Predict your next investment

Corporation
MOBILE & TELECOMMUNICATIONS | Telecom Services / VoIP
tncii.com

See what CB Insights has to offer

Founded Year

1991

Stage

Acquired | Acquired

About TNCI Operating Company

TNCI Operating Company, through its subsidiary, Trans National Communications International (TNCI), is a national telecommunications provider delivering a balance of industry experience and stability. TNCI's ability to help its customers navigate a shifting and often times chaotic market presents unique opportunities for its customers to compete and win. TNCI's solutions include business VoIP, local phone services in 48 states, long distance, MPLS, Dedicated Internet Access, and more. As a single source for quality voice and data services, TNCI offers its customers opportunities for success. With its range of services and a committed team, TNCI helps to eliminate the obstacles organizations might face working with other communications providers.

TNCI Operating Company Headquarter Location

114 E. Haley Street Suite I

Santa Barbara, California, 93101,

United States

800-800-8508

Latest TNCI Operating Company News

Lingo Announces Definitive Agreement to Acquire Impact Telecom

Jul 12, 2018

Share this article ATLANTA, July 12, 2018 /PRNewswire/ -- Lingo Communications LLC ("Lingo"), a leading nationwide network service provider dedicated to serving the SMB and consumer markets, announced today that it has entered into a definitive agreement to acquire 100 percent of the equity interests in Impact Acquisition LLC and TNCI Operating Company LLC (collectively, "Impact Telecom"), in an all-cash transaction. Highlights: Lingo to acquire Impact Telecom, including its customers, operations and network infrastructure Combined company is expected to have total pro forma annual revenue of approximately $175 million and annual Adjusted EBITDA of approximately $24 million, including cost synergies Transaction expected to be significantly accretive to Lingo's adjusted EBITDA immediately upon closing, leading to approximately $22 million in annual free cash flow Combined company will serve a highly attractive base of approximately 270,000 SMB, carrier and consumer customers throughout North America. The combination will create one of the largest network service providers in North America, with approximately 270,000 SMB, carrier and consumer customers and three 100 percent Internet Protocol-based networks. The combined customer base demonstrates strong fundamentals, with monthly recurring revenue comprising approximately 90 percent of total revenue and a churn rate below the industry average. In addition, the combined company will enjoy significant opportunities for growth by cross-selling and up-selling its comprehensive suite of SMB, carrier and consumer services. "This acquisition is a major milestone in Lingo's strategy to become the leading North American network service provider to SMB, carrier and consumer customers. In addition, this transaction will provide a robust platform from which to pursue additional value-enhancing initiatives including strategic acquisitions," said Vincent M. Oddo, president and chief executive officer of Lingo. "Customers increasingly demand services that are value-oriented, innovative and supported in a highly personalized manner. The combined company will be uniquely positioned to provide these products and services and will be able to do so with greater scale and resources." "The combination of Impact and Lingo is extremely symbiotic and a very natural fit," said Chuck Griffin, CEO of Impact Telecom. "The commitment to network integrity has earned the trust of both national and international top carriers and will continue to serve as the core infrastructure for the cumulative company. We are highly committed to our distribution channels and this builds even greater width of products to help us serve the SMB and consumer markets." Jones Day and Cahill Gordon & Reindel served as legal advisors to Lingo, with Paul Hastings and Morgan Lewis serving as legal counsel to Impact. Stephens Inc. served as exclusive financial advisor to Lingo. Impact Telecom is a portfolio company of an affiliate of Garrison Investment Group. About Lingo Lingo provides modern, efficient, IP-based voice and data services to small-to-medium sized businesses (SMB) and consumers in all 50 states. Lingo has an expansive nationwide IP-based network, experienced leadership and support staff with exceptional 365/7/24 customer care. For additional information about Lingo, please visit lingo.com . About Impact Impact Telecom is a communications company serving more than 150,000 business, carrier and residential customers with over 25 years of history. Big enough to continue investing in people, process and infrastructure, but flexible enough to provide personal service, transparent operations and dedicated support to any sized customer, our best-in-class solutions and network carrying billions of minutes and messages every month, are supported with dedication and pride by a 100 percent U.S.-based team of extraordinary people. For additional information about Impact, please visit impacttelecom.com . Press Contact

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

CB Insights uses Cookies

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.