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  6. Xtel Communications Acquires Global Telecom Brokers

M&A Deal Summary

Xtel Communications Acquires Global Telecom Brokers

On December 19, 2022, Xtel Communications acquired internet software and services company Global Telecom Brokers

Acquisition Highlights
  • This is Xtel Communications’ 1st transaction in the Internet Software and Services sector.
  • This is Xtel Communications’ 1st transaction in the United States.
  • This is Xtel Communications’ 1st transaction in Maryland.

M&A Deal Summary
Date 2022-12-19
Target Global Telecom Brokers
Sector Internet Software and Services
Buyer(s) Xtel Communications
Deal Type Add-on Acquisition

Target

Global Telecom Brokers

Owings Mills, Maryland, United States
Global Telecom Brokers is a provider of VoIP and UCaaS (Unified Communications as a Service) to large healthcare providers, law firms, and other verticals throughout the Baltimore-DC-VA region. Global Telecom Brokers was founded in 1992 and is based in Owings Mills, Maryland.

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Buyer(S) 1

Buyer

Xtel Communications

Mt. Laurel Township, New Jersey, United States
Category Company
Sector Communications
DESCRIPTION

Xtel Communications is a telecommunications and cloud service provider, enabling the secure solutions organizations require to communicate and collaborate across any workforce environment. Xtel Communications is based in Mt. Laurel Township, New Jersey.

DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Maryland M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2022 M&A 1 of 1
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