Bank of Ireland supports LoopUp in its acquisition of MeetingZone
Bank of Ireland has provided bilateral senior debt facilities to support LoopUp in its acquisition of MeetingZone.
LoopUp is a premium remote meetings solution that makes it easier to collaborate in real time. Both streamlined and intuitive, LoopUp anticipates the needs of business users while delivering the quality, security and reliability required in the enterprise. More than 2,000 enterprises worldwide, including Kia Motors America, Travelex and Subaru trust LoopUp with their remote meetings.
Commenting on the transaction Adam Ball, Associate Director with Bank of Ireland’s Technology Team said: “LoopUp is a fantastic new client for the bank and we are delighted to support the business as it embarks on its continuing growth path.”
Steve Flavell, Co-Chief Executive Officer at LoopUp, said: “This acquisition supports our mission to transition mainstream conference callers away from ‘dialling in’ with phone numbers and access codes to a better, more productive remote meeting experience. Bank of Ireland really understands our business and has shown great support as part of this important milestone for the company.”
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