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85 Advisors
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85 Advisors acted as exclusive financial advisor to Atmail on its acquisition of the consumer email business of Virgin Media O2. Financial terms were not disclosed.
Atmail
Headquartered in Brisbane, Australia, Atmail provides email technology and managed email services to telecoms companies and internet service providers. With nearly 30 years of experience running and transitioning large-scale email services, its group has completed more than 40 email divestments for major brands across 10 countries and migrated millions of mailboxes.
A long-term home for customers’ email
Atmail will run the service through one of its consumer email brands. Customers keep the email address they have relied on for years, now with a provider whose whole business is email. Atmail will continue to support the service, invest in improving it, and give customers the dedicated service they expect.
Why it fits
Exiting legacy email lets Virgin Media O2, one of the UK’s leading telecoms companies, focus its investment on broadband, mobile and connectivity, and hands the service to a company built to run it.
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