M&A Deal Summary

Granite Telecommunications Acquires EPIK

On June 3, 2021, Granite Telecommunications acquired communications company EPIK

Acquisition Highlights
  • This is Granite Telecommunications’ 1st transaction in the Communications sector.
  • This is Granite Telecommunications’ 1st transaction in the United States.
  • This is Granite Telecommunications’ 1st transaction in California.

M&A Deal Summary

Date 2021-06-03
Target EPIK
Sector Communications
Buyer(s) Granite Telecommunications
Deal Type Add-on Acquisition

Target

EPIK

Mission Viejo, California, United States
EPIK delivers POTS replacement capability using 4G LTE using PoLTE, instead of over copper telephone lines. It replaces current analog lines, without all the headaches and high costs of dealing with end-of-life POTS issues. EPIK is based in Mission Viejo, California.

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Buyer(S) 1

Buyer

Granite Telecommunications

Quincy, Massachusetts, United States

Category Company
Founded 2002
Sector Communications
DESCRIPTION

Granite Telecommunications delivers one-stop communications solutions to multilocation businesses and government agencies throughout the United States and Canada. Granite provides a range of advanced business communications services, including SD-WAN, wireless WAN, hosted PBX, SIP trunking, POTS replacement, mobile voice and data, mobile device management, managed security, network integration and more. Granite Telecommunications was founded in 2002 and is based in Quincy, Massachusetts.


DEAL STATS #
Overall 1 of 1
Sector: Communications M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2021 M&A 1 of 1