UPSTACK Acquires Global Communication Networks (GCN)
October 19, 2021
UPSTACK has acquired Global Communication Networks, Inc. (GCN), a Florida-based IT channel advisory and connectivity integrator. GCN founder and CEO Chris Palermo will join UPSTACK as President and an equity stakeholder as UPSTACK (backed by a $50M investment from Berkshire Partners) integrates GCN's advisory capabilities to expand its cloud, data center, and connectivity offerings; terms were not disclosed.
- Buyers
- UPSTACK
- Targets
- Global Communication Networks, Inc.
- Platforms
- UPSTACK
- Industry
- IT Services
- Location
- Florida, United States
- Transaction Type
- Addon
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