![]() ![]() CTI’s Analysis, SmartRecord® and Proteus® product suites offer carriers a full array of cloud-based, real-time solutions for traffic analysis, post-billing call analysis, customer care and call recording. is an international provider of electronic invoice processing and management, enterprise communications management software and services solutions, and carrier class voice over internet protocol (VoIP) management applications. About CTI Group (Holdings) Inc.ĬTI Group (Holdings) Inc. Together we were able to create a competitive situation which drove a strong valuation and great outcome for our shareholders,” said Mike Reinarts, Chairman of the Board of CTI. ![]() “The Cherry Tree team that served as investment banking advisor to our Board of Directors brought the experience and leadership we needed to complete our transaction. Cherry Tree led the process that included introductions and discussions with numerous potential acquirers and financial partners, soliciting proposals, negotiating terms, supporting the due diligence process, facilitating the closing of the transaction, and providing a fairness opinion. ![]() “We are pleased to welcome CTI’s customers and employees to our organization.” Cherry Tree’s RoleĬherry Tree was engaged by CTI’s Board of Directors to advise the company on its strategic alternatives related to the sale of the company. “CTI complements our telecommunications operator solutions portfolio by offering a carrier grade analytics platform for cost analysis, allocation, and cost recovery and also enables service providers to mine their customer data to maintain competitive advantage,” said Stephen Sadler, Chairman & CEO of Enghouse. (“CTI”) (OTC:CTIG) at a price of U$0.61 per share, which represented a 76% premium to the closing price the day before the transaction was announced. Enghouse Systems Limited (TSX:ESL) announced that it had successfully completed its acquisition of CTI Group (Holdings) Inc. ![]()
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