Joya Communications, Inc.
Classification
Private
Financials
Revenue & Profit
Valuation
Ratios
People
Deals
M&A2024-03-15Completed
Investor Sponsors NorthBridge PE | Stake Tags 100% |
Deal Amount $120M | Is PE deal Yes |
Target Company Valuation $1.20 MM | Is deal PE backed Yes |
Techniques Acquisition of Assets, Taken Private | Total Acquired 100% |
Investor Sponsors
Deal Amount
$120M
Target Company Valuation
$1.20 MM
Techniques
Acquisition of Assets, Taken Private
Stake Tags
100%
Is PE deal
Yes
Is deal PE backed
Yes
Total Acquired
100%
Secondary Transaction2023-09-01Canceled
Investor Sponsors -- | Stake Tags Majority |
Deal Amount Undisclosed | Is PE deal No |
Target Company Valuation -- | Is deal PE backed Yes |
Techniques Secondary Sale, Management Buy-out (MBO) | Total Acquired 65% |
Investor Sponsors
--
Deal Amount
Undisclosed
Target Company Valuation
NaN
Techniques
Secondary Sale, Management Buy-out (MBO)
Stake Tags
Majority
Is PE deal
No
Is deal PE backed
Yes
Total Acquired
65%
Funding
About
About
Joya Communications is a technology company specializing in innovative communication solutions, best known for its flagship product, Marco Polo. The company's mission is to make it easy for people to stay connected and share moments through their user-friendly video messaging platform. Product/Service Line Breakdown: 1, Marco Polo App: A video messaging app that allows users to send video messages (or "Polos") to individuals or groups, combining the convenience of text messaging with the expressiveness of video. 2. Marco Polo Plus: A subscription service that offers premium features such as enhanced video quality, voice-only Polos, custom emojis, and additional privacy settings. 3. Marco Polo Channels: A feature for creating and sharing video content with a larger audience, useful for influencers, educators, and businesses to engage with followers. 4. Marco Polo Support and Community Engagement: Resources and support for users, including customer service, FAQs, and community guidelines to ensure a positive user experience.
Keywords
Keywords
Classified
Private