M&A Deal Summary

PGI Acquires Accucast

On February 7, 2006, PGI acquired internet software and services company Accucast

Acquisition Highlights
  • This is PGI’s 1st transaction in the Internet Software and Services sector.
  • This is PGI’s 7th transaction in the United States.
  • This is PGI’s 1st transaction in Georgia.

M&A Deal Summary
Date 2006-02-07
Target Accucast
Sector Internet Software and Services
Buyer(s) PGI
Deal Type Add-on Acquisition

Target

Accucast

Atlanta, Georgia, United States
Accucast, Inc. is a provider of e-mail communications services company.

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Buyer(S) 1

Buyer

PGI

Alpharetta, Georgia, United States
Category Company
Founded 1991
Sector Software
Employees2,250
Revenue 567M USD (2014)
DESCRIPTION

PGI is a provider of audio conferencing solutions and SaaS-based web and video collaboration solutions to large global companies, mid-sized companies, and SMBs. PGi has a broad suite of conferencing and collaboration solutions that enable business users to easily connect, collaborate, and share ideas and information in real-time using traditional phones, desktops, video systems, laptops, tablets, smartphones, and other mobile devices. PGI was founded in 1991 and is based in Alpharetta, Georgia.

DEAL STATS #
Overall 8 of 17
Sector (Internet Software and Services) 1 of 4
Type (Add-on Acquisition) 6 of 14
State (Georgia) 1 of 1
Country (United States) 7 of 12
Year (2006) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-07-27 Netspoke

Woburn, Massachusetts, United States

Netspoke, Inc. is a conferencing provider.

Buy $23M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-09-08 eNunciate

Toronto, Ontario, Canada

eNunciate Corp. is a provider of conferencing and collaboration services.

Buy CA$28M
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