AGC Partners Advises EasyLink Services on its Sale to ICC

Transaction Details

America's Growth Capital is pleased to announce that its client, EasyLink Services Corporation (EasyLink) (NasdaqCM:EASY), a leading global provider of outsourced business process automation services, has signed a definitive agreement to be acquired by Internet Commerce Corporation (ICC) (NasdaqCM:ICCA), a leader in providing business-to-business e-commerce solutions. Under the terms of the agreement, ICC will pay $5.80 per share in cash in exchange for each share of EasyLink, for an aggregate purchase price of approximately $67 million. When America's was hired in December of 2006, EasyLink's stock was trading at $2.55 per share. This acquisition price represents a 127% increase. With a team led by Ben Howe and Rudy Minar, America's was sole financial advisor to EasyLink.

AGC Partners Advises EasyLink Services on its Sale to ICC

Testimonial

We are pleased with the deal; the team at AGC did a great job in helping us explore our alternatives and getting us to a transaction that is in the best interest of our customers, employees and shareholders.

Tom Murawski, Chairman and CEO of EasyLink

Related Transactions

Strategic
2013
Venture Capital
2009
Strategic
2005
Strategic
2006

Related Insights

Get in touch and experience the AGC difference