Tech Company M&A Transactions
ProfitLine Acquisition
ProfitLine was bought by Tangoe. The transaction occurred on 12/20/2011. The transaction price was $23.5 million.
Transaction Overview
Company Name
Acquired By
Announced On
12/20/2011
Transaction Type
M&A
Amount
$23,500,000
M&A Terms
$14.5 million will be paid up front and $4.5 million will beg paid each at 12 months and 18 months after Monday's close.
Company Information
Company Status
Acquired or Merged
Industry
Software
Mailing Address
9920 Pacific Heights Blvd. 200
San Diego, CA 92121
USA
San Diego, CA 92121
USA
Phone
Website
Email Address
Overview
ProfitLine is the premier provider of telecom expense management services for Fortune 1000 companies. The company's outsourced solution streamlines and manages the entire telecom lifecycle process for both wireline and wireless.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Bruce Schenck
Chief Operating Officer
David King
Chief Technical Officer
Eric Januszko
General Manager
Sheila Schmidt
VP - Marketing
Kathleen Glass
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