M&A Deal Summary

CallTower Acquires BroadRiver

On March 6, 2018, CallTower acquired internet software and services company BroadRiver from Appia Services

Acquisition Highlights
  • This is CallTower’s 1st transaction in the Internet Software and Services sector.
  • This is CallTower’s 2nd transaction in the United States.
  • This is CallTower’s 1st transaction in Georgia.

M&A Deal Summary
Date 2018-03-06
Target BroadRiver
Sector Internet Software and Services
Buyer(s) CallTower
Sellers(s) Appia Services
Deal Type Divestiture

Target

BroadRiver

Atlanta, Georgia, United States
BroadRiver is a provider for cloud, voice, data, internet connectivity, hosting, colocation and managed services. BroadRiver is based in Atlanta, Georgia.

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Buyer(S) 1

Buyer

CallTower

South Jordan, Utah, United States
Category Company
Founded 2002
Sector Communications
DESCRIPTION

CallTower is a provider of hosted enterprise-class unified communications solutions for growing businesses nationwide. It enhances clients’ strategic and business operational capabilities by integrating business phone service, mobile applications, email hosting, unified messaging, instant messaging, audio, web and video conferencing, and collaboration tools into one reliable platform. CallTower was founded in 2002 and is based in South Jordan, Utah.

DEAL STATS #
Overall 2 of 2
Sector (Internet Software and Services) 1 of 1
Type (Divestiture) 1 of 1
State (Georgia) 1 of 1
Country (United States) 2 of 2
Year (2018) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-06 Appia Services

Traverse City, Michigan, United States

Appia Services is a provider of IT managed communication and network services, with a focus on small and midsize companies and organizations. Appia Services was founded in 2001 and is based in Traverse City, Michigan.

Buy -

Seller(S) 1

SELLER

Appia Services

Traverse City, Michigan, United States
Category Company
Founded 2001
Sector Information Technology
DESCRIPTION

Appia Services is a provider of IT managed communication and network services, with a focus on small and midsize companies and organizations. Appia Services was founded in 2001 and is based in Traverse City, Michigan.

DEAL STATS #
Overall 1 of 1
Sector (Internet Software and Services) 1 of 1
Type (Divestiture) 1 of 1
State (Georgia) 1 of 1
Country (United States) 1 of 1
Year (2018) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-11-17 BroadRiver

Atlanta, Georgia, United States

BroadRiver is a provider for cloud, voice, data, internet connectivity, hosting, colocation and managed services. BroadRiver is based in Atlanta, Georgia.

Buy -
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