St. Louis private equity firm Thompson Street Capital Partners joined with management to recapitalize New York City-based IT managed services firm BCM One. Thompson Street also concurrently acquired SIPTRUNK/SIP.US, an Alpharetta, Georgia-based company that provides Session Initiation Protocol, or SIP, technology enabling internet-based communications. SIP.US was founded by Michael Rand and Marc Fribush.
Read MoreIn a transaction the Malibu, California-based company calls the first of its kind, WTG will merge with NeoCloud, a North Carolina-based cloud service provider. The cloud commerce platform AppDirect is acquiring both WTG and NeoCloud to create a new unit called AppSmart.
Read MoreTelarus has joined forces with fellow master agent CarrierSales to capture more mindshare with the largest carriers and to boost its cloud and mobility expertise. The all-stock deal will create one of the nation’s largest master agencies, with annual revenue of $85M and monthly new sales generated to our network, cloud, and UCaaS suppliers of over $1.5M.
Read MoreScanSource, Inc. (NASDAQ: SCSC), a leading global provider of technology products and solutions, today announced a definitive agreement to acquire Intelisys Communications, Inc., the industry-leading technology services distributor of business telecommunications and cloud services. With 2015 gross commissions of $120 million, Intelisys distributes services for the world’s leading telecom carriers, cable companies, cloud services providers and technology partners through the channel’s top producing sales partners.
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