We advised KPN on the financial and tax due diligence in connection with the acquisition of Xelion.
Xelion
Xelion is a Dutch technology company that develops software for business communications. Its platform enables businesses to manage calls, messaging and video conferencing, while integrating multiple communication channels in a single solution.
The due diligence
Through the acquisition, KPN expands its communications offering for SME customers with Xelion’s solutions. Xelion will continue to operate independently from its headquarters in Delft as part of KPN. As part of the transaction, Baker Tilly performed financial and tax due diligence on Xelion on behalf of KPN.
Role of Baker Tilly
KPN was advised throughout the due diligence process by Baker Tilly’s Corporate Finance and Tax Advisory teams. The Baker Tilly team included Jan Kreijkes (Partner Corporate Finance), Jan Hein Wagemans (Director Tax Advisory), Bob Harmsen (Manager Corporate Finance) and Wout van Hardeveld (Consultant Corporate Finance).