M&A Deal Summary

Telrite Holdings Acquires Locus Telecommunications

On January 21, 2019, Telrite Holdings acquired communications company Locus Telecommunications

Acquisition Highlights
  • This is Telrite Holdings’ 2nd transaction in the Communications sector.
  • This is Telrite Holdings’ 2nd transaction in the United States.
  • This is Telrite Holdings’ 2nd transaction in New Jersey.

M&A Deal Summary
Date 2019-01-21
Target Locus Telecommunications
Sector Communications
Buyer(s) Telrite Holdings
Deal Type Add-on Acquisition

Target

Locus Telecommunications

Fort Lee, New Jersey, United States
website
Locus Telecommunications LLC is a provider of long-distance wireless services. The company delivers reliable access to advanced, affordable telecommunications products and services that meet customer's needs at home and around the globe.

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Buyer(S) 1

Buyer

Telrite Holdings

Covington, Georgia, United States

website

Category Company
Sector Communications
DESCRIPTION

Telrite Holdings, Inc. is a telecom provider offering service to a broad spectrum of customers with specific needs.

DEAL STATS #
Overall 2 of 2
Sector (Communications) 2 of 2
Type (Add-on Acquisition) 2 of 2
State (New Jersey) 2 of 2
Country (United States) 2 of 2
Year (2019) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-21 h2o Wireless

Fort Lee, New Jersey, United States

h2o Wireless a wireless division company concentrating on offering no-contract, nationally-recognized wireless products and services. For almost a quarter century, The company has consistently provided innovative, reliable, high-quality products, services, and outstanding customer care. h2o Wireless sets apart from the competition by offering a comprehensive suite of latest technologies and flexible yet simple services.

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