Tracked deals
4
4 tracked deals across 2018-2023.
Atlanta, Georgia, United States
A global connectivity and managed network services provider. Momentum delivers internet connectivity, SD-WAN, mobility, network security, and related managed services to businesses. Its current positioning emphasizes connectivity and network services; its voice and collaboration business was acquired by CallTower.
Tracked deals
4
4 tracked deals across 2018-2023.
Recent pace
0
0 tracked deals announced in the last 12 months.
Deal mix
Buyout
4 buyout
Last 4 years
Supporting Data
Momentum, a global managed cloud and network services provider based in Atlanta, has acquired Asset Black, a Savannah, Georgia-based managed network provider. The acquisition strengthens Momentum’s managed network and SD-WAN capabilities and brings Asset Black’s leadership (CEO Mark Weeks) into Momentum’s executive team to drive sales in the financial services vertical; terms were not disclosed.
Momentum Telecom completed its acquisition of Altus Technology, a Nashville-based provider of cloud-based unified communications solutions. The deal expands Momentum's UCaaS and managed network offerings and integrates Altus' team and customers into Momentum's global managed cloud services platform; terms were not disclosed.
Momentum Telecom, an Atlanta-based cloud communications provider, has agreed to acquire Cleveland-headquartered DCT Telecom Group, a provider of cloud voice and network solutions. The deal expands Momentum's geographic presence and enterprise customer base while adding complementary managed broadband, internet and cloud voice capabilities to its platform; terms were not disclosed.
Momentum Telecom acquired CloudNet Group, a Phoenix-based communications provider, to strengthen its cloud voice and unified communications market share and broaden its solution portfolio with offerings such as SD-WAN, contact center and vertical go-to-market capabilities. Terms were not disclosed; Bradley Arant Boult Cummings served as legal counsel to Momentum and LoHi Merchant Bank was CloudNet Group’s exclusive investment banker.
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