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Thompson Street Capital Partners Platform BCM One Acquires Pure IP; Ninth Add-on Acquisition

Gracie Gottlieb | 28 June, 2023

Introduction:

In a strategic move to expand its NextGen Communications portfolio and enhance its global reach, Thompson Street Capital Partners (TSCP) platform company BCM One has recently announced the acquisition of Pure IP. With a focus on cloud-based voice services via Microsoft Teams, Cisco, Webex, and Zoom, Pure IP brings a wealth of expertise and a strong international presence to BCM One. This marks the ninth add-on acquisition for BCM One, solidifying its position as a leader in the managed services provider space.

Expanding NextGen Communications:

The acquisition of Pure IP is set to significantly enhance BCM One's NextGen Communications portfolio, enabling the company to offer enterprise-grade cloud-based voice services for Microsoft Teams, Cisco Webex, and Zoom on a global scale. Pure IP's expertise in migrating enterprise customers from PBX and UCaaS platforms to next-generation solutions perfectly complements BCM One's existing offerings. With this latest addition, BCM One can meet the evolving needs of businesses worldwide, providing them with cutting-edge communication solutions powered by leading providers.

Global Footprint and International Expansion:

Pure IP's presence in key locations such as London, Auckland, and San Francisco not only expands BCM One's domestic footprint but also establishes crucial office locations for serving western Europe and the Asia-Pacific regions. By leveraging Pure IP's international infrastructure and capabilities, BCM One can extend its platform of services to customers around the world. This strategic expansion ensures that businesses in various regions can benefit from BCM One's comprehensive suite of managed solutions.

Impacts and Benefits:

Geoff Bloss, CEO of BCM One, emphasizes the advantages of adding Pure IP to their portfolio. He highlights Pure IP's track record of successfully migrating customers to next-gen platforms, which aligns perfectly with BCM One's vision for providing cutting-edge solutions. Bloss believes that Pure IP's global infrastructure and expertise will strengthen BCM One's position as a NextGen Communications and Managed Services provider. Additionally, Pure IP's international presence opens up new possibilities for BCM One to enhance its service offerings and cater to customers on a global scale.

Brian Kornmann, Managing Director at TSCP, shares his excitement about the acquisition, as it aligns with BCM One's growth strategy in international markets. TSCP has been committed to expanding BCM One's services and customer base since its initial partnership in 2019. The investment in Pure IP fulfills these goals while also strengthening partnerships with key industry players such as Zoom, Microsoft, and Cisco. Kornmann emphasizes that BCM One will continue to seek opportunities for inorganic growth, focusing on key product, customer, and geographic expansions.

About BCM One:

BCM One, founded in 1992, is a leading managed solutions provider that offers businesses a comprehensive range of integrated technology solutions. With over 37,000 customers worldwide, BCM One supports critical network infrastructure requirements, including unified communications, SIP Trunking and UCaaS services, SDWAN, cloud, security, and connectivity solutions. Through its diverse suite of services, BCM One enables businesses to streamline their technology operations, enhance productivity, and achieve their growth objectives seamlessly.

About Thompson Street Capital Partners:

Thompson Street Capital Partners (TSCP) is a St. Louis-based private equity firm specializing in investing in founder-led middle market businesses. Since its establishment in 2000, TSCP has acquired over 200 companies across sectors such as Life Sciences & Healthcare Services, Software & Technology, and Business Services & Consumer Products. With a focus on accelerating growth, TSCP partners with management teams to create value through organic expansion and strategic acquisitions. With a managed fund exceeding $4.5 billion, TSCP demonstrates its commitment to supporting and empowering businesses to achieve their full potential.

Conclusion:

The acquisition of Pure IP by BCM One signifies an important milestone in the company's growth trajectory. By expanding its NextGen Communications portfolio and extending its services globally, BCM One strengthens its position as a leading managed services provider. The addition of Pure IP's expertise and international presence allows BCM One to offer innovative cloud-based voice solutions to businesses around the world. With continued support from Thompson Street Capital Partners, BCM One is well-positioned to drive further growth, enhance customer experiences, and remain at the forefront of the rapidly evolving technology landscape.

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