Add-on Acquisition • Communications

PGI Acquires Soundpath Conferencing Services

On August 12, 2008, PGI acquired communications company Soundpath Conferencing Services for 20M USD

Acquisition Context
  • This is PGI’s 9th transaction in the Communications sector.
  • This is PGI’s 8th largest (disclosed) transaction.
  • This is PGI’s 8th transaction in the United States.
  • This is PGI’s 1st transaction in District of Columbia.

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M&A Deal Summary

Date August 12, 2008
Target Soundpath Conferencing Services
Sector Communications
Buyer(s) PGI
Deal Type Add-on Acquisition
Deal Value 20M USD

Target Company

Soundpath Conferencing Services

Washington, District of Columbia, United States
Soundpath Conferencing Services LLC is a provider of conferencing services to the legal industry.
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Buyer Overview 1

Buyer

PGI

Alpharetta, Georgia, United States

Category Company
Founded 1991
Sector Software
Employees2,250
Revenue 567M USD (2014)
DESCRIPTION

PGI is a provider of audio conferencing solutions and SaaS-based web and video collaboration solutions to large global companies, mid-sized companies, and SMBs. PGi has a broad suite of conferencing and collaboration solutions that enable business users to easily connect, collaborate, and share ideas and information in real-time using traditional phones, desktops, video systems, laptops, tablets, smartphones, and other mobile devices. PGI was founded in 1991 and is based in Alpharetta, Georgia.


Deal Context for Buyer #
Overall 11 of 17
Sector: Communications 9 of 12
Type: Add-on Acquisition 8 of 14
State: District of Columbia 1 of 1
Country: United States 8 of 12
Year: 2008 1 of 1
Size (of disclosed) 8 of 12
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-11-08 Meet24

Oslo, Norway

Meet24 is a provider of conferencing services.

Buy $26M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-11-09 Premiere Global Services - Email Marketing Business

Atlanta, Georgia, United States

Premiere Global Services - Email Marketing Business is a provider of email marketing solutions.

Sell -