Calero-MDSL Acquires Network Control

August 2, 2022

Calero-MDSL, a portfolio company of Riverside Partners and Oak Hill Capital, has acquired Network Control, a boutique Telecom Expense Management (TEM) and managed mobility provider headquartered in Waverly, Iowa. The deal brings Network Control's high-touch TEM team and operations into Calero-MDSL to accelerate growth in the mid-market; Mark Hearn, Network Control's owner and CEO, will join Calero-MDSL as Vice President and General Manager of the Network Control business unit.

Buyers
Calero-MDSL, Riverside Partners, Oak Hill Capital Partners
Targets
Network Management and Control Corporation (Network Control)
Sellers
Network Management and Control Corporation, Mark Hearn (owner and CEO)
Platforms
Calero-MDSL
Industry
Software
Location
Iowa, United States
Transaction Type
Addon

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