Bentonville-based technology company TeleComp Holdings Inc. has acquired TeleGen Solutions of Tulsa. TeleComp announced the deal Tuesday (Jan. 8), and the purchase was completed Dec. 17. Financial terms of the deal were not disclosed.
TeleComp will use the former TeleGen office on 46th Street in Tulsa. Along with this office, TeleComp will have offices in downtown Bentonville and downtown Little Rock. TeleGen has offered business and hospitality phone systems, low voltage cabling and closed-circuit television security for the past two decades in Tulsa.
“TeleGen’s history of putting customer service and customer experience as their top priority aligns perfectly with TeleComp’s mission,” said Chris Beaty, chief operating officer of TeleComp. “We are looking forward to having a brick-and-mortar presence in Oklahoma that will allow us to better serve our existing Oklahoma customer base as well as bring our cutting-edge enterprise technology solutions to TeleGen’s existing customer base. I’m very pleased that TeleGen’s entire staff has decided to stay on and join our TeleComp family. We know that transitions can be difficult for employees and customers, but I want to reiterate that the names and faces that TeleGen customers are used to seeing will not be changing.”
TeleGen has 12 employees, and the combined companies have 45 employees, Beaty said. TeleComp plans to relocate its headquarters to a new office building at 5104 Pinnacle Hills Parkway in Rogers. It’s set to open Feb. 1.
Some of the technology that TeleComp will offer in the Tulsa area are campus and branch office technology, hosted, virtualization, Voice over Internet Protocol, software-defined networking in a wide area network, bandwidth and managed service offerings.
TeleComp offers hosted cloud phone systems and contact centers on a proprietary cloud platform. The company is a Tier 3 phone and internet carrier and provides business fiber through its fiber network and wholesale agreement with AT&T. TeleComp Holdings was created in 2017 by the merger of TeleComp Computers Services and IPC Communications of Rogers. As part of the deal, investment and real estate company Beaty Capital Group Inc. of Rogers purchased 30% of the new company.