Lumine Group acquires enterprise billing solutions provider Kansys

Volaris Group’s Lumine Group has acquired Kansys, a US-based provider of billing solutions, event intelligence, and mediation software, for an undisclosed price.

Kansys caters to tier 1 enterprise corporations and communication service providers.

The company’s Edge suite features capabilities for quoting, collections, agreement revenue, and usage-based rating.

Kansys marks the 22nd acquisition for Lumine Group and is said to establish the latter’s position as a major acquirer of communications and media software businesses around the world.

Joe Simmons — President of Kansys said: “After building up our capabilities and brand over the past 20 years, joining Lumine’s global ecosystem of communications and media businesses provides a unique opportunity to rise to the next level.

“In addition, it was important that we selected a partner who understood our business and our markets. We have spent a considerable amount of time getting to know the Lumine folks and have become very comfortable with their approach, flexibility, and goals.”

Established in Kansas City in 1997, Kansys started off as a system integrator (SI) engaged in billing solutions via business support systems integration. In the course of time, it included software and application development associated with billing.

In 2000, Kansys rolled out its own revenue management suite of products, which included mediation software. By 2019, the company became a supplier of mission-critical billing across customers in North America, Europe, the Caribbean, and South America, with its Edge Cloud based Billing Software.

Tony Garcia — Lumine Group Subscription Management Group Leader said: “We are excited to add Kansys and its Edge suite of products to complement our existing businesses while providing further mission-critical and high value capabilities to our global tier 1 ecosystem of customers and partners.”