M&A Deal Summary

COMSovereign Acquires Virtual Network Communications

On February 27, 2020, COMSovereign acquired communications company Virtual Network Communications

Acquisition Highlights
  • This is COMSovereign’s 1st transaction in the Communications sector.
  • This is COMSovereign’s 1st transaction in the United States.
  • This is COMSovereign’s 1st transaction in Virginia.

M&A Deal Summary

Date 2020-02-27
Target Virtual Network Communications
Sector Communications
Buyer(s) COMSovereign
Deal Type Add-on Acquisition

Target

Virtual Network Communications

Chantilly, Virginia, United States
Virtual Network Communications, Inc. is a developer of fixed and mobile broadband communications solutions for wireless networks operated by commercial, enterprise, government and defense customers.

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Buyer(S) 1

Buyer

COMSovereign

Tucson, Arizona, United States

Category Company
Founded 2014
Sector Communications
Employees25
Revenue 10M USD (2022)
DESCRIPTION

COMSovereign has assembled a portfolio of communications technology companies that enhance connectivity across the entire data transmission spectrum. Through strategic acquisitions and organic research and development efforts, COMSovereign has become a U.S.-based communications provider able to provide 4G LTE Advanced and 5G-NR telecom solutions to network operators and enterprises. ComSovereign was founded in 2014 and is headquartered in Tucson, Arizona.


DEAL STATS #
Overall 1 of 9
Sector (Communications) 1 of 4
Type (Add-on Acquisition) 1 of 8
State (Virginia) 1 of 1
Country (United States) 1 of 6
Year (2020) 1 of 3
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-03-19 Fast Plastics Parts

Colorado Springs, Colorado, United States

Fast Plastics Parts is a manufacturing company that houses a full-production machine shop, a comprehensive line of state-of-the-art plastic injection molding machinery as well as light-assembly fulfillment and packaging lines serving customers 24x7.

Buy -