M&A Deal Summary

4Voice Acquires nexVortex - Hosted Voice Business

On March 2, 2020, 4Voice acquired communications company nexVortex - Hosted Voice Business from nexVortex

Acquisition Highlights
  • This is 4Voice’s 1st transaction in the Communications sector.
  • This is 4Voice’s 1st transaction in the United States.
  • This is 4Voice’s 1st transaction in Virginia.

M&A Deal Summary

Date 2020-03-02
Target nexVortex - Hosted Voice Business
Sector Communications
Buyer(s) 4Voice
Sellers(s) nexVortex
Deal Type Divestiture

Target

nexVortex - Hosted Voice Business

Virginia, United States
nexVortex, Inc. - Hosted Voice Business delivers hosted voice, hosted contact center, and customized solutions.

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Buyer(S) 1

Buyer

4Voice

Boca Raton, Florida, United States

Category Company
Founded 2007
Sector Communications
DESCRIPTION

4Voice LLC is a full-service VoIP provider focused on the specific and unique needs of small and medium-sized businesses. The company provides a white-glove service that helps SMBs transition from expensive landlines or faceless VoIP providers to an impactful voice solution that helps them conduct their business more profitably and seamlessly. 4Voice was formed in 2007 and is based in Boca Raton, Florida.


DEAL STATS #
Overall 1 of 1
Sector (Communications) 1 of 1
Type (Divestiture) 1 of 1
State (Virginia) 1 of 1
Country (United States) 1 of 1
Year (2020) 1 of 1

Seller(S) 1

SELLER

nexVortex

Herndon, Virginia, United States

Category Company
Founded 2002
Sector Internet Software and Services
DESCRIPTION

nexVortex, Inc. is a provider of cloud communication services for businesses, specializing in SIP Trunking, multi-site applications, hosted voice, hosted contact center, and customized solutions. nexVortex was founded in 2002 and is based in Herndon, Virginia.


DEAL STATS #
Overall 1 of 1
Sector (Communications) 1 of 1
Type (Divestiture) 1 of 1
State (Virginia) 1 of 1
Country (United States) 1 of 1
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-21 agileTel

Freehold, New Jersey, United States

agileTel is a hosted voice provider which specializes in delivering solutions to enterprises which serve customers through a franchise-format business model.

Buy -