Peak Technology Partners Advises Text Request
Peak Technology Partners adds to its extensive track record of helping bootstrapped, founder-led businesses across the communications technology landscape.
SAN FRANCISCO, October 11, 2024, Peak Technology Partners is pleased to announce that Text Request, the business text messaging platform founded and headquartered in Chattanooga, Tennessee, has been acquired by the U.K.-based global messaging solutions leader, Commify. The acquisition led by PEAK represents the largest in Commify’s history; the company will increase to more than 400 team members with a revenue approaching more than $217 million. In tandem, this impressive milestone for Text Request will double its revenue as the company continues to serve over 7,500 business customers across the U.S. and Canada.
Commify’s mission is to “make business communication brilliant.” The company is the driving force behind a diverse portfolio of business messaging brands, catering to over 46,000 businesses and sending 5 billion messages annually. From quick SMS to sophisticated mobile messaging options, like RCS, WhatsApp, and mobile payment solutions, Commify and its customer-facing brands empower businesses to deliver seamless customer support, notifications, reminders, collections, payments, and engaging marketing promotions.
Text Request is a business text messaging service that drastically increases a company’s response rate from customers by enabling users to send texts from their computers—yet using their office phone number. As society becomes more globally dispersed and thus more text-reliant, this revolutionary solution helps businesses connect more easily with customers at any time and from anywhere.
Peak Technology Partners served as the exclusive sellside advisor to Text Request. The firm assisted Text Request through the entire M&A and negotiation process, which highlights not only PEAK’s expertise and continued success in the communications technology sector, but also its track record of successful sale for bootstrapped, founder-led businesses.