M&A Deal Summary

Teliphone Acquires New York Telecom Exchange

On January 11, 2012, Teliphone acquired financial services company New York Telecom Exchange from United America for 5M USD

Acquisition Highlights
  • This is Teliphone’s 1st transaction in the Financial Services sector.
  • This is Teliphone’s largest (disclosed) transaction.
  • This is Teliphone’s 1st transaction in the United States.
  • This is Teliphone’s 1st transaction in New York.

M&A Deal Summary
Date 2012-01-11
Target New York Telecom Exchange
Sector Financial Services
Buyer(s) Teliphone
Sellers(s) United America
Deal Type Divestiture
Deal Value 5M USD

Target

New York Telecom Exchange

New York, New York, United States
New York Telecom Exchange, Inc. is a provider of financial services in telecommunications commodity exchange.

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Buyer(S) 1

Buyer

Teliphone

1550 Alberni Street 3rd floor, British Columbia, Canada
Category Company
Founded 2004
Sector Internet Software and Services
Employees22
Revenue 8M USD (2012)
DESCRIPTION

Teliphone Corp. is a provider of voice, data, broadband Internet, IT support, Cloud computing, Co-location data centres and IPTV service across Canada. Teliphone services carriers, business, government and residential customers on a national network which includes a wireless backhaul network, a trans-Canada SONET fibre optic network and multiple CLEC/ILEC mutual CO facilities.

DEAL STATS #
Overall 1 of 2
Sector (Financial Services) 1 of 1
Type (Divestiture) 1 of 1
State (New York) 1 of 1
Country (United States) 1 of 2
Year (2012) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-02-11 Titan Communications

Richardson, Texas, United States

Titan Communications, Inc. is a provider of phone and communications to residential customers as well as to small/mediums sized businesses. It provides these clients the same functionality available to large enterprises without the associated expense.

Buy -

Seller(S) 1

SELLER

United America

89120, Nevada, United States
Category Company
Founded 1992
Sector Internet Software and Services
DESCRIPTION

United America Corp. is a provider of voice over Internet protocol telecommunications services to residential, business, and wholesale customers worldwide.

DEAL STATS #
Overall 1 of 1
Sector (Financial Services) 1 of 1
Type (Divestiture) 1 of 1
State (New York) 1 of 1
Country (United States) 1 of 1
Year (2012) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-03-14 New York Telecom Exchange

New York, New York, United States

New York Telecom Exchange, Inc. is a provider of financial services in telecommunications commodity exchange.

Buy -
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