Telecommunications Acquisitions in New Jersey

Transaction Network Services (TNS) has completed its acquisition of BT's Radianz business, integrating Radianz into TNS's global Financial Markets offering. The deal expands TNS's market connectivity footprint and capability, bringing Radianz's secure connectivity services and clients into TNS's ultra-low-latency trading, market data and hosting platform.

Ooma, Inc. has completed the acquisition of Phone.com for approximately $23.2 million in cash, subject to customary working capital adjustments. The purchase adds Phone.com's proprietary UCaaS platform and roughly 36,000 customers (about 87,000 users) to Ooma's portfolio, expanding its SMB-focused unified communications footprint and is expected to be accretive to adjusted EBITDA beginning December 26, 2025.

Eastern Communications Ltd., a mission-critical communications provider, has acquired Hazlet, New Jersey-based PMC Wireless, a regional public safety communications technology integrator led by the Casciano family. The deal expands Eastern's Tri-State service footprint and brings additional technical capabilities and product categories into Eastern's national distribution network to better serve public safety, utilities, and transportation customers.

Forterra, a provider of autonomous mission systems, has acquired goTenna, a pioneer in mobile mesh networking and off-grid communications. The acquisition will integrate goTenna's lightweight, resilient communications stack into Forterra's autonomous platforms to improve secure, low-bandwidth connectivity in disconnected, denied, and contested environments.

Pearce has acquired JoeMax Telecom, a Fairfield, New Jersey–based provider of outside plant (OSP) and inside plant (ISP) engineering, site acquisition, and project management services for fiber infrastructure. The deal expands Pearce’s presence in the U.S. Northeast and adds technical engineering and project management capabilities; terms were not disclosed.

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.

Mobile Communications America, Inc. (MCA) has acquired LightSpeed Technologies, Inc., a Wall Township, New Jersey-based provider of broadband fixed networks, IP/MPLS routing and optical network systems. The deal (advised by Generational Capital Markets to LightSpeed) expands MCA’s data capabilities and strengthens its Northeast U.S. footprint.

Hackensack-based Eastern DataComm has acquired OSI Technology of Warren, New Jersey to expand its safety and communications capabilities and deepen its presence in the K–12, municipal and commercial markets in New Jersey. The acquisition adds OSI’s decades of experience in video surveillance, VoIP, access control, and networking to Eastern DataComm’s portfolio of integrated safety and communication solutions.

Strategic Value Partners (SVP) has acquired the remaining 40% stake in IPC, resulting in full ownership of the mission-critical trading communications and network services provider. SVP — which had owned 60% since 2021 after leading a debt-reduction and recapitalization — cited confidence in IPC’s growth plan and will work with management to support the company’s next stage of growth.

Grain Management, a private investment firm focused on broadband and communications infrastructure, has completed its acquisition of Spectrotel, a New Jersey-based integrated technology and managed services provider. Spectrotel's founder Jack Dayan will retain a minority stake and Ross Artale will become CEO; the deal expands Grain's activity in the managed services segment of the global broadband industry.

Allbridge, a Raleigh-based property technology solutions provider, has acquired Sonu Satellite, a national dealer of commercial, lodging, and institutional DIRECTV systems. The deal will combine Sonu's hospitality relationships and installation expertise with Allbridge's property-technology offerings to expand Allbridge's footprint in the economy and midscale hotel market.

BAI Communications has agreed to acquire ZenFi Networks, an East Coast US provider of small cell deployment, fiber connectivity, network edge colocation and related digital infrastructure services. The deal expands BAI's North American footprint and capability across the New York–New Jersey metro region (including LinkNYC rights and ~1,100 route miles of fiber) and is positioned to accelerate the company's 5G infrastructure growth in the United States.

TEOCO Corporation, a provider of analytics and network optimization solutions, acquired Software Synergy, Inc. (SSI), a 30+-year provider of automated routing and optimization software for communications service providers. The deal (announced in May 2022) closed in December 2021 and brings SSI's Universal Routing Solution and toll-free routing capabilities into TEOCO's analytics and routing product portfolio.

SinglePoint Solutions, a Louisville-based communications technology consultant backed by Soterra Capital, has acquired Sky Technology Partners, a telecom and communications solutions firm based in Wayne, New Jersey. The add-on deal will integrate Sky's vendor-agnostic communications and project management capabilities into SinglePoint to expand market presence and broaden service offerings.

GI Partners completed the all-cash acquisition of ORBCOMM Inc., a global industrial IoT provider, valuing the company at approximately $1.1 billion including net debt. The transaction takes ORBCOMM private and is intended to accelerate the company’s innovation, operational improvements, and expansion into new markets.

Aterian Investment Partners announced a strategic partnership with Kane Communications, LLC, a Trenton, New Jersey-based provider of structured cabling and telecommunications/utility infrastructure services. Aterian said it formed a holding company to support Kane as a platform for nationwide expansion through organic growth and M&A, and will partner with founder Melissa Kane on the growth plan.

Stonepeak Infrastructure Partners agreed to acquire Astound Broadband (RCN, Grande, Wave, enTouch) from TPG Capital and Patriot Media Management for $8.1 billion. Stonepeak will partner with the Astound management team (Patriot Media) to invest in network expansion and technology upgrades; the deal was expected to close in Q2 2021 subject to customary approvals.

NatTech, LLC (National Technologies), a subsidiary of NTI Connect, LLC, has acquired the fiber network engineering business of Precision Design Services, Inc., which is headquartered in Morris Plains, New Jersey. The add-on expands NTI's engineering capabilities and presence in the New York City market and brings PDS's route design, OSP/ISP drawings, as-built production and project management services into NTI's National Technologies platform; NTI is owned by ORIX Capital Partners.

Francisco Partners, with co-investor IGP Capital, has acquired a majority stake in LiveU from its existing shareholders to accelerate the company's global expansion. LiveU, headquartered in Hackensack, New Jersey, provides live IP video devices and cloud services to broadcasters, sports organizations and digital media platforms; previous investors named include Canaan Partners, Viola Ventures, Pitango and Lightspeed.

Telrite Holdings has acquired Locus Telecommunications and its H2O Wireless brand following FCC approval, positioning Telrite as a leading prepaid mobile virtual network operator (MVNO). Locus will continue operating from its Fort Lee, New Jersey base with roughly 200 employees, while customers and distributors gain access to Telrite's expanded offerings and operational infrastructure.