F24 AG extends European market leadership by acquiring Criticall Ltd.

München/London (ots) -

- F24 gains around 30 additional enterprise clients in the United
Kingdom
- Acquisition further strengthens F24's market position in the United
Kingdom

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 British company Criticall
Ltd., a core provider of SaaS emergency mass notification solutions
in the United Kingdom.

As a result, F24 gains access to over 30 additional enterprise
customers in the United Kingdom and thus F24 strengthens its position
as a major service provider within the English-speaking European
markets. The acquisition of Criticall Ltd. with its main product
EmergencyCall is in line with F24's strategy of establishing the
leading pan-European crisis management and emergency notification
offering. 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 a core provider of SaaS emergency
mass notification in the UK to F24", says Dr. Jörg Rahmer, the
Executive Board Spokesman at F24 AG responsible for Strategy, Product
and Operations. "This is an important step to extend our coverage
within the highly attractive UK market and to further continue our
sustainable growth plan."

Criticall Ltd. will be a wholly-owned subsidiary of F24 AG. CEO
Ian Hammond states: "I am convinced that the clients of Criticall
will gain further benefits in the future, due to increased
capabilities in the areas of product development and customer
service." Criticall Ltd. and its customers will be transferred from
Hammond to F24 AG.

Christian Götz, founder and Executive Board member at F24 AG and
responsible for Sales, Marketing & PR, HR and Customer Service,
states: "We are very much looking forward to integrating Criticall
and its clients as part of the F24 Group. What unites both firms, are
the strong and personal relationships with clients. With this step,
we increase our customer base in the UK, with major Blue-Chip
clients."

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.

Further information: https://www.f24.com/en/media/

Press contact:
Dr. Stefanie Hauer
Corporate Communications
F24 AG
+49 89 2323 638-0
presse@f24.com

Original-Content von: F24 AG, übermittelt durch news aktuell