M&A
confidence high
sentiment neutral
materiality 0.75
Twilio invests $750M in Syniverse for minority stake, forms wholesale A2P messaging partnership
TWILIO INC
- Twilio invested $750 million in Syniverse for common equity; Carlyle remains majority owner.
- Syniverse raised $1.025B in new term loan debt and $340M preferred equity to reduce leverage.
- Wholesale agreement: Syniverse will route application-to-person (A2P) messages for Twilio customers.
- Transaction closed on May 13, 2022; press release issued May 16, 2022.
- Twilio SVP Simon Khalaf cites accelerated innovation in mobile communications and long-term growth.