$20,000,000 Equity Investment and Recapitalization
The undersigned acted as sole placement agent to Telarix in connection with this transaction.
Telarix
Signal Hill acted as exclusive financial advisor and sole placement agent to Telarix in connection with a $20,000,000 equity investment and recapitalization by Brown Brothers Harriman Capital Partners (BBH) and Edison Venture Fund. Telarix is the leading provider of software for business information exchange and interconnect OSS/BSS solutions for global carriers, mobile operators, content providers, and IP service providers. The Company’s solutions help international Operators improve their internal and external efficiencies, expand margins, and increase their competitiveness by automating business processes that have traditionally been manual and error prone. The new funding will support the continued growth of iXLink, the telecom sector’s only business-to-business data exchange platform for transactional and operational interconnect information. Founded in 1996, Telarix is headquartered in Vienna, VA. BBH Capital Partners is a private equity fund of Brown Brothers Harriman & Co., specializing in investments in lower middle market companies. The firm invests in a variety of transactions including management or leveraged buyouts, growth equity financings, recapitalizations, and acquisitions. Edison Venture Fund provides capital and value-added services to late stage information technology businesses. The firm funds management buyouts, recapitalizations, spinouts and secondary stock purchases.