Calero Software Acquires Netherlands-based A&B Groep

This acquisition represents Calero’s commitment to global investment for our clients and prospects.

Calero Software, LLC (”Calero” or the “Company”), a leading provider of Communications Lifecycle Management (CLM) software and managed services including Telecom Expense Management (TEM), Managed Mobility Services (MMS) and Usage Management, announced today that it has acquired A&B Groep. A&B Groep is a leading provider of Telecom Expense Management (TEM) solutions throughout the EMEA region and is headquartered in the Netherlands. The acquisition was completed on January 1, 2018. Financial terms were not disclosed.

“I am thrilled to welcome the customers and employees of A&B Groep into the Calero family,” commented Chris Jurasek, President & CEO of Calero Software. “A&B Groep expands Calero’s technical, customer service and commercial operations in Europe, and significantly deepens Calero’s local knowledge and presence in more than 30 countries and across more than 100 additional telecom providers. Together, Calero and A&B Groep offer the industry’s most robust and cohesive set of tools and solutions globally. This acquisition represents Calero’s commitment to global investment for our clients and prospects.”

Ron Rijkenberg, co-founder and CEO of A&B Groep and now a Managing Director for Calero added, “Since day one, A&B Groep’s mission has been to become the most trusted provider for telecom expense management services in the EMEA region. As part of Calero we have accelerated achievement of that goal and joined forces with a partner who truly shares our values of integrity, innovation and high-quality service. I am excited to be partnering with Chris Jurasek, Calero’s management team and Riverside Partners and look forward to my role in leading the combined company’s EMEA operations. Our customers will benefit greatly from our increased resources, complementary TEM solutions and accelerated investment in innovation as part of Calero. At the same time, A&B Groep’s clients should absolutely continue to expect the same high level of satisfaction, local knowledge, employees and focus on data privacy and security that they have come to expect from us.”

Michelle Noon,…

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