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Best Buy to purchase GreatCall for $800 million

August 22, 2018Spencer Ives

SAN DIEGO—Chicago-based PE firm GTCR recently announced that it has signed a definitive agreement to sell GreatCall to Best Buy for cash consideration of $800 million.GreatCall provides connected health and personal emergency response services devices to more than 900,000 subscribers across the United States. The company will maintain its headquarters here, as well as its Care Centers in Carlsbad, Calif., and Reno, Nev.“It was a truly strategic deal for both the company and the buyer—both...

Best Buy, Dave Donnini, David Inns, GreatCall, GTCR, Hubert Joly

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