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  6. OwnersEdge Acquires Communications Direct

M&A Deal Summary

OwnersEdge Acquires Communications Direct

On July 23, 2024, OwnersEdge acquired business services company Communications Direct

Acquisition Highlights
  • This is OwnersEdge’s 1st transaction in the Business Services sector.
  • This is OwnersEdge’s 1st transaction in the United States.
  • This is OwnersEdge’s 1st transaction in Illinois.

M&A Deal Summary
Date 2024-07-23
Target Communications Direct
Sector Business Services
Buyer(s) OwnersEdge
Deal Type Add-on Acquisition

Target

Communications Direct

St. Charles, Illinois, United States
Communications Direct is a mission-critical communications business that is a Motorola Solutions channel partner and a national leader in communication system rentals. CommDirect is headquartered in St. Charles, Illinois.

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Buyer(S) 1

Buyer

OwnersEdge

Waukesha, Wisconsin, United States
Category Company
Sector Business Services
DESCRIPTION

?OwnersEdge is a 100% employee-owned ESOP holding company that strives to invest in and build sustainable businesses throughout the Midwest. The operating companies within the OwnersEdge portfolio utilize their industry expertise to drive business growth and create value for stakeholders including customers, communities, and the ESOP employee owners. ?OwnersEdge is based in Waukesha, Wisconsin.

DEAL STATS #
Overall 1 of 1
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Illinois M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2024 M&A 1 of 1
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