Transactions

BullsEye Telecom, Inc. has acquired Bandwave Systems, LLC

TRANSACTION OVERVIEW:

BullsEye Telecom, Inc. (“BullsEye”), a leading, global provider of multi-location communication solutions, acquired Bandwave Systems, LLC (“Bandwave”), a premier broadband solutions company based in Burlington City, New Jersey.  The acquisition significantly expands BullsEye’s scale and breadth of broadband expertise and market share. The combination of BullsEye and Bandwave brings together the industry’s brightest and best team members to achieve heightened growth while offering one of the most comprehensive telecommunications service offerings in the market.

BACKGROUND:

With a new CEO in place, BullsEye was set to build on its success by exploring acquisitions as an element to complement its organic growth strategy.  Acknowledging that the management team was already loaded managing BullsEye’s existing growth and did not have acquisition experience, they sought a partner to help them execute their plan.

After a rigorous review process, Cascade Partners was engaged to assist.

We were not engaged because of our telecommunications experience, but rather the depth of experience helping execute proprietary acquisitions across numerous industries.

Strategy Development and Refinement

The team at Cascade Partners helped BullsEye refine and prioritize its growth strategy and then identified which of those strategies were best accomplished through a focused acquisition program.

Research

Using a refined acquisition profile, Cascade Partners was able to identify and contact a variety of companies across the United States that met BullsEye criteria.

Experience with Acquisitions

During conversations with Bandwave Systems, it became clear that it was an ideal fit for BullsEye from a service offering and customer profile.  In addition, the nature of Bandwave’s business made it a straightforward acquisition for BullsEye to digest and make part of its organization.

The acquisition is an initial step of BullsEye’s ongoing strategy to build increasing operational scale and to strengthen the portfolio of digital telecommunications services offered by the Company.

Cascade Partners serves as the exclusive financial advisor to BullsEye and arranged the necessary financing for the transaction.

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