M&A Deal Summary

UPSTACK Acquires Universal

On April 7, 2022, UPSTACK acquired communications company Universal

Acquisition Highlights
  • This is UPSTACK’s 8th transaction in the Communications sector.
  • This is UPSTACK’s 19th transaction in the United States.
  • This is UPSTACK’s 3rd transaction in Florida.

M&A Deal Summary
Date 2022-04-07
Target Universal
Sector Communications
Buyer(s) UPSTACK
Deal Type Add-on Acquisition

Target

Universal

Deerfield Beach, Florida, United States
Universal is a full-service telecom agency, that provides private and public sector businesses with IT, network, and voice solutions backed by professional project management and 24/7 support. Universal was founded in 1996 and is based in Deerfield Beach, Florida.

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Buyer(S) 1

Buyer

UPSTACK

New York, New York, United States
Category Company
Founded 2017
Sector Internet Software and Services
DESCRIPTION

UPSTACK is transforming the way cloud and internet infrastructure is sourced and sold. The company uses advanced technology to enable an extensive team of cloud infrastructure advisors to offer customized solutions for businesses of all sizes. With UPSTACK, business buyers streamline IT procurement by tapping into a single source for mission-critical technology services from hundreds of proven providers along with the professional guidance to identify and evaluate the best solutions. UPSTACK was founded in 2017 and is based in New York City.

DEAL STATS #
Overall 19 of 28
Sector (Communications) 8 of 9
Type (Add-on Acquisition) 19 of 27
State (Florida) 3 of 5
Country (United States) 19 of 28
Year (2022) 7 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-24 Meridian Network Services

San Juan Capistrano, California, United States

Meridian Network Services is a full-service agency–grounded in technical knowledge, carrier relationships, and industry experience dedicated to providing customer care to SMBs and large enterprises. Services include negotiating, procurement, implementation support, auditing, expense management, and post-sale, continued customer support. Meridian Network Services was founded in 2001 and is based in San Juan Capistrano, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-09-15 Stellar Connect

Thousand Oaks, California, United States

Stellar Connect is a full-service provider of IT services with extensive capabilities in several key areas, including voice, data, cloud, security, business continuity, and disaster recovery. Stellar Connect is based in Thousand Oaks, California.

Buy -
Mergr

Product

Company

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