Telecloud LLC
Classification
Private
Financials
Revenue & Profit
Valuation
Ratios
People
Deals
M&A2024-03-15Completed
Investor Sponsors NorthBridge PE | Stake Tags 100% |
Deal Amount $120M | Is PE deal Yes |
Target Company Valuation $1.20 MM | Is deal PE backed Yes |
Techniques Acquisition of Assets, Taken Private | Total Acquired 100% |
Investor Sponsors
Deal Amount
$120M
Target Company Valuation
$1.20 MM
Techniques
Acquisition of Assets, Taken Private
Stake Tags
100%
Is PE deal
Yes
Is deal PE backed
Yes
Total Acquired
100%
Secondary Transaction2023-09-01Canceled
Investor Sponsors -- | Stake Tags Majority |
Deal Amount Undisclosed | Is PE deal No |
Target Company Valuation -- | Is deal PE backed Yes |
Techniques Secondary Sale, Management Buy-out (MBO) | Total Acquired 65% |
Investor Sponsors
--
Deal Amount
Undisclosed
Target Company Valuation
NaN
Techniques
Secondary Sale, Management Buy-out (MBO)
Stake Tags
Majority
Is PE deal
No
Is deal PE backed
Yes
Total Acquired
65%
Funding
About
About
Telecloud LLC is a telecommunications company founded in 1982 by Michael Finaldi, with its headquarters located in Morristown, New Jersey. Originally established as Tele-Solutions, the firm transitioned from traditional telephony to cloud-based communication services and rebranded to Telecloud. The company is currently led by second-generation owners Damon and Vincent Finaldi. In December 2023, Telecloud expanded its market reach by acquiring the Nextphone customer base from DiRAD Technologies. Business/Product Breakdown Telecloud LLC provides unified communications as a service (UCaaS) and cloud-based telephony solutions primarily for small and medium-sized businesses. Its core offering is a hosted VoIP platform that integrates voice, text, and mobile capabilities, allowing remote and multi-site teams to communicate through a single system. The company offers a specialized cloud call center solution featuring automated call distribution (ACD), call recording, real-time agent dashboards, and advanced analytics for monitoring performance and caller behavior. Recent service expansions include the integration of artificial intelligence for call transcription, sentiment analysis, and machine-readable "vCons" (virtual conversations) to provide operational intelligence. Additionally, Telecloud delivers managed network services, internet connectivity, and cybersecurity solutions to ensure client data protection and system uptime.
Keywords
Keywords
Classified
Private