Q Advisors Founding Partner Michael Quinn sat down with UC Today, an official media partner of the 2020 Cloud Comms Summit, which took place in London recently. Quinn says Europe is the next battleground for Cloud Comms M&A, as U.S. companies look to take on roll-ups similar to what’s been done on this side of the Atlantic in recent years.
According to Quinn, most players will consider size significantly and look for larger-valued companies. But for the U.S. companies to make an impact, they will not be looking to acquire £5M or €10M sized businesses. Rather, he says, you will see EU to EU consolidation, and then those entities will become more attractive to U.S. companies looking to enter the European market.