9 June 2021 - Lumine Group acquires Neural Technologies
Neural shareholders enagaged Presser & Co to undertake a highly-competitive sales process.

Highly attractive, last remaining independent vendor: Neural Technologies, a UK founded but Singapore managed enterprise software business serving the telecommunications and banking and finance sectors, is one of the last remaining independent private vendors in the telecoms revenue assurance and telecoms fraud (RAF) sector.
Deal execution: Neural shareholders approached Presser & Co to undertake a highly-competitive sales process that resulted in the selection of Lumine as the party that offered a great long-term home for the business.
Compelling product set: Neural’s Optimus RAF suite, combined with its standalone mediation tools and its recently launched charging-in-the cloud solution, will complement Lumine’s global tier 1 ecosystem of telecoms software, which also included the recent acquisition of Martin Dawes Systems in the UK.
TRANSACTION DETAILS
Neural Technologies Ltd a provider of modular revenue protection, signaling, machine learning and artificial intelligence software for telecom operators. Its revenue assurance suite includes capabilities for fraud management, revenue assurance, credit-risk management, business assurance, and anti-money laundering. Its machine learning and artificial capabilities assist telecom operators with data integration and customer engagement.
Lumine Group (TXU:CSU)is a leading global acquirer of communications & media software businesses. Lumine empowers businesses to grow by providing an ecosystem with access to a network of global, like-minded professionals, customers, and partners. Lumine Group is a division within Volaris Group, a subsidiary of Constellation Software-Inc. (TSX:CSU) www.luminegroup.com.
Presser & Co’s Trevor Presser, Franz Kiel and Karla Ridgwell provided Neural shareholders with M&A advice on the transaction and Solomon Brothers partner Michelle Hawksley provided legal advice