M&A Deal Summary

SKC Communication Acquires Technology Solutions Group

On June 30, 2017, SKC Communication acquired information technology company Technology Solutions Group from TTEC

Acquisition Highlights
  • This is SKC Communication’s 1st transaction in the Information Technology sector.
  • This is SKC Communication’s 1st transaction in the United States.
  • This is SKC Communication’s 1st transaction in Illinois.

M&A Deal Summary

Date 2017-06-30
Target Technology Solutions Group
Sector Information Technology
Buyer(s) SKC Communication
Sellers(s) TTEC
Deal Type Divestiture

Target

Technology Solutions Group

Aurora, Illinois, United States
Technology Solutions Group, Inc. designs, delivers and manages world-class communication and cloud solutions for both large enterprises and small and medium businesses across numerous industries, with a strong presence in the healthcare vertical. TSG’s offerings span enterprise mobility, customer self-service and customer management environments enabling companies to accelerate growth and benefit from more satisfied customers, more intelligent processes and a more engaged and productive workforce.

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Buyer(S) 1

Buyer

SKC Communication

Shawnee Mission, Kansas, United States

Category Company
Founded 1986
Sector Technology Hardware
DESCRIPTION

SKC Communications designs, builds, and manages technology for unified collaboration using A/V, UC, cloud voice, and headsets to seamlessly collaborate, communicate, and connect. SKC develops long-standing business relationships by exceeding customer expectations and providing unparalleled service and support. SKC Communication was formed in 1986 and is based in Shawnee Mission, Kansas.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Illinois M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2017 M&A 1 of 1

Seller(S) 1

SELLER

TTEC

Greenwood Village, Colorado, United States

Category Company
Founded 1982
Sector Business Services
Employees52,000
Revenue 2.2B USD (2024)
DESCRIPTION
Entrance to TeleTech's corporate headquarters in Englewood, Colorado.
Entrance to TeleTech's corporate headquarters in Englewood, Colorado.

TTEC is a customer engagement management service provider that delivers integrated consulting, technology, growth and customer care solutions. TTEC was founded in 1982 and is based in Greenwood Village, Colorado.


DEAL STATS #
Overall 2 of 2
Sector: Information Technology M&A 1 of 1
Type: Divestiture M&A Deals 2 of 2
State: Illinois M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2017 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-04 Connextions

Orlando, Florida, United States

Connextions, Inc. is a pre-eminent technology and business services partner to the health care industry, helps carriers, providers, employers and other leading firms maximize revenue and increase efficiencies by optimizing customer experience. Connextions was formed in 1996 and is based in Orlando, Florida.

Buy $80M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-08 Motif

San Mateo, California, United States

Motif, Inc. is a digital trust and safety services company. Motif provides knowledge process outsourcing, fraud prevention and back office support services for businesses. Motif, Inc. was established in 2000 and is based in San Mateo, California.

Buy -