M&A Deal Summary

Fusion Telecommunications Acquires PingTone Communications

On November 3, 2014, Fusion Telecommunications acquired communications company PingTone Communications for 10M USD

Acquisition Highlights
  • This is Fusion Telecommunications’ 2nd transaction in the Communications sector.
  • This is Fusion Telecommunications’ 5th largest (disclosed) transaction.
  • This is Fusion Telecommunications’ 3rd transaction in the United States.
  • This is Fusion Telecommunications’ 1st transaction in Virginia.

M&A Deal Summary
Date 2014-11-03
Target PingTone Communications
Sector Communications
Buyer(s) Fusion Telecommunications
Deal Type Add-on Acquisition
Deal Value 10M USD
Advisor(s) Q Advisors LLC (Financial)

Target

PingTone Communications

Herndon, Virginia, United States
PingTone Communications, Inc. is a provider of integrated cloud-based communications services.

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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 3 of 8
Sector (Communications) 2 of 2
Type (Add-on Acquisition) 2 of 6
State (Virginia) 1 of 2
Country (United States) 3 of 8
Year (2014) 1 of 1
Size (of disclosed) 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-09-12 Broadvox - Cloud Services Business

Dallas, Texas, United States

Broadvox - Cloud Services Business is a cloud based voice, unified communications and managed network services.

Buy $32M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-14 RootAxcess

Oak Brook, Illinois, United States

RootAxcess LLC is a provider of cloud solutions, including Infrastructure-as-a-Service (IaaS), cloud computing, cloud storage, cloud hosting, virtual data center, backup and recovery, and virtual servers, using both private and hybrid cloud infrastructure.

Buy -
Mergr

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