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New Deal


Announced

Completed

B. Riley-backed Lingo Management completed the acquisition of BullsEye Telecom.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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cloud communications

Domestic

Friendly

cloud technology

Single Bidder

Digital Services

Completed

single source communications

Acquisition

Private

Majority

United States

Synopsis

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B. Riley-backed Lingo Management, a global business cloud communications and managed services provider based in Atlanta, completed the acquisition of BullsEye Telecom, a single-source, cloud communications and technology service provider. Financial terms were not disclosed. "The addition of BullsEye continues our principal investments approach and offers further revenue diversification and cashflows for B. Riley. This acquisition aligns with our long-stated intention to continue to use our platform of services and capabilities to source proprietary opportunities that can generate additional recurring revenue and stable EBITDA," Bryant Riley, B. Riley Financial Chairman and Co-CEO.

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