M&A Deal Summary

IElement Acquires Texas Hometel

On October 9, 2006, IElement acquired communications company Texas Hometel

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

M&A Deal Summary

Date 2006-10-09
Target Texas Hometel
Sector Communications
Buyer(s) IElement
Deal Type Add-on Acquisition

Target

Texas Hometel

Dallas, Texas, United States
Texas Hometel, Inc. is a provider of telecommunication services,

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Buyer(S) 1

Buyer

IElement

New Hampshire, United States

Category Company
Sector Communications
DESCRIPTION

IElement Corp. is a communications service provider that offers state-of-the-art telecommunications services to small and medium sized businesses ("SMBs").


DEAL STATS #
Overall 1 of 1
Sector: Communications M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Texas M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2006 M&A 1 of 1