Boxlight Corporation Acquires FrontRow Calypso LLC

January 5, 2022

Boxlight Corporation (Nasdaq: BOXL) has completed the acquisition of FrontRow Calypso LLC, a Petaluma-based provider of classroom audio, campus communication and AV control solutions. The deal was financed in part by a $68.5 million credit facility from WhiteHawk Finance, which also refinanced existing debt and provided working capital; Boxlight expects FrontRow to contribute roughly $30 million in sales and $7 million in EBITDA for fiscal 2022.

Buyers
Boxlight Corporation
Targets
FrontRow Calypso LLC, FrontRow
Industry
Education
Location
California, United States
Transaction Type
Buyout

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