magicJack - M&A Summary, Ownership, and Business Overview

CommunicationsCompany

magicJack M&A Summary

magicJack has acquired 2 companies of its own.

magicJack’s largest acquisition to date was in 2016, when it acquired North American Telecommunications for $40M. magicJack has acquired in 2 different US states. The Company’s most targeted sectors include internet software and services (100%).

magicJack Ownership

Who owns magicJack?

magicJack is owned by B. Riley Financial. It was acquired on November 9, 2017.

Was magicJack formerly PE-backed?

Yes. magicJack was formerly owned by 2 private investors.

magicJack Business Overview

Where is magicJack headquartered?

magicJack is headquartered in West Palm Beach, Florida.

What is magicJack’s revenue?

magicJack disclosed revenue of 97M USD for 2016 and 101M USD for 2015.

How many employees does magicJack have?

magicJack has 98 employees.

What sector is magicJack in?

magicJack is a communications company.

When was magicJack founded?

magicJack was founded in 1989.

M&A Summary

  • M&A Total Activity2
    • M&A Buy Activity2
  • Total Sectors Invested 1
  • Total Countries Invested 1
  • M&A Advisors 2

magicJack

5700 Georgia Avenue,
West Palm Beach, Florida 33405
United States,
(561) 586-3380
www.magicJack.com

magicJack is a provider of carrier-class voice over Internet protocol (VoIP) and convergence solutions for fixed and wireless communication service providers. The Company’s main product offering, the magicJack, provides a low-cost alternative to consumers and businesses seeking additional phone lines or local carrier alternatives. magicJack was established in 1989 and is based in West Palm Beach, Florida.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 2 - - - - - 2
vol $40M $40M
Sell (0.0/yr) # - - - - - - 0
  2

Most Recent M&A

Company Date Value Type
North American Telecommunications Corp. (Broadsmart) 2016-03-15 40M USD Add-on Acquisition
Philadelphia, Pennsylvania
SJ Labs, Inc. 2007-02-01 - Add-on Acquisition
Solon, Ohio · www.sjlabs.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Internet Software and Services 2 (100%) 40M (100%) - -
Total 2 $40M - -

By Geo

State/Country Buy Value Sell Value
United States 2 40M - -
  Pennsylvania 1 40M - -
  Ohio 1 - - -
Total 2 $40M - -

Top M&A Advisors

Financial Deals
Oppenheimer & Co.
1
Legal Deals
Akerman
1

Deal Values

buy # Total
< $100M 1 $40M
TOTAL $40M
Largest North American Telecommunications Corp. (Broadsmart)
$40M (2016-03-15)

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