M&A Deal Summary

Momentum Telecom Acquires Integrated BroadBand Services

On January 8, 2014, Momentum Telecom acquired communications company Integrated BroadBand Services from Pamlico Capital

Acquisition Highlights
  • This is Momentum Telecom’s 2nd transaction in the Communications sector.
  • This is Momentum Telecom’s 2nd transaction in the United States.
  • This is Momentum Telecom’s 1st transaction in Georgia.

M&A Deal Summary

Date 2014-01-08
Target Integrated BroadBand Services
Sector Communications
Buyer(s) Momentum Telecom
Sellers(s) Pamlico Capital
Deal Type Merger

Target

Integrated BroadBand Services

Kennesaw, Georgia, United States
Integrated BroadBand Services LLC is a provider of broadband network management software and services. IBBS provides managed software solutions that enable broadband providers to deliver exceptional services and reduce unnecessary operations costs.

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Buyer(S) 1

Buyer

Momentum Telecom

Birmingham, Alabama, United States

Category Company
Founded 2000
Sector Communications
DESCRIPTION

Momentum Telecom is a provider of Business Voice, BBX Broadband Management and Unified Communications solutions. Momentum’s solutions offer smart, customizable cloud-based applications including voice, video and collaboration tools that enhance business productivity and efficiency for direct customers and more than 500 nationwide white label and channel partners. Momentum Telecom is committed to delivering reliable and innovative products backed by a geo-redundant network paired with industry-leading uptime and customer service. Headquartered in Birmingham, AL, Momentum Telecom has regional offices actively serving customers across the United States.


DEAL STATS #
Overall 2 of 4
Sector (Communications) 2 of 4
Type (Merger) 1 of 1
State (Georgia) 1 of 1
Country (United States) 2 of 4
Year (2014) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-05-06 CommPartners Holding

Las Vegas, Nevada, United States

CommPartners Connect is a VoIP services provider.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-30 CloudNet Group

Chandler, Arizona, United States

CloudNet Group LLC is a communications provider that specializes in high-quality cloud voice, mobility, SD-WAN, contact center, and other unified communications solutions. CloudNet focuses on a high-touch, white-glove approach to implementation and training for customers. CloudNet Group was formed in 2011 and is based in Chandler, Arizona.

Buy -

Seller(S) 1

SELLER

Pamlico Capital

Charlotte, North Carolina, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1988
PE ASSETS 3.5B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Pamlico Capital is a private equity group focused on mid-sized transactions. Pamlico looks to invest $25 to $125 million per transaction. Sectors of interest include business and technology services, consumer products/services, industrial, energy, financial services, healthcare, media, and communications. Pamlico will consider both minority and majority positions. Prospective transactions include management or leveraged buyouts, recapitalizations, growth financings, mezzanine, and special situations. Pamlico was formerly known as Wachovia Capital Partners. The Firm was originally formed in 1988 and is based in Charlotte, North Carolina.


DEAL STATS #
Overall 29 of 61
Sector (Communications) 4 of 8
Type (Merger) 1 of 1
State (Georgia) 3 of 3
Country (United States) 29 of 59
Year (2014) 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-08-30 PE GI Solutions

Jamison, Pennsylvania, United States

PE GI Solutions is a developer, manager, and owner of freestanding, single-specialty endoscopic Ambulatory Surgery Centers in partnership with practicing physicians and hospitals. PE GI Solutions was founded in 1998 and is based in Jamison, Pennsylvania.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-02-04 VRI

Franklin, Ohio, United States

VRI is a provider of telehealth monitoring, monitored medication dispensing and adherence solutions, and medical alert systems, serving over 100,000 actively monitored clients across the country. VRI was founded in 1989 and is based in Franklin, Ohio.

Buy -