Advised Brite:Bill, a personalised billing experience and customer engagement platform for global service providers, on its sale to Amdocs

Arma Partners is pleased to announce that it has acted as financial advisor to Brite:Bill on its sale to Amdocs (NasdaqGS:DOX).

Founded in 2010, Brite:Bill is headquartered in Dublin, Ireland, and backed by Delta Partners, Enterprise Ireland, Investec Ventures and other angel investors and founders. Brite:Bill has been named a “Cool Vendor” by Gartner and serves global Tier 1 customers such as Rogers, Sprint and Vodafone. The company manages bill presentation for over $5 billion billing value per month.

Brite:Bill’s platform transforms the way service providers present and manage billing communications through personalised, targeted messages and content. The acquisition will strengthen Amdocs’ digital offerings and will allow Amdocs to leverage Brite:Bill’s dynamic personalisation and bill design expertise across its client base of global service providers.

This transaction illustrates Arma Partners’ expertise in the communication technology sub-segment and our long-standing track record of delivering successful cross-border deals with strategic acquirers.