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 LLC (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 local exchange carrier that delivers local, long-distance, broadband Internet, web hosting, co-location, cloud-based and data transport services to business customers in California, Nevada and Texas. TPx Communications was established in 1998 and is based in Austin, Texas.

DEAL STATS #
Overall 4 of 6
Sector (Internet Software and Services) 2 of 2
Type (Add-on Acquisition) 3 of 5
State (Washington) 2 of 2
Country (United States) 4 of 6
Year (2011) 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 -
Mergr

Product

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