F24 AG extends European market leadership by acquiring M-PLIFY S.A.
- F24 gains around 150 additional enterprise clients in Luxembourg and Belgium
- Acquisition makes F24 the number one within French speaking markets in Europe
- Acquisition successfully accelerates F24’s growth plan
Munich and Luxembourg, 27 November 2018 – F24 AG further strengthens its leading European market position in the field of emergency notification, crisis management and critical communications with the acquisition of the Luxembourgian company M-PLIFY S.A, the leading provider of SaaS based alerting and crisis management solutions in Luxembourg and Belgium.
As a result, F24 gains access to around 150 enterprise customers in Luxembourg and Belgium and thus F24 becomes the number one service provider within the French speaking markets. The acquisition of M-PLIFY S.A with its main product AlarmTILT is in line with F24’s strategy of establishing the leading pan-European crisis management and emergency notification platform. Besides organic growth, F24‘s growth plan is successfully accelerated by this acquisition as part of the F24 buy-and-build-strategy. Raymond James acted as exclusive M&A advisor to F24 and the management shareholders.
“We are delighted to welcome the leading provider for SaaS based alerting and crisis management in Luxembourg and Belgium to F24“, says Dr. Jörg Rahmer, spokesperson of the F24 executive board and responsible for strategy, innovation and product management. “This is an important step to significantly extend our market coverage within Europe and which makes F24 the clear number one within the highly attractive French speaking markets.”
The M-PLIFY S.A. will be a wholly owned subsidiary of F24 AG. CEO Izidor Ciglar will fully continue his work in order to further deliver excellent service to his clients. He also re-invests a significant part of his proceeds into F24. The transaction will enable both companies to deliver an even more comprehensive suite of solutions to a larger number of enterprises.
Izidor Ciglar: “We are very much looking forward to be part of F24 and are especially glad that our common approach to offer high quality services and work hand in hand with our clients will not only be continued but even further extended. Personally, I am looking very much forward to actively shape the future within F24. Joining forces is vital in today’s globalised world.”
Dr. Joerg Rahmer adds: “What unites us both, is the strong relationships with our local clients and our global perspective. Based on this fundament we will further continue F24’s sustainable growth plan.” Since 2017 F24 has already doubled the size of the team and boosted the expansion by opening seven new offices. With several locations across Europe, the Middle East, and South America, F24 is now supporting more than 1,700 enterprise clients in over 80 countries.
F24 is the leading software-as-a-service (SaaS) provider for emergency notification and crisis management (FACT24) and for sensitive and critical communications (eCall) in Europe. With FACT24, the company is able to offer a highly innovative solution and help customers around the world to successfully and efficiently manage incidents, emergencies and critical situations. In addition, the eCall platform offers solutions for high-volume communications of critical to confidential content in the business environment.
Founded in 2000, F24 AG has its headquarters in Munich, Germany. Along with its subsidiaries, it supports more than 1,700 companies and organisations in more than 80 countries around the globe as part of the daily communication of critical and confidential information or in the event of a crisis. This makes the F24 Group one of the world’s leading SaaS providers for alerting and crisis management as well as critical communications for business customers.
F24 is the first company in the world to be certified by ‘The British Standards Institution’ (BSI) for its integrated information security (ISMS) and business continuity (BCMS) management systems. F24 is the first and only European company listed in the Gartner Report for emergency/mass notification services.
About M-PLIFY S.A.
M-PLIFY S.A. were founded in 2000 and is specialised in notification management (BCP) and developing applications for people on the move, such as bidirectional reminders and mass alert and notification applications.
AlarmTILT is an innovative SaaS solution to manage crisis and emergencies with efficiency, created by M-PLIFY S.A..AlarmTILT is the leading SaaS based alerting and crisis management solution in Luxembourg and Belgium. M-PLIFY offers its solution to some 150 customers in over 10 different industries.
The M-PLIFY S.A. team is comprised of specialists in the field of notification management who are certified “Business Continuity Professionals”. For more information, please visit: www.alarmtilt.com