M&A Deal Summary

CPT Network Solutions Acquires MConnect

On December 1, 2022, CPT Network Solutions acquired communications company MConnect

Acquisition Highlights
  • This is CPT Network Solutions’ 1st transaction in the Communications sector.
  • This is CPT Network Solutions’ 1st transaction in the United States.
  • This is CPT Network Solutions’ 1st transaction in Florida.

M&A Deal Summary
Date 2022-12-01
Target MConnect
Sector Communications
Buyer(s) CPT Network Solutions
Deal Type Add-on Acquisition

Target

MConnect

Longwood, Florida, United States
MConnect provides business and residential carrier services through private cable operators (PCO's) and a national reseller channel with focus on senior living facilities and multi-family properties. MConnect was founded in 2004 and is based in Longwood, Florida.

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Buyer(S) 1

Buyer

CPT Network Solutions

Wood Dale, Illinois, United States
Category Company
Founded 2002
Sector Information Technology
DESCRIPTION

CPT Network Solutions is a technology services provider to the enterprise market. Specializing in implementation and break-fix repair of voice, data, surveillance, electrical, Access Control, IoT, and POS systems for National Retailers, Senior Living, Hospitality, Consumer Services, and multi-site organizations with a geographically dispersed footprint. CPT Network Solutions was founded in 2002 and is based in Wood Dale, Illinois.

DEAL STATS #
Overall 1 of 1
Sector (Communications) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Florida) 1 of 1
Country (United States) 1 of 1
Year (2022) 1 of 1
Mergr

Product

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