{"id":522,"date":"2023-04-12T09:00:00","date_gmt":"2023-04-12T09:00:00","guid":{"rendered":"https:\/\/globalmeet.wpenginepowered.com\/?p=522"},"modified":"2024-05-28T19:04:55","modified_gmt":"2024-05-28T19:04:55","slug":"innovative-investor-pivotal-group-acquires-assets-to-launch-one-of-countrys-largest-webcast-companies-globalmeet","status":"publish","type":"post","link":"https:\/\/www.globalmeet.com\/press-releases\/innovative-investor-pivotal-group-acquires-assets-to-launch-one-of-countrys-largest-webcast-companies-globalmeet\/","title":{"rendered":"Innovative Investor, Pivotal Group Acquires Assets to Launch One of Country\u2019s Largest Webcast Companies \u2013 GlobalMeet","gt_translate_keys":[{"key":"rendered","format":"text"}]},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"522\" class=\"elementor elementor-522\" data-elementor-post-type=\"post\">\n\t\t\t\t<section class=\"elementor-element elementor-element-1e04b7fe post-details-heading e-flex e-con-boxed e-con e-parent\" data-id=\"1e04b7fe\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-871acdd elementor-widget elementor-widget-theme-post-title elementor-page-title elementor-widget-heading\" data-id=\"871acdd\" data-element_type=\"widget\" data-widget_type=\"theme-post-title.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\"><a href=\"https:\/\/www.prnewswire.com\/news-releases\/innovative-investor-pivotal-group-acquires-assets-to-launch-one-of-countrys-largest-webcast-companies--globalmeet-301795970.html\" target=\"_blank\">Innovative Investor, Pivotal Group Acquires Assets to Launch One of Country\u2019s Largest Webcast Companies \u2013 GlobalMeet<\/a><\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-60c49e11 elementor-widget elementor-widget-post-info\" data-id=\"60c49e11\" data-element_type=\"widget\" data-widget_type=\"post-info.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul class=\"elementor-inline-items elementor-icon-list-items elementor-post-info\">\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item elementor-repeater-item-1017738 elementor-inline-item\" itemprop=\"author\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text elementor-post-info__item elementor-post-info__item--type-author\">\n\t\t\t\t\t\t\t<span class=\"elementor-post-info__item-prefix\">by<\/span>\n\t\t\t\t\t\t\t\t\t\tGlobalMeet Press Team\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t<li class=\"elementor-icon-list-item elementor-repeater-item-b20bc6e elementor-inline-item\" itemprop=\"datePublished\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text elementor-post-info__item elementor-post-info__item--type-date\">\n\t\t\t\t\t\t\t<span class=\"elementor-post-info__item-prefix\">,<\/span>\n\t\t\t\t\t\t\t\t\t\t<time>April 12, 2023<\/time>\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5b74312a elementor-share-buttons--view-icon elementor-share-buttons--skin-flat elementor-share-buttons--shape-circle elementor-share-buttons--color-custom elementor-grid-0 elementor-widget elementor-widget-share-buttons\" data-id=\"5b74312a\" data-element_type=\"widget\" data-widget_type=\"share-buttons.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-grid\" role=\"list\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-grid-item\" role=\"listitem\">\n\t\t\t\t\t\t<div class=\"elementor-share-btn elementor-share-btn_linkedin\" role=\"button\" tabindex=\"0\" aria-label=\"Share on linkedin\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-share-btn__icon\">\n\t\t\t\t\t\t\t\t<i class=\"fab fa-linkedin\" aria-hidden=\"true\"><\/i>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-grid-item\" role=\"listitem\">\n\t\t\t\t\t\t<div class=\"elementor-share-btn elementor-share-btn_facebook\" role=\"button\" tabindex=\"0\" aria-label=\"Share on facebook\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-share-btn__icon\">\n\t\t\t\t\t\t\t\t<i class=\"fab fa-facebook\" aria-hidden=\"true\"><\/i>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-grid-item\" role=\"listitem\">\n\t\t\t\t\t\t<div class=\"elementor-share-btn elementor-share-btn_twitter\" role=\"button\" tabindex=\"0\" aria-label=\"Share on twitter\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-share-btn__icon\">\n\t\t\t\t\t\t\t\t<i class=\"fab fa-twitter\" aria-hidden=\"true\"><\/i>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/section>\n\t\t<section class=\"elementor-element elementor-element-44c0226c post-details-body e-flex e-con-boxed e-con e-parent\" data-id=\"44c0226c\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-63b758d0 e-flex e-con-boxed e-con e-child\" data-id=\"63b758d0\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-67f8c68c elementor-widget elementor-widget-heading\" data-id=\"67f8c68c\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">The Phoenix Based Entrepreneurial Investment Firm Plans to Expand The Presence of GlobalMeet and Offerings<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-359a04cd elementor-widget elementor-widget-text-editor\" data-id=\"359a04cd\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span class=\"legendSpanClass\"><span class=\"xn-location\">PHOENIX<\/span><\/span>,\u00a0<span class=\"legendSpanClass\"><span class=\"xn-chron\">April 12, 2023<\/span><\/span>\u00a0\/PRNewswire\/ \u2014\u00a0The renowned and resourceful\u00a0<b><a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3834433-1&amp;h=1472610778&amp;u=https%3A%2F%2Fpivotalgroup.com%2F&amp;a=Pivotal+Group\" target=\"_blank\" rel=\"nofollow noopener\">Pivotal Group<\/a><\/b><b>,<\/b>\u00a0a\u00a0<span class=\"xn-location\">Phoenix<\/span>-based multi-strategy investor and leader in technology, real estate and other business investments, just announced a major asset acquisition of the country\u2019s premier interactive webcast company, which will launch under the name\u00a0<a href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3834433-1&amp;h=3255091087&amp;u=https%3A%2F%2Fwww.globalmeet.com%2F&amp;a=GlobalMeet\" target=\"_blank\" rel=\"nofollow noopener\">GlobalMeet<\/a>. The assets were previously a part of PGi, which was located in\u00a0<span class=\"xn-location\">Atlanta<\/span>.