M&A Deal Summary

VoiceComm Acquires Tessco’s Retail Division Assets

On October 29, 2020, VoiceComm acquired retailer Tessco’s Retail Division Assets from Tessco Technologies

Acquisition Highlights
  • This is VoiceComm’s 1st transaction in the Retail sector.
  • This is VoiceComm’s 1st transaction in the United States.
  • This is VoiceComm’s 1st transaction in Maryland.

M&A Deal Summary

Date 2020-10-29
Target Tessco’s Retail Division Assets
Sector Retail
Buyer(s) VoiceComm
Sellers(s) Tessco Technologies
Deal Type Divestiture

Target

Tessco’s Retail Division Assets

Hunt Valley, Maryland, United States
Tessco’s Retail Division Assets is a mobile accessory retailer that including the Ventev Mobile Device Accessories Brand.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

VoiceComm

Pennsauken, New Jersey, United States

Category Company
Founded 2001
Sector Business Services
DESCRIPTION

VoiceComm is a provider of supply chain management solutions for mobile device accessories to wireless retailers. VoiceComm was founded in 2001 and is based in Pennsauken, New Jersey.


DEAL STATS #
Overall 1 of 1
Sector: Retail M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Maryland M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2020 M&A 1 of 1

Seller(S) 1

SELLER

Tessco Technologies

Hunt Valley, Maryland, United States

Category Company
Founded 1982
Sector Distribution
Employees530
Revenue 418M USD (2022)
DESCRIPTION

Tessco Technologies is a value-added distributor, manufacturer and solutions provider for wireless infrastructure supplying base station equipment, antennas, IoT devices, test and maintenance tools, and other system components mainly to commercial customers. Tessco Technologies was founded in 1982 and is based in Hunt Valley, Maryland.


DEAL STATS #
Overall 1 of 1
Sector: Retail M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Maryland M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-03-05 GigaWave Technologies

San Antonio, Texas, United States

GigaWave Technologies, Ltd. provides instructor-led wireless local area network (WLAN) training, curriculum development and hand-on, lab certification development, and wireless services for the WLAN industry.

Buy -