Industry News

ComputerTalk's Latest News On Pharmacy Technology And Management

West Corporation Acquired by Apollo Global Management 

Jun 2017

West Corporation, a global provider of communication and network infrastructure services, has announced it has entered into a definitive agreement with affiliates of certain funds managed by affiliates of Apollo Global Management, LLC pursuant to which the Apollo funds will acquire all of the outstanding shares of West common stock.

The West Board of Directors has unanimously approved the agreement with the Apollo funds and recommends that West stockholders vote in favor of the proposed transaction. 

“We are pleased to reach this agreement with the Apollo funds, which follows a comprehensive review of alternatives initiated by West’s Board of Directors in November,” said Tom Barker, Chairman and Chief Executive Officer of West. “We believe this transaction achieves our goal of maximizing value for West stockholders and positions the Company for continued success. Apollo values our team, assets and vision for the future. We look forward to working closely with Apollo as we continue to grow and strengthen our business.”

Mr. Barker continued, “We began this process with the acknowledgement of the disparate trends in our various businesses. Over the past six months, we have evaluated a wide range of strategic and financial alternatives, including the sale or separation of assets; various balance sheet options; as well as continuing to operate under our current structure. We believe strongly that the transaction we are announcing today is the best outcome for our stockholders, employees and customers.”

“We are extremely excited for our funds to acquire West,” said Matthew Nord, Senior Partner at Apollo. “West is the leader in global conferencing and collaboration services, and is well-positioned to capitalize on customer migration to cloud-based solutions and continue to grow its Safety Services, Interactive Services and Health Advocate Solutions businesses. We look forward to working with West’s talented and dedicated team to continue the strong heritage of providing the highest-level of service and care to its customers.”

Trackback Link

Post has no trackbacks.

Recent Posts


APhA HIT ONC Integra Patient record PDMP Returns Management Inventory Purchasing EHR Cardinal Health PerceptiMed Clinical Care Secure Patient Information Exchange Compliance packaging HIMSS Pouch Packaging Robotics Good Neighbor Pharmacy Prior authorization Pharmacy Awards NARxCHECK eMAR Prescription Drug Safety Award Clinic pharmacy Reverse Logistics Pharmacy School RxWiki Pharmacist of the Year Pharmacy in Politics Patient Care West Communications TCGRx CoverMyMeds PDMP TTAC CIIs Innovation QS/1 National chains PharmSaver Conferences Pharmacy of the Year PMP Patient messaging FDS, Inc. HIT Standards Creative Pharmacist Health Mart 340B Med Sync Workflow Buying Groups McKesson Drug Company FSMB ePA NCPIE Multidose cards Patient Engagement Pace Alliance Independent Pharmacy Preceptor Development IVR Kinney Drugs 21st Century CURES Act Long-term Care Rx30 Med Management scripClip NIEM Final Rule TeleManager Technologies Medicine Shoppe Script Management Partners Town hall Federal Register Revenue Continuing Education Prescription Drug Monitoring PrescribeWellness Clinical services billing Enhanced Medication Services (EMS) Chain Pharmacy GPO Plan Ahead Calendar Pack4U Pharmacy ownership IPC NACDS TSE Updox PHSI CareClinic PrimeCare Tim Kosty Pharmacy retail Automation Outcomes-based care Opioid research Point of Sale Pharmacogenetics HRSA Document management Business management Federal Health Architecture (FHA) Analytics Provider Status Ateb Delivery Optimization McKesson MTM e-Prior Auth Omnicell vTLD Immunization Reporting Trade Shows Adherence Capsa McKesson ideaShare 2017 NABP New Hires J M Smith NCSBN CE SoftWriters Patient Education AmerisourceBergen ThoughtSpot 2017 People News Don Dietz Secure Messaging e-Commerce Customer Conference Bartell mobile apps Will-Call Automation Datarithm SynMed Marketing NCPA Fred's Inc. RxMedic Blister Cards Top-Level Domains Workshop Professional Achievement NACDS DIR HHS Pharmacist eCare Tri-Regulator Collaborative Unit-dose dispensing Catalyst Healthcare Social Media Podcasts Inventory management Inventory automation Delivery Management Retail Management Solutions IIS Cardinal RBC Advocacy Outcomes ScriptPro Medication Carts Pharmacy Quality Mergers Mobile Computing Cart PDMP Interconnect Surescripts e-Prescribing Kaiser Permanente Operations Excellence AmerisourceBergen Qualanex


GSL Intellicab