CHV Capital: magicJack Announces Agreement to Acquire Premier UCaaS Provider Broadsmart

Leading hosted UCaaS provider for medium-to-large enterprise customersHighly profitable operations with 30%+ Operating and 35%+ EBITDA margins in 2015 Forecasting 20%+ year-over-year growth in sales in 2016Purchase price of $40 million, consisting of $38 million in cash and $2 million of stockTwo founders to remain with the business as CEO and President, respectivelyWEST PALM BEACH, Fla.