Press Release
F24 AG acquires M-PLIFY S.A.
F24 AG extends European market leadership by acquiring M-PLIFY S.A.
- F24 gains around 150 additional enterprise clients in Luxembourg and Belgium
- Acquisition makes F24 the number one within French speaking markets in Europe
- Acquisition successfully accelerates F24’s growth plan
Munich and Luxembourg, 27 November 2018
F24 AG further strengthens its leading European market position in the field of emergency notification, crisis management and critical communications with the acquisition of the Luxembourgian company M-PLIFY S.A, the leading provider of SaaS based alerting and crisis management solutions in Luxembourg and Belgium.
As a result, F24 gains access to around 150 enterprise customers in Luxembourg and Belgium and thus F24 becomes the number one service provider within the French speaking markets. The acquisition of M-PLIFY S.A with its main product AlarmTILT is in line with F24’s strategy of establishing the leading pan-European crisis management and emergency notification platform. Besides organic growth, F24‘s growth plan is successfully accelerated by this acquisition as part of the F24 buy-and-build-strategy. Raymond James acted as exclusive M&A advisor to F24 and the management shareholders.
“We are delighted to welcome the leading provider for SaaS based alerting and crisis management in Luxembourg and Belgium to F24“, says Dr. Jörg Rahmer, spokesperson of the F24 executive board and responsible for strategy, innovation and product management. “This is an important step to significantly extend our market coverage within Europe and which makes F24 the clear number one within the highly attractive French speaking markets.”
The M-PLIFY S.A. will be a wholly owned subsidiary of F24 AG. CEO Izidor Ciglar will fully continue his work in order to further deliver excellent service to his clients. He also re-invests a significant part of his proceeds into F24. The transaction will enable both companies to deliver an even more comprehensive suite of solutions to a larger number of enterprises.
Izidor Ciglar: “We are very much looking forward to be part of F24 and are especially glad that our common approach to offer high quality services and work hand in hand with our clients will not only be continued but even further extended. Personally, I am looking very much forward to actively shape the future within F24. Joining forces is vital in today’s globalised world.”
Dr. Joerg Rahmer adds: “What unites us both, is the strong relationships with our local clients and our global perspective. Based on this fundament we will further continue F24’s sustainable growth plan.” Since 2017 F24 has already doubled the size of the team and boosted the expansion by opening seven new offices. With several locations across Europe, the Middle East, and South America, F24 is now supporting more than 1,700 enterprise clients in over 80 countries.
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About F24
F24 is Europe’s leading Software-as-a-Service (SaaS) provider for resilience. More than 5,500 customers worldwide rely on F24’s digital solutions, which support companies and organisations through all areas of resilience. Solutions cover business messaging and service notification, emergency and mass notification, incident and crisis management, as well as governance, risk and compliance.
F24 supports customers in virtually every sector ranging from energy, healthcare, industry, finance, IT, tourism and aviation to a wide variety of public organisations. Many years of international experience have made F24 experts in improving resilience with digital solutions.
The company was founded in 2000 in Munich, where F24 AG’s head office is still located. Today, F24 supports companies and organisations in more than one hundred countries, via more than 20 locations in Europe and beyond. The F24 AG Board of Directors consists of F24 co-founder Christian Götz and the spokesperson Dr. Jörg Rahmer.
In July 2020, Europe’s leading software investor Hg became the majority shareholder in F24 AG. Since then, F24 continues to grow within the second phase of its buy-and-build strategy to further accelerate growth and expand the position as market leader in Europe.
In 2018 F24 was the first company based in Europe to be listed in the Gartner report for Emergency and Mass Notifications Systems (EMNS) and meet the stringent requirements of this prestigious institute. In addition, F24 is included in the Forrester Wave™: Critical Event Management Platforms Q4 2023, which looks at “The 10 Providers That Matter Most And How They Stack Up”. This makes F24 one of the most relevant resilience providers worldwide.
Security is a top priority for F24, which is why the highest and most up-to-date safety standards are in place. In 2010, F24 became the first company worldwide to have their Integrated Management System for Information Security (ISMS) and Business Continuity (BCMS) certified by “The British Standards Institution” (BSI). Since then, F24 AG and most of its subsidiaries have been certified up to ISO/IEC 27001 and ISO 22301 standards. In addition to annual audits by an independent accredited institution, successful re-certifications according to the international standards ISO/IEC 27001:2013 and ISO 22301:2019 took place in 2013, 2016, 2019 and 2022.
About M-PLIFY S.A.
M-PLIFY S.A. were founded in 2000 and is specialised in notification management (BCP) and developing applications for people on the move, such as bidirectional reminders and mass alert and notification applications.
AlarmTILT is an innovative SaaS solution to manage crisis and emergencies with efficiency, created by M-PLIFY S.A..AlarmTILT is the leading SaaS based alerting and crisis management solution in Luxembourg and Belgium. M-PLIFY offers its solution to some 150 customers in over 10 different industries.
The M-PLIFY S.A. team is comprised of specialists in the field of notification management who are certified “Business Continuity Professionals”.