M&A Deal Summary

ARCOS Acquires TextPower

On June 25, 2024, ARCOS acquired communications company TextPower

Acquisition Highlights
  • This is ARCOS’s 1st transaction in the Communications sector.
  • This is ARCOS’s 4th transaction in the United States.
  • This is ARCOS’s 1st transaction in California.

M&A Deal Summary
Date 2024-06-25
Target TextPower
Sector Communications
Buyer(s) ARCOS
Deal Type Add-on Acquisition

Target

TextPower

San Juan Capistrano, California, United States
TextPower provides communications solutions that utilities enable utilities to alert, respond to, and connect with their customers and employees. The company's software and bi-directional text messaging services help hundreds of utilities enhance their revenues, decrease costs, and improve customer service through timely, automated outgoing messages and replies. TextPower is based in San Juan Capistrano, California.

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Buyer(S) 1

Buyer

ARCOS

Columbus, Ohio, United States
Category Company
Founded 1993
Sector Software
DESCRIPTION

ARCOS delivers SaaS solutions for managing resources, ensuring accurate, compliant shift scheduling, and automatically planning for all types of events. The ARCOS solution reports on the up-to-the-minute location and status of equipment and crews via mobile technology for utilities and other critical infrastructures like airlines, manufacturers, and industrial facilities. ARCOS was founded in 1993 and is based in Columbus, Ohio.

DEAL STATS #
Overall 4 of 4
Sector (Communications) 1 of 1
Type (Add-on Acquisition) 3 of 3
State (California) 1 of 1
Country (United States) 4 of 4
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-10 Treverity

Coppell, Texas, United States

Treverity platform combines and analyzes data in real time from systems to provide distribution control room, managers and executives with the situational awareness and insights. Treverity was founded in 2012 and is based in Coppell, Texas.

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