M&A Deal Summary

Voice Comm Acquires Tessco’s Retail Division Assets

On October 29, 2020, Voice Comm acquired retailer Tessco’s Retail Division Assets from TESSCO Technologies

Acquisition Highlights
  • This is Voice Comm’s 1st transaction in the Retail sector.
  • This is Voice Comm’s 1st transaction in the United States.
  • This is Voice Comm’s 1st transaction in Maryland.

M&A Deal Summary
Date 2020-10-29
Target Tessco’s Retail Division Assets
Sector Retail
Buyer(s) Voice Comm
Sellers(s) TESSCO Technologies
Deal Type Divestiture

Target

Tessco’s Retail Division Assets

Hunt Valley, Maryland, United States
Tessco’s Retail Division Assets is a mobile accessory retailer that including the Ventev Mobile Device Accessories Brand.

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Buyer(S) 1

Buyer

Voice Comm

Pennsauken, New Jersey, United States

website

Category Company
Sector Business Services
DESCRIPTION

VoiceComm is a provider of supply chain management solutions for mobile device accessories to wireless retailers. VoiceComm is based in Pennsauken, New Jersey.

DEAL STATS #
Overall 1 of 1
Sector (Retail) 1 of 1
Type (Divestiture) 1 of 1
State (Maryland) 1 of 1
Country (United States) 1 of 1
Year (2020) 1 of 1

Seller(S) 1

SELLER

TESSCO Technologies

Hunt Valley, Maryland, United States

website

Category Company
Founded 1982
Sector Technology Hardware
Employees530
Revenue 418M USD (2022)
DESCRIPTION

TESSCO Technologies is an entity which makes wireless works. TESSCO Technologies enables organizations to capitalize on these opportunities while providing an extraordinary business experience. Company deliver the knowledge, product and supply-chain solutions required to build, use, and resell wireless voice, data and video systems. TESSCO Technologies was founded in 1982 and is based in Hunt Valley, Maryland.

DEAL STATS #
Overall 1 of 1
Sector (Retail) 1 of 1
Type (Divestiture) 1 of 1
State (Maryland) 1 of 1
Country (United States) 1 of 1
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-03-05 GigaWave Technologies

San Antonio, Texas, United States

GigaWave Technologies, Ltd. provides instructor-led wireless local area network (WLAN) training, curriculum development and hand-on, lab certification development, and wireless services for the WLAN industry.

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