Telegraph Hill Advisors Serves as M&A Advisor to Business Logic Systems on its Sale to Evolving Systems
San Francisco, July 31, 2017 – Telegraph Hill Advisors acted as the exclusive financial advisor to Business Logic Systems (BLS) on its sale to Evolving Systems (NASDAQ: EVOL). Business Logic Systems is a leading provider of data-driven subscriber value management and analytics solutions for communications service providers. The Company transforms subscriber data into actionable insights, and includes components for the automation and optimization of outbound marketing campaigns, inbound marketing campaign management, data management, and subscriber analytics. BLS’ ability to effectively leverage granular subscriber data enables greater efficiencies in commercial operations and more impactful marketing campaigns. This delivers measurable results, including: higher ARPU, greater data revenue, improved loyalty and net promoter scores, as well as an increase in customer lifetime value.
Telegraph Hill Advisors’ detailed knowledge of the sector, extensive industry relationships and strong executional skills were all critical success factors in getting this transaction done. The senior team was deeply involved throughout the process and truly acted as our trusted partners, not just advisors. At every stage of the process, they worked closely with management, owners, and third parties to ensure that we were moving toward a positive outcome, despite some challenging circumstances. I would certainly hire the Telegraph Hill team again.- Tim Yates, Chairman, Business Logic Systems
“Mobile operators globally have shifted their strategic focus from acquisition-led subscriber growth to increasing subscriber revenue, improving customer experience, reducing churn, and ultimately driving higher customer lifetime value. The ability to leverage their rich subscriber data and utilize analytical tools from companies like BLS have allowed operators to gain far greater insight into customer needs and has significantly improved their marketing and value management programs” said Phillip Courten of Telegraph Hill Advisors. “The Telegraph Hill team has been fortunate to work closely with several leading data-driven marketing organizations that serve the enterprise, digital media and communication service provider markets, successfully finding them the right strategic partners to help accelerate growth and provide strong exits for their investors. We very much look forward to working with other compelling companies in these rapidly growing markets.”
Telegraph Hill Advisors is a boutique investment bank based in San Francisco that provides merger and acquisition, capital raising, and financial advisory services to emerging growth technology companies in the Mobile & Communications, Digital Media and Software sectors.