Mooreland Partners Advises Anite plc. on Its Acquisition of Xceed Technologies, Inc.

Mooreland Partners Advises Anite plc. on Its Acquisition of Xceed Technologies, Inc.

Acquisition marks 15th transaction advised this year by leading global M&A technology advisor, Mooreland Partners

PR Newswire

LONDON and NEW YORK, Oct. 6, 2014 /PRNewswire-iReach/ — Mooreland Partners (http://www.moorelandpartners.com), the most active international technology-focused M&A advisory firm worldwide, today announced that it acted as the sole financial advisor to Anite plc. (LSE:AIE) on its acquisition of Xceed Technologies, Inc. for a total consideration of $30M USD, plus up to $5M USD in deferred consideration. The acquisition of Xceed Technologies marks the 15th transaction advised by Mooreland Partners since the beginning of 2014, and further strengthens Mooreland Partners’ position as a leading global M&A advisor to the communications technology sector.

Leading global M&A technology advisor, Mooreland Partners

“Mooreland Partners is the most active M&A advisory firm in the communications technology sector having completed over 30 transactions in the past five years, and as such is uniquely able to offer its clients a global perspective on the industry,” said Patrick Seely, Managing Director, Mooreland Partners. “Anite is one of the U.K.’s most exciting technology growth stories, building a market leading position in the global handset and network testing markets, and are we are pleased to have assisted in expanding their global footprint though the acquisition of Xceed Technologies.”

Anite is a leading provider of software and hardware solutions to the international wireless market, and Xceed Technologies is a U.S. based wireless network data analytics software company. Xceed provides a leading range of wireless network optimization and performance management products broadening Anite’s product portfolio in the analytics and post-processing market, an area of significant operator focus and growth. The acquisition of Xceed also brings a strong tier one customer base in North America, enhancing the existing customer base of the Anite Network Testing business unit.

Xceed is the leader in wireless network optimization and rules-based performance management solutions for the wireless industry. Its innovative software and service solutions including WindCatcher and Xynergy, deliver deeper insight into big data, providing the network intelligence and advanced automation needed to identify network failures, improve performance, and efficiency. Founded in 2002, Xceed is based in Chantilly, Virginia, near Washington D.C., and employs a staff of 55.

Mooreland Partners is well positioned as an international technology-focused M&A firm to advise on the growing number of cross-border M&A transactions. According to a recent article in the Financial Times, “in the first nine months of this year, the value of M&A is nearly two-thirds higher than it was in the same period in 2013, at $2.66tn – a level of activity not seen since 2008.”

ABOUT MOORELAND PARTNERS

Mooreland Partners (http://www.moorelandpartners.com) is the most active international technology-focused M&A advisory firm, serving clients from its offices in Silicon Valley, Greenwich (CT), and London. Since January 2013, Mooreland Partners has advised on a total of 34 transactions across all major technology sectors including communications technology, mobile and digital media, enterprise software and services, as well as industrial technology and electronics.

Founded in 2002, Mooreland Partners is an integrated global M&A firm, 100 percent owned by its partners, with a team of over 45 investment banking professionals. Learn more at http://www.moorelandpartners.com.

All trademarks contained herein are the property of their respective owners.

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Media Contact: Mindy Hull, Mercury Global Partners for Mooreland Partners, 1-415-889-9977, mindy@mercuryglobalpartners.com

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SOURCE Mercury Global Partners for Mooreland Partners

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