J2 Global Acquires Callstream

Los Angeles-based J2 Global has reportedly acquired Callstream, a UK-based provider of cloud-based, contact-management and call management software for the UK insurance, travel, and retail market. Financial terms of the deal were not announced. The deal was announced in the UK by YFM Equity Partners (YFM) and Octopus Investments (Octopus), which said they had sold their stakes in Callstream to J2 Global; J2 Global had not yet announced anything on the deal publicly or in any regulatory filings early Monday.