Koch Equity Development Acquires iconectiv from Ericsson and Francisco Partners

August 16, 2024

Koch Equity Development LLC (KED), the investment arm of Koch, Inc., has agreed to acquire iconectiv, LLC, a telecommunications solutions and numbering administration provider, from Ericsson and affiliates of Francisco Partners. iconectiv will operate as a wholly owned independent subsidiary based in Bridgewater, New Jersey, with the deal expected to close in Q1 2025 subject to regulatory approvals.

Buyers
Koch Equity Development LLC (KED)
Targets
iconectiv, LLC
Sellers
Ericsson, Francisco Partners
Location
New Jersey, United States
Transaction Type
Buyout

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