M&A Deal Summary

PGI Acquires Soundpath Conferencing Services

On August 12, 2008, PGI acquired communications company Soundpath Conferencing Services for 20M USD

Acquisition Highlights
  • This is PGI’s 9th transaction in the Communications sector.
  • This is PGI’s 8th largest (disclosed) transaction.
  • This is PGI’s 8th transaction in the United States.
  • This is PGI’s 1st transaction in District of Columbia.

M&A Deal Summary
Date 2008-08-12
Target Soundpath Conferencing Services
Sector Communications
Buyer(s) PGI
Deal Type Add-on Acquisition
Deal Value 20M USD

Target

Soundpath Conferencing Services

Washington, District of Columbia, United States
Soundpath Conferencing Services LLC is a provider of conferencing services to the legal industry.

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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 11 of 17
Sector (Communications) 9 of 12
Type (Add-on Acquisition) 8 of 14
State (District of Columbia) 1 of 1
Country (United States) 8 of 12
Year (2008) 1 of 1
Size (of disclosed) 8 of 12
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-11-08 Meet24

Oslo, Norway

Meet24 is a provider of conferencing services.

Buy $26M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-11-09 Premiere Global Services - Email Marketing Business

Atlanta, Georgia, United States

Premiere Global Services - Email Marketing Business is a provider of email marketing solutions.

Sell -
Mergr

Product

Company

Legal