M&A Deal Summary

Message Broadcast Acquires Agent511

On September 26, 2024, Message Broadcast acquired software company Agent511

Acquisition Highlights
  • This is Message Broadcast’s 1st transaction in the Software sector.
  • This is Message Broadcast’s 1st transaction in the United States.
  • This is Message Broadcast’s 1st transaction in Illinois.

M&A Deal Summary
Date 2024-09-26
Target Agent511
Sector Software
Buyer(s) Message Broadcast
Deal Type Add-on Acquisition

Target

Agent511

Northbrook, Illinois, United States
Agent511 provides customer and constituent engagement solutions for utilities and local governments. The company’s platform allows users to track customer preferences/information, segment outreach, and verify delivery results. Its emergency response solution, TEXTBLUE, is a text-to-911 and multimedia dispatch platform for public safety agencies, campuses, and airports. Agent511 was founded in 2007 and is based in Northbrook, Illinois.

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Buyer(S) 1

Buyer

Message Broadcast

Newport Beach, California, United States
Category Company
Sector Software
DESCRIPTION

Message Broadcast is a provider of customer engagement software for electric utilities and other highly regulated industry sectors. The company helps shape customers' experiences through its omnichannel communication platform. Its software solutions drive increased customer satisfaction, operational efficiency, self-service, and conversion across several communication channels and critical use cases, including power outages, payments, and energy efficiency. Message Broadcast is based in Newport Beach, California.

DEAL STATS #
Overall 1 of 2
Sector (Software) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Illinois) 1 of 1
Country (United States) 1 of 2
Year (2024) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-11-19 West Utilities

Omaha, Nebraska, United States

West Utilities provides high-speed, high-volume and targeted messages during critical incidents, such as power outages.

Buy -
Mergr

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