– Brite:Bill is a Dublin-based personalised billing experience and customer engagement platform for global service providers
– Its technology takes structured documents and applies analytics, design and personalisation to elicit behavioural change and a positive outcome for both the service provider and customer
– Brite:Bill serves Tier 1 customers globally such as Rogers, Sprint, Vodafone, Tele2 and Eir and manages bill presentation for more than $5bn in bills per month
– Amdocs (NasdaqGS:DOX) provides customer experience software solutions to large communications, entertainment and media service providers
– Amdocs solutions include BSS, OSS, network control, optimisation and network functions virtualisation, coupled with professional and managed services
– Amdocs has more than 24,000 employees and serves customers in over 90 countries
– 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
– Under new strategic ownership, Brite:Bill will be able to leverage Amdocs’ large sales and marketing, partner and R&D infrastructure to continue to further refine its best-of-breed product while continuing to accelerate growth
– Arma helped Brite:Bill navigate strong inbound interest and coordinate counterparty interactions
– Arma supported Brite:Bill with financial analysis, strategic positioning, valuation, marketing materials preparation and interactions with both strategic buyers and private equity funds
– Overall, Arma assisted Brite:Bill in realising their strategic objectives, drawing on Arma’s expertise in the Communication technology sector