Add-on Acquisition • Internet Software and Services

magicJack Acquires North American Telecommunications

On March 15, 2016, magicJack acquired internet software and services company North American Telecommunications for 40M USD

Acquisition Context
  • This is magicJack’s 2nd transaction in the Internet Software and Services sector.
  • This is magicJack’s largest (disclosed) transaction.
  • This is magicJack’s 2nd transaction in the United States.
  • This is magicJack’s 1st transaction in Pennsylvania.

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M&A Deal Summary

Date March 15, 2016
Target North American Telecommunications
Sector Internet Software and Services
Buyer(s) magicJack
Deal Type Add-on Acquisition
Deal Value 40M USD
Advisor(s) Q Advisors (Financial)
Kelley Drye (Legal)

Target Company

North American Telecommunications

Philadelphia, Pennsylvania, United States
North American Telecommunications Corp. (Broadsmart) is a provider of hosted UCaaS for medium-to-large multi-location enterprise customers.
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Buyer Overview 1

Buyer

magicJack

West Palm Beach, Florida, United States

Category Company
Founded 1989
Sector Communications
Employees98
Revenue 97M USD (2016)
DESCRIPTION

magicJack is a provider of carrier-class voice over Internet protocol (VoIP) and convergence solutions for fixed and wireless communication service providers. The Company’s main product offering, the magicJack, provides a low-cost alternative to consumers and businesses seeking additional phone lines or local carrier alternatives. magicJack was established in 1989 and is based in West Palm Beach, Florida.


Deal Context for Buyer #
Overall 2 of 2
Sector: Internet Software and Services 2 of 2
Type: Add-on Acquisition 2 of 2
State: Pennsylvania 1 of 1
Country: United States 2 of 2
Year: 2016 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-02-01 SJ Labs

Solon, Ohio, United States

SJ Labs, Inc. develops voice over Internet protocol (VOIP) software for voice.

Buy -