M&A Deal Summary

Beam Acquires Telcom

On September 5, 2024, Beam acquired engineering company Telcom

Acquisition Highlights
  • This is Beam’s 1st transaction in the Engineering sector.
  • This is Beam’s 2nd transaction in Serbia.

M&A Deal Summary
Date 2024-09-05
Target Telcom
Sector Engineering
Buyer(s) Beam
Deal Type Add-on Acquisition

Target

Telcom

Beograd, Serbia
Telcom is involved in electrical engineering, product development, and manufacturing capabilities. The company focused on power electronics and the integration of renewables and energy storage. Telcom was formed in 1990 and is based in Beograd, Serbia.

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Buyer(S) 1

Buyer

Beam

San Diego, California, United States
Category Company
Founded 2006
Sector Renewable Energy
Employees29
Revenue 6.2B USD (2020)
DESCRIPTION

Beam is a provider of innovative sustainable technology for electric vehicle (EV) charging, outdoor media, and energy security. Beam develops, patents, designs, engineers, and manufactures unique and advanced renewably energized products that save customers time and money, protect the environment, empower communities and keep people moving. Beam was founded in 2006 and is based in San Diego, California.

DEAL STATS #
Overall 3 of 3
Sector (Engineering) 1 of 1
Type (Add-on Acquisition) 3 of 3
Country (Serbia) 2 of 2
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-10-10 Amiga

Kraljevo, Serbia

Amiga provides engineering, product development, and manufacturing services. Amiga was founded in 1990 and is based in Kraljevo, Serbia.

Buy €10M
Mergr

Product

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