Q Advisors Represents TelePacific in Transformative Managed Services Transaction and Related Financing
DENVER, Sept. 20, 2016
DENVER, Sept. 20, 2016 /PRNewswire/ — TelePacific Communications, a premier integrated managed services provider headquartered in Los Angeles, CA, announced that it completed the acquisition of DSCI, a leading provider of enterprise grade unified communications, managed IT, and connectivity services. The transaction rewrites the managed services provider (MSP) category by bringing leading-edge unified communications, managed IT, connectivity, cloud and continuity services together in a single provider. DSCI will operate as a TelePacific company, integrated fully into the company’s strategic set of offerings. DSCI will operate under its own name as a TelePacific company and will remain under the leadership of its senior management team with headquarters in Waltham, MA. The two companies are privately held and terms of the agreement were not released.
With this acquisition, TelePacific immediately evolves from a regional provider to a true national provider with network reach and offices coast-to-coast. DSCI’s award-winning UCx unified communications solution and ITx managed IT services are expected to drive accelerated sales for the managed services segment that comprise more than 50 percent of TelePacific’s business. When joined with TelePacific’s next generation Software Defined Wide Area Network (SD-WAN) technology that can deliver those services and more anywhere that there’s a broadband connection, this combination sets the bar for success in the integrated MSP space. DSCI’s award-winning UCx unified communications solutions and ITx managed IT services are now an integral part of TelePacific’s deep set of offerings for business customers.
“This is a transformational acquisition that opens up literally unbounded opportunities for both TelePacific and DSCI now that we’re a single company,” said Dick Jalkut, President and CEO of TelePacific. “Over the past months as we’ve worked to integrate our offerings, people and resources together preparing for this day, it’s become ever more clear to us that this was a compelling match of values and visions, as much as it was of complementary technologies. Adding UCx and ITx to TelePacific opens up the entire country for us – and DSCI fits as if it were custom-designed to propel our growth together.”
Q Advisors, a leading global TMT investment banking boutique with unparalleled expertise in the cloud communications space, acted as exclusive financial advisor to TelePacific in connection with the DSCI acquisition. The firm also served as the placement agent on the related debt financing. “TelePacific has been aggressively growing its cloud and managed service business and wanted to rapidly accelerate that growth through acquisition. After interviewing a number of banks we selected Q Advisors to assist the TelePacific team. They had the reputation of being the market leader in this space and did not disappoint. From top-to-bottom their team understood the hosted UC and managed services sector, knew all the players and brought us a number of great opportunities. Q Advisors listened to our team and understood how important fit and culture are to TelePacific. Their idea of a combination with DSCI was a perfect fit from a culture, product and financial standpoint. The team worked with us every step of the way from negotiating the M&A deal to finding a supportive group of lenders to assist with the transaction. We are excited to combine with DSCI and look forward to working with Q Advisors on future transactions,” said Dick Jalkut, Chief Executive Officer, TelePacific Corp.
Financing was provided by Brightwood Loan Services LLC, Tennenbaum Capital Partners and Carlyle GMS Finance, Inc.
About Q Advisors LLC
Q Advisors LLC is a world-class global boutique investment bank formed in 2001 serving public and private companies, PE firms, entrepreneurs and large multi-nationals in the telecom, media, and technology (TMT) sectors. The firm has extensive, global reach, while also providing the personalized service of a boutique advisory firm. Thanks to our partners and senior staff, who come from leading investment banks and operating companies, we leverage extensive industry knowledge and analytical insights to help our clients achieve successful M&A and capital markets transactions. www.qllc.com
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SOURCE Q Advisors