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  6. Utility Telecom Acquires Freeway Communications

M&A Deal Summary

Utility Telecom Acquires Freeway Communications

On August 9, 2019, Utility Telecom acquired communications company Freeway Communications

Acquisition Highlights
  • This is Utility Telecom’s 3rd transaction in the Communications sector.
  • This is Utility Telecom’s 5th transaction in the United States.
  • This is Utility Telecom’s 5th transaction in California.

M&A Deal Summary
Date 2019-08-09
Target Freeway Communications
Sector Communications
Buyer(s) Utility Telecom
Deal Type Add-on Acquisition

Target

Freeway Communications

Los Angeles, California, United States
Freeway Communications LLC develop, deliver and maintain a wide variety of products and services to customers worldwide. Using the advantages of VoIP, Freeway Communications design and install next-generation telecom architecture to create custom communications solution to meet specific telecommunication needs.

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Buyer(S) 1

Buyer

Utility Telecom

Stockton, California, United States
Category Company
Founded 1996
Sector Communications
DESCRIPTION

Utility Telecom is a provider of technology solutions and telecommunications services to business communities in California and Nevada. Utility Telecom was founded in 1996 and is based in Stockton, California.

DEAL STATS #
Overall 5 of 5
Sector: Communications M&A 3 of 3
Type: Add-on Acquisition M&A Deals 5 of 5
State: California M&A 5 of 5
Country: United States M&A 5 of 5
Year: 2019 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-02-06 Spectrum Telecom Systems

Merced, California, United States

Spectrum Telecom Systems has been providing communications solutions for businesses in the Central Valley of California. Spectrum Telecom Systems has nearly 90 years of experience in the telecom industry. They sell, install and service NEC products; a leading manufacturer of telecommunications products worldwide.

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