M&A Deal Summary

Zadeh Group Acquires Verge Network Solutions

On November 9, 2022, Zadeh Group acquired communications company Verge Network Solutions

Acquisition Highlights
  • This is Zadeh Group’s 1st transaction in the Communications sector.
  • This is Zadeh Group’s 1st transaction in the United States.
  • This is Zadeh Group’s 1st transaction in Oklahoma.

M&A Deal Summary
Date 2022-11-09
Target Verge Network Solutions
Sector Communications
Buyer(s) Zadeh Group
Deal Type Add-on Acquisition
Advisor(s) Generational Equity LLC (Financial)

Target

Verge Network Solutions

Oklahoma City, Oklahoma, United States
Verge Network Solutions (VNS) specializes in serving the telecommunications needs of community banks, focusing on the design, implementation, and support of voice communications over the bank’s network. VNS provides dial tone and long-distance services via its Verge IP Connect SIP Trunk Services, and the systems include both premise-based installed systems, as well as hosted, or cloud-based communications systems. Verge Network Solutions is based in Oklahoma City, Oklahoma.

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Buyer(S) 1

Buyer

Zadeh Group

Houston, Texas, United States
Category Company
Sector Business Services
DESCRIPTION

Zadeh Group is a holding company that owns technology companies Leap Rail (healthcare), Kloser (software), and Verge Network Solutions (telecommunication). Zadeh Group is based in Houston, Texas.

DEAL STATS #
Overall 1 of 1
Sector (Communications) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Oklahoma) 1 of 1
Country (United States) 1 of 1
Year (2022) 1 of 1
Mergr

Product

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