Add-on Acquisition • Information Technology

Teleco Acquires Tech Works US

On December 19, 2017, Teleco acquired information technology company Tech Works US

Acquisition Context
  • This is Teleco’s 1st transaction in the Information Technology sector.
  • This is Teleco’s 1st transaction in the United States.
  • This is Teleco’s 1st transaction in South Carolina.

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M&A Deal Summary

Date December 19, 2017
Target Tech Works US
Sector Information Technology
Buyer(s) Teleco
Deal Type Add-on Acquisition

Target Company

Tech Works US

Mauldin, South Carolina, United States
Tech Works US LLC is a provider of an IT Managed Services as well as Solutiant’s existing products to their combined customer base. Tech Works is based in Mauldin, South Carolina.
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Buyer Overview 1

Buyer

Teleco

Greenville, South Carolina, United States

Category Company
Founded 1981
Sector Information Technology
DESCRIPTION

Teleco, Inc. is a provider of sales, maintenance, and break-fix services for telephone systems and added additional products and services including IT Data Networks, Cloud Voice and Data, Video Surveillance, Access Control, and In-Building Wireless DAS solutions.


Deal Context for Buyer #
Overall 1 of 1
Sector: Information Technology 1 of 1
Type: Add-on Acquisition 1 of 1
State: South Carolina 1 of 1
Country: United States 1 of 1
Year: 2017 1 of 1