Fox Williams recently advised Volaris Group Inc. on its acquisition of MDS Global Ltd. (“MDS Global”), a provider of revenue management, business assurance, and analytics software to telecommunications service providers. The deal completed on 17 July 2019.
Founded in 1987 as part of Martin Dawes Telecommunications Ltd. (“MDT”), a pioneering Mobile Virtual Network Operator in the UK, MDS Global started as an in-house billing system. When MDT was sold to BT Cellnet in 1999, MDS Global was spun-out as a stand-alone business. MDS Global solutions are deployed on premise and in the cloud, and flagship long-term customers include British Telecom, Telefonica O2, eir, ACN Europe, Telia, Post Office UK, TalkTalk and ID Mobile.
Working closely with the Volaris in-house team, the Fox Williams team was led by head of corporate Richie Clark and corporate senior associate Hannah Elliott, principally assisted by corporate associate Freddie De Boise, head of tax Emma Bailey, tax director Joanne Varia, employment senior associate Daisy Jones and real estate legal director Rebecca Evans.
Richie Clark, said. “We were delighted to help Volaris successfully complete this acquisition, which marks Volaris’ twelfth acquisition in the communications and media vertical.”