LOS ANGELES, February 12, 2020 - TPx Communications, the premier managed services provider, whose award-winning product line includes unified communications, contact center, managed security, managed WAN, other managed IT services, and network connectivity solutions, today announced the completion of its previously announced acquisition by affiliates of Siris Capital Group, LLC (“Siris”), a leading private equity firm focused on investing and driving value creation in technology and telecommunications companies. Terms of the transaction were not disclosed.
Q Advisors, a global TMT investment banking boutique, acted as a financial and strategic advisor to TPx Communications in connection with the transaction.
Read the full announcement here.
Q Advisors has been TPx's trusted M&A advisor for over five years, offering expertise and guidance on our initial transformational cloud and managed services transaction, all the way through our successful sale to Siris Capital. The firm has provided top-notch strategic advice and, in many ways, has acted as an extension of our management team, providing critical support and deal insight on each transaction.Dick Jalkut, President and CEO, TPx Communications