M&A Deal Summary

IT Voice Acquires Presidium Network Services

On January 29, 2020, IT Voice acquired information technology company Presidium Network Services

Acquisition Highlights
  • This is IT Voice’s 2nd transaction in the Information Technology sector.
  • This is IT Voice’s 2nd transaction in the United States.
  • This is IT Voice’s 1st transaction in Florida.

M&A Deal Summary

Date 2020-01-29
Target Presidium Network Services
Sector Information Technology
Buyer(s) IT Voice
Deal Type Add-on Acquisition

Target

Presidium Network Services

Lakeland, Florida, United States
Presidium Network Services is an IT service provider. Presidium Network provides managed IT services, cloud computing, VoIP phone services, and disaster recovery. Presidium Network Services was founded in 2006 and is based in Lakeland, Florida.

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Buyer(S) 1

Buyer

IT Voice

Birmingham, Alabama, United States

Category Company
Founded 1983
Sector Communications
DESCRIPTION

IT Voice designs, implements and maintains business telephone systems, internet phone lines, business servers, cloud computing, and mobile devices. IT Voice was founded in 1983 and is based in Birmingham, Alabama.


DEAL STATS #
Overall 2 of 4
Sector: Information Technology M&A 2 of 4
Type: Add-on Acquisition M&A Deals 2 of 4
State: Florida M&A 1 of 1
Country: United States M&A 2 of 4
Year: 2020 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-29 RevTel

Dayton, Tennessee, United States

VOLstate, Inc. is provider of IT services for communication industry. VOLstate is based in Dayton, Tennessee.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-11-01 Jaekle Group

Macedonia, Ohio, United States

Jaekle Group is a provider of managed IT services and technology solutions. TJG provides Cleveland businesses with world-class IT support that makes doing business easy with frustration-free IT. Jaekle Group was founded in 1996 and is based in Macedonia, Ohio.

Buy -