Founded in 2015, DIMOCO Messaging is a leading global SMS aggregator based in Liechtenstein and Austria that delivers around two billion messages per year. DIMOCO enables global enterprise clients, aggregators, and MNOs to directly connect with their customers via an A2P messaging platform. Wagram advised TOFANE Global for the acquisition of DIMOCO Messaging.
With this acquisition, TOFANE’s subsidiary iBASIS significantly accelerates its growth, doubling mobile services revenues to reach 20% of the company’s total revenues. The addition of DIMOCO Messaging enhances iBASIS’s carrier-grade network infrastructure by adding more than 100 direct connections to mobile operators worldwide, ensuring the highest standards of speed and reliability for message termination. iBASIS geographically expands its global commercial presence with DIMOCO Messaging’s offices located in Liechtenstein, Austria, Germany, and Serbia.
The acquisition also gives direct access to the enterprise market segment where DIMOCO Messaging has an established sales force to serve large financial institutions, leveraging new SMS Application Program Interfaces for system integration, APIs for rapid onboarding, and SMS campaign deployment.
Wagram Corporate Finance served as exclusive financial advisor to Tofane Global in the acquisition of DIMOCO.