Subscribe To Our Daily Enewsletter:

Momentum Telecom Acquires DCT, Gains Cloud Voice Services Business

Atlanta, Georgia’s Momentum Telecom has acquired DCT Telecom Group, a cloud voice and network solutions provider based in Cleveland, Ohio. Financial terms of the deal were not disclosed.

Momentum says the deal will grow its customer base, as well as add scale and geography to the company’s growing cloud voice clients with significant upsell opportunities.

Todd Zittrouer, Momentum Telecom CEO, commented on the deal:

“DCT’s strong relationships in key markets and commitment to their customers make them a natural fit for Momentum Telecom. With DCT on board we will continue to expand geographically and add more enterprise customer knowledge and experience.”

DCT Founder Anthony Romano, added:

“We are proud to join forces with Momentum Telecom as they align closely with our core values. DCT customers will benefit greatly from Momentum’s market-leading position and shared view on delivering excellent customer value. We look forward to continuing to deliver our high quality service with the backing and support of a leading cloud services provider.”

Bank Street Group LLC served as exclusive financial advisor to DCT in connection with the transaction.

Momentum’s M&A Plays

Founded in 2001, Momentum generated about $99.3 million in 2017 revenue, according to the annual Inc. 5000 list for 2018, the most recent data available.

In July 2018, the company attracted a majority investment from Court Square Capital Partners. The investment firm also owns a stake in AHEAD, a major IT consulting firm in Chicago.

This is far from Momentum’s first acquisition. The company has been bolstering its Unified Communications business for some time now. Recent deals that ChannelE2E has tracked include:

Georgia-based Mergers and Acquisitions

Overall M&A activity in Atlanta and the broader Georgia region has been red hot. In the last year alone there has been more than a dozen notable deals take place. Of the ones that ChannelE2E has followed:

Related Content

Return Home

2 Comments

Comments

    Peter Radizeski:

    Momentum Telecom has a long history of M&A. They bought IBBS, some CommPartners assets and Alteva.

    Joe Panettieri:

    Peter: Thanks for the additional names. We’ll keep those in mind as Momentum makes more moves.
    -jp

Leave a Reply

Your email address will not be published. Required fields are marked *