M&A Deal Summary

TPx Communications Acquires Telekenex

On May 5, 2011, TPx Communications acquired internet software and services company Telekenex

Acquisition Highlights
  • This is TPx Communications’ 2nd transaction in the Internet Software and Services sector.
  • This is TPx Communications’ 4th transaction in the United States.
  • This is TPx Communications’ 2nd transaction in Washington.

M&A Deal Summary

Date 2011-05-05
Target Telekenex
Sector Internet Software and Services
Buyer(s) TPx Communications
Deal Type Add-on Acquisition
Advisor(s) Blue Beacon Capital (Financial)

Target

Telekenex

Seattle, Washington, United States
Telekenex is a IP service provider with a private international network, cloud based solutions, hosted VoIP, call center, MPLS, managed ethernet, and security.

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Buyer(S) 1

Buyer

TPx Communications

Austin, Texas, United States

Category Company
Founded 1998
Sector Communications
DESCRIPTION
TelePacific's office in San Jose, California.
TelePacific's office in San Jose, California.

TPx Communications is a provider of UCaaS, Managed IT services and Managed Connectivity services, with approximately 30,000 customers and 53,000 customer locations across the U.S. TPx customers serve every business sector and include many government and not-for-profit enterprises. TPx Communications was established in 1998 and is based in Austin, Texas.


DEAL STATS #
Overall 4 of 6
Sector: Internet Software and Services M&A 2 of 2
Type: Add-on Acquisition M&A Deals 3 of 5
State: Washington M&A 2 of 2
Country: United States M&A 4 of 6
Year: 2011 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-12-23 NextWeb

Seattle, Washington, United States

NextWeb, Inc. (dba Covad Wireless) delivers business-class broadband service to small and medium-sized businesses at speeds up to 100 megabits per second (Mbps), complementing Covad’s existing portfolio of data solutions.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-06-28 Tel West Network Services

Austin, Texas, United States

Tel West Network Services Corporation is a facilities-based Internet, data and voice communications provider that specializes in cost-effective telecommunications services for small, medium and enterprise businesses. Headquartered in Austin, Texas, the company's local network presence spans 6 major metropolitan areas including Dallas, Austin, San Antonio, Houston, Fort Worth, and Corpus Christi.

Buy -