M&A Deal Summary

Vonage Acquires Aptela

On August 23, 2011, Vonage acquired internet software and services company Aptela from JMI Equity

Acquisition Highlights
  • This is Vonage’s 1st transaction in the Internet Software and Services sector.
  • This is Vonage’s 1st transaction in the United States.
  • This is Vonage’s 1st transaction in Virginia.

M&A Deal Summary
Date 2011-08-23
Target Aptela
Sector Internet Software and Services
Buyer(s) Vonage
Sellers(s) JMI Equity
Deal Type Add-on Acquisition

Target

Aptela

Herndon, Virginia, United States
Aptela, Inc. is a business VoIP and hosted communications provider, delivering unique capabilities for today’ s increasingly mobile professionals. Aptela’ s communication solutions offer unmatched flexibility and superb ease of use, without maintenance hassles. Aptela raises the bar over IP Centrex and other hosted options with its cutting-edge technology and proven reliability.

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Buyer(S) 1

Buyer

Vonage

Holmdel, New Jersey, United States
Category Company
Founded 2000
Sector Communications
Revenue 1.4B USD (2021)
DESCRIPTION
Vonage office in Atlanta, Georgia.
Vonage office in Atlanta, Georgia.

Vonage is a provider of communications services connecting individuals through cloud-connected devices worldwide. Vonage's technology serves approximately 2.3 million subscribers. Vonage was formed in 2000 and is based in Holmdel, New Jersey.

DEAL STATS #
Overall 1 of 10
Sector (Internet Software and Services) 1 of 6
Type (Add-on Acquisition) 1 of 8
State (Virginia) 1 of 2
Country (United States) 1 of 7
Year (2011) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-10-10 Vocalocity

Atlanta, Georgia, United States

Vocalocity, Inc. is a SaaS-based communications provider to small and medium businesses.

Buy $130M

Seller(S) 1

SELLER

JMI Equity

La Jolla, California, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1992
PE ASSETS 7.5B USD
Size Mega
Type Sector Focused
DESCRIPTION

JMI Equity is a private equity firm focused on investments in software, internet, business service, and healthcare IT. Targeted businesses typically help automate and optimize business and information technology processes. The Firm will consider investments at all stages of development, including early-stage companies, self-funded businesses requiring growth capital, and later stage businesses in need of buyout or recapitalization funding. JMI looks to commit at least $10 million per transaction. JMI Equity was formed in 1992 and maintains offices in San Diego and Baltimore.

DEAL STATS #
Overall 48 of 106
Sector (Internet Software and Services) 2 of 22
Type (Add-on Acquisition) 35 of 67
State (Virginia) 3 of 8
Country (United States) 45 of 94
Year (2011) 6 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-07-26 Seismic Micro-Technology

Houston, Texas, United States

Seismic Micro-Technology, Inc. is a provider of Windows-based geophysical and geological interpretation software for the upstream exploration and production (E&P) industry.

Sell $500M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-08-30 DoubleVerify

New York, New York, United States

DoubleVerify is a provider of online media verification, offering a comprehensive suite of advertising verification monitoring, blocking and compliance solutions. DoubleVerify was incorporated in 2008 and is based in New York, New York.

Buy -
Mergr

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