Announced
Completed
Financials
Tags
cloud communications
Domestic
Friendly
cloud technology
Single Bidder
Digital Services
Completed
single source communications
Acquisition
Private
Majority
United States
Synopsis
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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