West Corporation Acquires GroupCast / SchoolReach

February 19, 2015

West Corporation (NASDAQ:WSTC) acquired assets from GroupCast, LLC, including the GroupCast and SchoolReach businesses, for approximately $13.5 million in cash. The SchoolReach business will be combined with West's SchoolMessenger offering as part of its Unified Communication segment; the sale was driven in part by a founding partner's planned retirement.

Buyers
West Corporation
Targets
GroupCast, LLC, SchoolReach
Sellers
GroupCast, LLC (owners/founding partners)
Industry
Education
Location
Missouri, United States
Transaction Type
Buyout

Explore More

Related Acquisitions

Track M&A activity that matters to you

Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.