M&A Deal Summary

LDMI Telecommunications Acquires Ideal Technology Solutions U.S.

On December 17, 2000, LDMI Telecommunications acquired information services company Ideal Technology Solutions U.S.

Acquisition Highlights
  • This is LDMI Telecommunications’ 1st transaction in the Information Services sector.
  • This is LDMI Telecommunications’ 1st transaction in the United States.
  • This is LDMI Telecommunications’ 1st transaction in Michigan.

M&A Deal Summary

Date 2000-12-17
Target Ideal Technology Solutions U.S.
Sector Information Services
Buyer(s) LDMI Telecommunications
Deal Type Add-on Acquisition

Target

Ideal Technology Solutions U.S.

Royal Oak, Michigan, United States
Ideal Technology Solutions U.S., Inc. is an e-business service provider, delivering connectivity, security, managed hosting and an array of applications services.

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Buyer(S) 1

Buyer

LDMI Telecommunications

Southfield, Michigan, United States

Category Company
Founded 1992
Sector Communications
DESCRIPTION

LDMI Telecommunications, Inc. is an integrated communications provider serving small and mid-sized businesses in the Great Lakes region. Its services include local and long distance phone service, high speed sDSL Internet connectivity and enhanced products such as conference calling and voice mail.


DEAL STATS #
Overall 1 of 1
Sector (Information Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Michigan) 1 of 1
Country (United States) 1 of 1
Year (2000) 1 of 1