M&A Deal Summary

DCI – Design Communications Acquires EthoStream

On March 29, 2017, DCI – Design Communications acquired communications company EthoStream from Telkonet

Acquisition Highlights
  • This is DCI – Design Communications’ 1st transaction in the Communications sector.
  • This is DCI – Design Communications’ 1st transaction in the United States.
  • This is DCI – Design Communications’ 1st transaction in Wisconsin.

M&A Deal Summary

Date 2017-03-29
Target EthoStream
Sector Communications
Buyer(s) DCI – Design Communications
Sellers(s) Telkonet
Deal Type Divestiture

Target

EthoStream

Milwaukee, Wisconsin, United States
EthoStream LLC is a provider of High Speed Internet Access technologies for the Hospitality, Student Living, and MDU/MTU markets. EthoStream prides itself on professional network design, installation, certification and support. Its cloud management platform connects and support over 40 million users annually and provides owners and operators with key insight into their networks. EthoStream is headquartered in Milwaukee, Wisconsin and has offices throughout the United States. EthoStream, LLC was founded in 2001 and is headquartered in Milwaukee, Wisconsin.

Search 200,500 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

DCI – Design Communications

Garden City, New York, United States

Category Company
Founded 1989
Sector Information Technology
DESCRIPTION

DCI – Design Communications is a managed services IT provider of high speed Internet access, data, hosted voice, phone/telecommunication and unified communications solutions. The company’s comprehensive offering includes networking, analog and IP guest room telephone, converged IP system, wireless, wireless site surveys and design, call accounting and voice mail system, IPTV and security cabling bandwidth management and reporting, television system, distributed antenna, tiered guest Internet bandwidth, guest mobility and Internet management, and low voltage technology system solutions. DCI – Design Communications was founded in 1989 and is headquartered in Garden City, New York.


DEAL STATS #
Overall 1 of 1
Sector (Communications) 1 of 1
Type (Divestiture) 1 of 1
State (Wisconsin) 1 of 1
Country (United States) 1 of 1
Year (2017) 1 of 1

Seller(S) 1

SELLER

Telkonet

Milwaukee, Wisconsin, United States

Category Company
Founded 1977
Sector Energy Services and Equipment
Employees99
Revenue 12M USD (2012)
DESCRIPTION

Telkonet, Inc. offers EcoSmart energy management technology as well as EthoStream high-speed Internet access solutions. Both product lines satisfy Telkonet's commitment to product innovation and technological expertise, and have been installed in several hundred thousand rooms worldwide.


DEAL STATS #
Overall 1 of 1
Sector (Communications) 1 of 1
Type (Divestiture) 1 of 1
State (Wisconsin) 1 of 1
Country (United States) 1 of 1
Year (2017) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-03-15 Smart Systems International

Las Vegas, Nevada, United States

Smart Systems International, Inc. is a designer and marketer of intelligent energy management systems principally for heating and air conditioning control in commercial and residential buildings, including guest rooms in hotels, public housing projects, condominiums, schools, and office buildings. The SSI system uses a motion detector to determine when a room is vacant, then employs a sophisticated algorithm along with other thermodynamic sensing devices to determine how far the room's temperature can be allowed to vary from the thermostat setting while still permitting restoration to the desired temperature within a prescribed number of minutes from the time the room is reoccupied.

Buy $7M