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StoneCalibre has Completed the Sale of XMedius, a Provider of Secure Enterprise Communications Solutions, to OpenText (NASDAQ: OTEX)

Industry: Software & Technology

Los Angeles, CA (March 9, 2020) – StoneCalibre, an international private investment firm, has completed the sale of its portfolio company XMedius Solutions (the “Company”) to Canada-based Open Text Corporation (“OpenText”) (NASDAQ: OTEX), an information management solutions provider.  

XMedius is a global leader in the field of enterprise communications solutions. Its suite of enterprise-grade on-premise and cloud communications solutions enable businesses to benefit from secure and unified communication, as well as to exchange sensitive and confidential data that meets and exceeds industry regulatory compliance requirements. Based in Montreal, Canada, with offices in Seattle and Paris, the Company serves businesses, enterprises and service providers through a global team of customer focused employees. Its solutions are deployed worldwide across a number of sectors, including education, finance, government, healthcare, manufacturing, retail, and legal services.

In 2015, StoneCalibre identified XMedius as a differentiated, yet non-core, non-strategic business unit operating as part of a large corporate parent. Based on the strength of its product offering, longstanding relationships with blue-chip customers and high calibre management team, StoneCalibre acquired the business and carved it out into a standalone company. Following the divestiture, the Company focused on key strategic value drivers and bolstered the team with additional resources, executed on an industry leading product roadmap, launched an innovative secure file exchange platform, completed and successfully integrated a strategic add-on acquisition, strengthened international sales presence and more. The implementation of all these initiatives resulted in the Company more than doubling its sales and profitability since the carve-out.

“Over the last five years, we have enjoyed a great partnership with the management team as their industry expertise combined with our strategic guidance and global M&A capabilities transformed XMedius into a best-in-class software solutions provider serving the needs of its diverse customer base across the world,” said Brian Wall, Founder and CEO of StoneCalibre. “We are proud of the things we accomplished together and look forward to seeing the Company embark on the next chapter of its history under the stewardship of OpenText and its highly complementary strategic positioning in the market.”

“Our relationship with StoneCalibre was built on a very solid foundation from the get-go,” stated Jean Champagne, CEO of XMedius. “Together we focused on capitalizing on our core competencies in the information management industry and developed or acquired new products to expand the addressable market as well as fostered relationships with leading channel partners to increase our overall market share. StoneCalibre was a true partner along the way and added value over the entire investment period, from entry to exit.” 

About StoneCalibre

Headquartered in Los Angeles, CA, StoneCalibre is a privately funded investment firm specializing in the acquisition of lower middle market companies. Founded by Brian Wall in 2012, StoneCalibre is focused on making investments in both special situations and quality long-term capital investment opportunities. For more information please visit our website at

For more information please contact:

Nick Matzke
Business Development
StoneCalibre, LLC
Phone: (310) 774-0376
Fax: (310) 427-7448

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