M&A Deal Summary

Verinext Acquires Light Networks

On August 11, 2021, Verinext acquired communications company Light Networks

Acquisition Highlights
  • This is Verinext’s 1st transaction in the Communications sector.
  • This is Verinext’s 8th transaction in the United States.
  • This is Verinext’s 2nd transaction in Georgia.

M&A Deal Summary
Date 2021-08-11
Target Light Networks
Sector Communications
Buyer(s) Verinext
Deal Type Add-on Acquisition

Target

Light Networks

Atlanta, Georgia, United States
Light Networks enables clients to seamlessly communicate with their customers. Pulling from a wide range of cloud and premises-based platforms, providers, and technologies, the company’s team of skilled consultants and engineers match the ideal telecommunications solution to each business. In addition, the company designs and manages complex telecommunications networks including omnichannel communications, cloud-based voice, and contact center applications. Light Networks is based in Atlanta, Georgia.

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Buyer(S) 1

Buyer

Verinext

Blue Bell, Pennsylvania, United States
Category Company
Founded 1999
Sector Information Technology
DESCRIPTION

Verinext is an IT services firm that specializes in app development, business intelligence, infrastructure services, mobility, managed services, and cloud hosting services. Verinext was founded in 1999 and is based in Blue Bell, Pennsylvania.

DEAL STATS #
Overall 8 of 8
Sector (Communications) 1 of 1
Type (Add-on Acquisition) 8 of 8
State (Georgia) 2 of 2
Country (United States) 8 of 8
Year (2021) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-27 SereneIT

Milton, Georgia, United States

SereneIT, Inc. is an Engineering and IT solutions firm, managed services provider, and value-added reseller. SereneIT, Inc. provides IT engineering services and business solutions for companies and organizations across industry sectors to maximize the performance of their people, processes, and technology.

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