Venture • Communications

Anzu Partners Invests In iTel Networks

On June 1, 2020, growth capital firm Anzu Partners invested in communications company iTel Networks

Investment Context
  • This is Anzu Partners’ 1st transaction in the Communications sector.
  • This is Anzu Partners’ 2nd transaction in Canada.
  • This is Anzu Partners’ 1st transaction in British Columbia.

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Investment Summary

Date June 1, 2020
Target iTel Networks
Sector Communications
Investor(s) Anzu Partners
Deal Type Venture

Target Company

iTel Networks

Kamloops, British Columbia, Canada
iTel Networks is a national provider of business services, including voice, connectivity, networking, and cloud. As a converged network company, iTel harness the power of every Canadian carrier and every technology to create an affordable network solution for any sized business – in even the most remote locations across Canada and the US. iTel Networks is based in Kamloops, British Columbia.
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Investor Overview 1

Investor

Anzu Partners

Investor Investor Investor Investor Investor


Category Growth Capital Firm
Founded 2014
PE ASSETS 1.0B USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Anzu Partners is a venture capital and private equity firm that looks to develop and commercialize technological advancements in manufacturing, materials, monitoring/measurement, and modeling. This includes 3D printing, robotics, nanotechnology, composites, sensors, AI, and analytics. Anzu Partners was formed in 2014 and is headquartered in Boston, Massachusetts.


Deal Context for Investor #
Overall 16 of 36
Sector: Communications 1 of 1
Type: Venture 16 of 32
State: British Columbia 1 of 1
Country: Canada 2 of 3
Year: 2020 2 of 9
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