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Transactions / R••••••••

PGi Enters into Agreement to Acquire Cloud Communications Provider R••••••••

Add-on acquisitionannouncedadd-onannounced Jan 12, 2017Fact
What happened
Platform
P••add-on basis: PGi, the world’s largest dedicated provider of collaboration software and services, today announced that it has entered into a definitive agreement to acquire Denver-based R••••••••, a leading provider of cloud communications services, including audio, web and video conferencing, and self-service and managed webinar solutions. | PGi is held by S•••• Capital on its portfolio page; published on S•••• Capital's own news page
Control
Control
Share acquired
unknown
Industry
technology / cloud, software
Target location
CO, US
Seller kind
unknown
Rollover
unknown
Values, only where disclosed
Enterprise value
Not disclosed
Purchase price
Not disclosed
Equity value
Not disclosed
Target revenue
Not disclosed
Target EBITDA
Not disclosed
Multiple
Not disclosed
Parties and roles
4 named
Buy side
  • P••Platformconfirmed
    PGi, the world’s largest dedicated provider of collaboration software and services, today announced that it has entered into a definitive agreement to acquire Denver-based R••••••••, a leading provider of cloud communications services, including audio, web and video conferencing, and self-service an
  • PGi, the world’s largest dedicated provider of collaboration software and services, today announced that it has entered into a definitive agreement to acquire Denver-based R••••••••, a leading provider of cloud communications services, including audio, web and video conferencing, and self-service an
Side not stated
  • D•• K•••Managementconfirmed
    “R•••••••• is committed to providing outstanding collaboration experiences for our customers and partners,” said D•• K•••, CEO, R••••••••.
  • PGi, the world’s largest dedicated provider of collaboration software and services, today announced that it has entered into a definitive agreement to acquire Denver-based R••••••••, a leading provider of cloud communications services, including audio, web and video conferencing, and self-service an
Evidence
PGi, the world’s largest dedicated provider of collaboration software and services, today announced that it has entered into a definitive agreement to acquire Denver-based R••••••••, a leading provider of cloud communications services, including audio, web and video conferencing, and self-service and managed webinar solutions.
PGi Enters into Agreement to Acquire Cloud Communications Provider R•••••••• | Private Equity Intelligence | DFX