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  6. Protel Communications Acquires Tranquilnet

M&A Deal Summary

Protel Communications Acquires Tranquilnet

On May 22, 2018, Protel Communications acquired information technology company Tranquilnet

Acquisition Highlights
  • This is Protel Communications’ 1st transaction in the Information Technology sector.
  • This is Protel Communications’ 1st transaction in the United States.
  • This is Protel Communications’ 1st transaction in California.

M&A Deal Summary
Date 2018-05-22
Target Tranquilnet
Sector Information Technology
Buyer(s) Protel Communications
Deal Type Add-on Acquisition

Target

Tranquilnet

Del Mar, California, United States
Tranquilnet, Inc. is a provider of IT solutions that specializes in managed IT, hosted VoIP, private cloud and firewall routers for small business. Tranquilnet, Inc. was established in 2002 and is based in Del Mar, California.

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Buyer(S) 1

Buyer

Protel Communications

Poway, California, United States
Category Company
Founded 1995
Sector Communications
DESCRIPTION

Protel Communications, Inc. is a provider of enterprise communications services. Protel Communications, Inc. was established in 1995 and is based in Poway, California.

DEAL STATS #
Overall 1 of 1
Sector: Information Technology 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: 2018 M&A 1 of 1
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