Add-on Acquisition • Information Technology

Digerati Acquires Itellum Comunicaciones Costa Rica S.R.L

On January 22, 2019, Digerati acquired information technology company Itellum Comunicaciones Costa Rica S.R.L

Acquisition Context
  • This is Digerati’s 1st transaction in the Information Technology sector.
  • This is Digerati’s 1st transaction in Costa Rica.

Explore All 9673 Add-on Acquisition Information Technology Deals - Search the Database Free


M&A Deal Summary

Date January 22, 2019
Target Itellum Comunicaciones Costa Rica S.R.L
Sector Information Technology
Buyer(s) Digerati
Deal Type Add-on Acquisition

Target Company

Itellum Comunicaciones Costa Rica S.R.L

San Jose, Costa Rica
Itellum Comunicaciones Costa Rica S.R.L is a privately owned and operated internet and telecommunications company with a focus on US and Central American markets. Itellum emphasizes providing the highest quality of services, ranging from 1:1 international fiber optic networks, cloud, and unified voice services and other data-centric solutions.
Explore More Deals

Browse All 215,262 Deals

FILTER BY

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

Search Free

Buyer Overview 1

Buyer

Digerati

San Antonio, Texas, United States

Category Company
Founded 1993
Sector Information Technology
Employees78
Revenue 32M USD (2023)
DESCRIPTION

Digerati is a provider of cloud services specializing in UCaaS solutions for the SMB market. Through its operating subsidiary Verve Cloud, Inc. (vervecloud.com), the Company is meeting the global needs of small businesses seeking simple, flexible, reliable, and cost-effective communication and network solutions including, cloud PBX, cloud telephony, cloud WAN, cloud call center, cloud mobile, and the delivery of digital oxygen on its broadband network. Digerati was founded in 1993 and is based in San Antonio, Texas.


Deal Context for Buyer #
Overall 2 of 4
Sector: Information Technology 1 of 1
Type: Add-on Acquisition 2 of 4
Country: Costa Rica 1 of 1
Year: 2019 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-09 T3 Communications

Fort Myers, Florida, United States

T3 Communications, Inc. is a provider of cloud communication and broadband solutions in Southwest Florida. T3 is Southwest Florida’s local provider of quality communication services and solutions that maintains a 99% customer satisfaction rating. As an established provider, T3 has been exceeding the needs of a growing business community, enabling its customers to communicate and compete in the global market. T3’s robust offering of communication solutions is backed by cutting-edge technology, superior reliability and unrivaled support.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-09-24 Nexogy

Miami, Florida, United States

Nexogy, Inc. is a provider of unified communications as a service ("UCaaS") and managed services, offering a portfolio of cloud-based solutions to the small to medium-sized business market and serving over 1,500 business accounts and 14,000 users across various industries including Education, Health Care, Financial Services, and Real Estate. Nexogy is based in Miami, Florida.

Buy -