Cincinnati Bell -- owner of CBTS and OnX for MSP, cloud, communications, infrastructure & consulting services -- acquired for 6.5X adjusted EBITDA valuation.
BCM One acquires Unfiied Communications as a Service (UCaaS) provider Arena One. Private equity firm Thompson Street Capital Partners (TSCP) backs BCM One.
Segra acquires North Carolina neighbor NorthState Telecommunications Corporation for fiber optic network, cloud, data center and cybersecurity services.
Digerati Technologies, a UCaaS provider, acquires Miami-based Nexogy for cloud communication and broadband solutions. Digerati’s annual revenue will double to $12.7 million.
RingCentral invests in Avaya. Duo preps jointly developed Unified Communications as a Service (UCaaS) solution. Partners, customers await UCaaS migration details.