SANTA BARBARA, CA--January 8, 2016-- TNCI Operating Company, a national voice, data and cloud services provider backed by Garrison Investment Group today announced the completion of its operational merger with Impact Telecom, a leading provider of voice and messaging solutions to businesses, carriers, and consumers. Bob Beaty will be the President and CEO of the merged entity and Laura Thomas, former CEO of TNCI will become Chairman of the Board of Directors of the new company.
TNCI systems and operations are now being combined with Impact Telecom’s existing infrastructure to form the new Impact Telecom, which will be uniquely positioned to serve businesses and carriers of any size with voice, messaging, cloud and unified communications needs. Beaty said the deal underscores Impact’s and TNCI’s commitment to quality and customer experience. “The combined Impact Telecom and TNCI infrastructure creates a robust nationwide network along with enhanced product capabilities backed by a dedicated team of experts. Our customers will notice the difference.”
Joshua Brandt, Managing Director at Garrison Investment Group added, “Garrison believes in the growth of this telecom platform. The operational combination of Impact Telecom and TNCI represents a significant milestone in our progress. Both companies are facilitating a smooth integration and we look forward to benefits of the merger for our customer base.”
The new Impact Telecom will better serve its customers and offer new services with enhanced capabilities positioning the company as a leader in the wholesale voice and messaging industry.
Uniting two telecommunications leaders, the merger enables Impact Telecom to better align with the growing cloud-based services industry and to offer a variety of innovative and leading-edge technologies that help improve communication methods for businesses and their customers while reducing costs. To support sales growth, Impact Telecom will continue its commitment to partners.
The transaction received approvals of the FCC and applicable state regulatory authorities. Financial terms of the transaction were not disclosed.
Q Advisors LLC, a leading global boutique investment bank, acted as the exclusive financial advisor to TNCI in connection with the transaction.
TNCI Operating Company is a leading national telecommunications provider specialized in voice, data and cloud solutions. Our proven ability to help customers navigate a shifting and oftentimes chaotic market presents unique opportunities for our customers to compete and win. Applying creativity to the complexities of telecommunications, TNCI delivers custom solutions to multi-location customers nationwide. Team TNCI’s extensive industry experience provides an unsurpassed level of provisioning, customer service and support. For more information visit http://www.tncii.com.