M&A Deal Summary

Fusion Telecommunications Acquires Apptix

On November 15, 2016, Fusion Telecommunications acquired information technology company Apptix for 28M USD

Acquisition Highlights
  • This is Fusion Telecommunications’ 1st transaction in the Information Technology sector.
  • This is Fusion Telecommunications’ 3rd largest (disclosed) transaction.
  • This is Fusion Telecommunications’ 7th transaction in the United States.
  • This is Fusion Telecommunications’ 2nd transaction in Virginia.

M&A Deal Summary
Date 2016-11-15
Target Apptix
Sector Information Technology
Buyer(s) Fusion Telecommunications
Deal Type Add-on Acquisition
Deal Value 28M USD

Target

Apptix

Herndon, Virginia, United States
Apptix, Inc. is a provider of managed and hosted business communication, collaboration, compliance & security, and infrastructure solutions to mid-market and enterprise customers and blue chip channel partners.

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Buyer(S) 1

Buyer

Fusion Telecommunications

New York, New York, United States
Category Company
Sector Communications
DESCRIPTION

Fusion Telecommunications is a provider of unified communications and cloud services to small, medium, and large businesses as well as global communications carriers. Fusion Telecommunications is based in New York, New York.

DEAL STATS #
Overall 7 of 8
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 6 of 6
State (Virginia) 2 of 2
Country (United States) 7 of 8
Year (2016) 2 of 2
Size (of disclosed) 3 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-28 Technology for Business

Manhattan Beach, California, United States

Technology for Business Corp. is a provider of contact center solutions to over 500 enterprises. TFB offers a comprehensive suite of turnkey CTI applications, and customizeable software modules for contact centers and organizations that understand the power of integrating telephony and IT systems.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-08-28 Birch Communications - Cloud and Business Services Business

Macon, Georgia, United States

Birch Communications, Inc. - Cloud and Business Services Business is a provider of cloud services for North America, with more than 150,000 business customers and a 100% Internet Protocol-based network, including 30 data centers, 31,000 fiber route-miles of network, and metro fiber assets in 11 major markets.

Buy -
Mergr

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