TeleComp Holdings Inc. of Rogers announced late Monday its acquisition of Beasley Technology Inc. of Cushing, Oklahoma.
The deal closed on Nov. 14, and financial details of the transaction were not disclosed. The deal doubles the company's size.
Gino Capito, TeleComp's chief technology officer, said the purchase adds more than 25 engineering, installation and network operation center resources to the company's technical team.
"Through Beasley, TeleComp is now representing the full Extreme Networks portfolio, supported by our Black Diamond level certified engineers. This offering, along with our Mitel Platinum Partner status, sets us apart from any other provider out there," he said.
"Beasley has many synergies with TeleComp. One of the most apparent is the culture among its employees," Robert Hines, chief operating officer, said. "The lines of business are extremely similar and complementary to each other, but one of the most attractive components (of Beasley) is the high degree of knowledge and drive that its employees bring to work every day. We are humbled to call all of the Beasley employees part of our TeleComp Team."
Geoff Beasley, founder of Beasley, will remain with TeleComp and be involved in its day-to-day business.
"TeleComp will continue to grow through strategic planning, best in class customer service and the knowledge necessary to deliver the best possible technology to our customers," Beasley said.
Asked about future acquisition plans, TeleComp CEO Chris Beaty said, "Growth related to our acquisitions, both past and future, will come as a huge win to our customer base. Beasley Technology was a very special deal. Our TeleComp family is now 100-plus employees strong.
"Each and every one of them are highly focused on providing the best products, service, and experience to our customers," he said. "The future growth of TeleComp will include strategic acquisitions, specifically in the mid to enterprise market as well as organic growth through the success of our loyal customer base."
The Beasley deal is TeleComp's second acquisition in the past 12 months; the firm acquired TeleGen Solutions of Tusla a year ago. The company also merged with IPC Communications of Bentonville in February 2017.