TalkPoint has been sold to PGi

Client: TalkPoint Holdings, LLC

Client Location: United States

Target: TalkPoint Holdings, LLC

Target Location: United States

Acquirer: Premiere Global Services, Inc.

Acquirer Location: United States

Target Description: TalkPoint Holdings is a U.S.-based provider of software as a service (SaaS) technology and voice and video conferencing services through the internet.

The Deal

“TalkPoint’s award-winning technology strengthens PGi’s suite of collaboration software and services and furthers our mission to help businesses improve productivity, accelerate innovation and increase revenue growth. The acquisition positions PGi as a clear leader in the high-growth, $500-plus million webcasting market,” said Boland T. Jones, PGi Founder, Chairman and Chief Executive Officer.

Our Perspective

“We worked closely with TalkPoint for 18 months in tailoring the company’s positioning and messaging around its differentiated technology in a space often viewed as commoditized, yet ripe for disruption.” Recalled Clark Spurrier, Managing Director at Lincoln. “The TalkPoint team had quietly built a leading browser-based communications platform that powered some of the largest lightweight webcasting products in the market, which posed significant challenges and a heightened need for discretion as to not disrupt key partnerships.”

“We are thrilled to be part of the success story that Nick and his team have built,” said Mark Yurko, Managing Director at Lincoln. “The TalkPoint transaction illustrates the innate confidentiality and flexibility of the process that we designed, and PGi represents a great home for the company that will enable preservation of key TalkPoint partnership relationships.”

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