Rogers-based technology company TeleComp Holdings Inc. has acquired Beasley Technology Inc. of Cushing, Okla., according to a news release.
The acquisition of the technology business was completed Nov. 14. Terms of the deal were not disclosed.
The acquisition is TeleComp’s second in the past 12 months. The company previously acquired TeleGen Solutions of Tulsa on Dec. 17, 2018. Also, TeleComp merged with IPC Communications of Rogers on Feb. 17, 2017.
“The combining of IPC and TeleComp in 2017 was a significant move for our employees, customers and future strategic partnerships,” said TeleComp CEO Chris Beaty. When asked about future growth, he 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+ employees strong. Each and every one of them are highly focused on providing the best products, service and experience to our customers. 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 acquisition of Beasley Technology doubled the size of TeleComp. Geoff Beasley, founder of Beasley Technology, will remain with TeleComp and be involved in the daily business.
“We’re excited to add over 25 additional engineering, installation and Network Operation Center resources to our technical team,” said Gino Capito, chief technology officer for TeleComp. “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.”
In 2018, TeleComp replaced the phone system with more than 10,000 users for the University of Arkansas for Medical Sciences.
“Beasley has many synergies with TeleComp,” said Robert Hines, chief operating officer for TeleComp. “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.”
TeleComp was founded in 2003 after the merger of three smaller telecommunications and computer companies. TeleComp, with offices in Little Rock and Tulsa, offers hosted cloud phone systems and contact centers using its own cloud platform, TeleCloud. It is a Tier 3 phone and internet carrier and has its own fiber network and wholesale agreement with AT&T.