Damovo deal|last=Fildes|first=Nic|date=6 July 2018|website=Financial Times|language=en-GB|access-date=2018-11-28}}

Products

The Damovo portfolio includes solutions in the areas of Unified Communications & Collaboration, Enterprise Networks, Contact Centers, Cloud Services and Global Services.

Main technology partners are Avaya, Cisco, Microsoft and Mitel.

References