<\/p><p>\u00a0<\/p><p>The assets were purchased for an undisclosed 8-figure sum last week.\u00a0<\/p><p>\u00a0<\/p><p>Founded by\u00a0<span class=\"xn-person\">Francis Najafi<\/span>, who is part-owner of the Phoenix Suns, Pivotal Group has been an active investor in technology companies including: SnapNurse, Network Solutions, NX Systems, Global Capacity and Megapath. In addition to its technology investments, Pivotal Group envisioned, owns, and operates the internationally acclaimed Promontory, a luxury lifestyle mountain community located in\u00a0<span class=\"xn-location\">Park City, Utah<\/span>\u00a0offering its residents and members unparalleled access to exceptional and award-winning amenities for every season.<\/p><p>\u00a0<\/p><p>With expertise to assess complex investments, Pivotal Group focuses on opportunities and companies that lead in their market segments, show growth potential, and exhibit attractive margins. Pivotal funds its investments with internally generated capital, allowing speed, flexibility, and patience to deliver today\u2019s most innovative products and services to the market.<\/p><p>\u00a0<\/p><p>\u201cWe look for highly differentiated and unique platforms to invest in and partner with management. That\u2019s why we are thrilled to have acquired the assets that are now used to operate the GlobalMeet business,\u201d said\u00a0<span class=\"xn-person\">Francis Najafi<\/span>, Founder and CEO of Pivotal Group. \u201cThe global presence of GlobalMeet in the marketplace and its expected growth over the next decade is significant. We are elated to elevate the GlobalMeet business by expanding its offerings and footprint as a global leader in the webcast industry.\u201d\u00a0<\/p><p>\u00a0<\/p><p><span class=\"xn-person\">Michele Dobnikar<\/span>, President of GlobalMeet, commented, \u201cThe asset acquisition and deployment by Pivotal Group is a testament to GlobalMeet being the most scalable and secure interactive webcasting platform for any global company. We are excited by this new endeavor, enabling us to bring even greater levels of services to the world\u2019s largest companies as their go-to virtual event platform.\u201d<\/p><p>\u00a0<\/p><p>As the premium webcasting solution for large audiences or high-touch events, GlobalMeet is poised to accomplish the straight-forward goal of empowering people and businesses to communicate confidently. The company will strive to meet the ever-changing communications landscape with versatile technology and real-world expertise, focusing on executing polished, versatile communications at scale.<\/p><p>\u00a0<\/p><p>Under Pivotal Group, GlobalMeet looks to grow its footprint. Its services allow for live and on-demand \/ pre-recorded video and audio webcasts for up to 100,000+ attendees via a proprietary, scalable cloud platform. Five of the\u00a0<span class=\"xn-location\">USA\u2019s<\/span>\u00a0largest US banks will use GlobalMeet as their webcast company of choice. Similarly, 23% of the world\u2019s top 40 banks will use the GlobalMeet Webcast platform. It will also be used by numerous other businesses around the world.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-68187ed elementor-widget elementor-widget-text-editor\" data-id=\"68187ed\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>For media inquiries, please contact:\u00a0<span class=\"xn-person\">Jennifer Parks-Sturgeon<\/span>,\u00a0<a href=\"mailto:jparks-sturgeon@roseallynpr.com\" target=\"_blank\" rel=\"nofollow noopener\">jparks-sturgeon@roseallynpr.com<\/a><\/p><p>SOURCE The Pivotal Group<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-331e6823 primary-btn elementor-widget__width-auto elementor-widget elementor-widget-button\" data-id=\"331e6823\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"\/contact\/\" target=\"_blank\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Contact GlobalMeet<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false,"gt_translate_keys":[{"key":"rendered","format":"html"}]},"excerpt":{"rendered":"The renowned and resourceful Pivotal Group, a Phoenix-based multi-strategy investor and leader in technology, real estate and other business investments, just announced a major asset acquisition of the country\u2019s premier interactive webcast company, which will launch under the name GlobalMeet.","protected":false,"gt_translate_keys":[{"key":"rendered","format":"html"}]},"author":7,"featured_media":104,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[28],"tags":[],"class_list":["post-522","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-press-releases"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.3 (Yoast SEO v26.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Innovative Investor, Pivotal Group Acquires Assets to Launch One of Country\u2019s Largest Webcast Companies \u2013 GlobalMeet | GlobalMeet<\/title>\n<meta name=\"description\" content=\"Innovative investors, Pivotal Group, acquires assets to launch one of the country&#039;s largest webcast companies, GlobalMeet. 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