M&A Deal Summary

Spectrio Acquires Profit-On-Hold

On January 14, 2020, Spectrio acquired communications company Profit-On-Hold

Acquisition Highlights
  • This is Spectrio’s 1st transaction in the Communications sector.
  • This is Spectrio’s 11th transaction in the United States.
  • This is Spectrio’s 1st transaction in Louisiana.

M&A Deal Summary

Date 2020-01-14
Target Profit-On-Hold
Sector Communications
Buyer(s) Spectrio
Deal Type Add-on Acquisition

Target

Profit-On-Hold

Mandeville, Louisiana, United States
Profit-On-Hold Co. is a provider of communication services. Profit-On-Hold was founded in 1991 and is based in Mandeville, Louisiana.

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Buyer(S) 1

Buyer

Spectrio

Tampa, Florida, United States

Category Company
Founded 1986
Sector Marketing
DESCRIPTION

Spectrio is a provider of technology-enabled, customer engagement, and content management solutions, including digital signage, interactive kiosks, on-hold marketing, on-premise messaging & music, and Wi-Fi marketing. Spectrio's subscription-based model is underpinned by a large, proprietary content library including 10,000+ templates and 100,000+ pieces of customized, vertical-specific content delivered through a proprietary, cloud-based content management software platform that enables scalable, efficient deployment of brand-compliant content for its large, diverse, and location-based clients. Spectrio was founded in 1986 and is based in Tampa, Florida.


DEAL STATS #
Overall 11 of 18
Sector (Communications) 1 of 1
Type (Add-on Acquisition) 10 of 17
State (Louisiana) 1 of 1
Country (United States) 11 of 16
Year (2020) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-30 LifeShare Technologies

Greenfield, Indiana, United States

LifeShare Technologies LLC is a senior living communication and engagement technology company. LifeShare communication platforms connect families, residents, and staff at senior living communities. LifeShare integrates community calendars, entertainment, activities, photos and videos, and messages into one simple online management portal. LifeShare Technologies LLC was founded in 2011 and is based in Greenfield, Indiana.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-09-03 Senior Living Media

Duluth, Georgia, United States

Senior Living Media is a senior living communication and engagement technology company. Senior Living Media is based in Duluth, Georgia.

Buy -