News : Momentum Telecom Completes Acquisition of DCT Telecom Group
Atlanta, GA, USA, Aug 12, 2019 -- Momentum Telecom, a provider of cloud voice, network services and unified communications solutions, announced that it has completed its transaction to acquire DCT Telecom Group. Based in Cleveland, Ohio, DCT is a provider of cloud voice and network solutions.
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"We’re happy to welcome DCT into the Momentum family and we’re looking forward to combining efforts to further our white-glove experience and enterprise customer knowledge," said Todd Zittrouer, Momentum Telecom CEO. "The future continues to be bright for Momentum, and we’re excited about our continued expansion and leadership in the UCaaS market."
The terms of the transaction were not disclosed.
KPMG and Dechert LLP served as financial advisor and legal counsel to Momentum in connection with this transaction. Bank Street Group LLC served as financial advisor to DCT.
Posted by Veronica Silva Cusi, news correspondent
Source: Momentum Telecom
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About Momentum Telecom, Inc.:
Momentum Telecom is a premier provider of Business Voice, BBX Broadband Management and Unified Communications solutions. Momentum's solutions offer smart, customizable cloud-based applications such as voice, video and collaboration that enhance business productivity and efficiency for direct customers and more than 500 channel and white label partners, nationwide. Momentum Telecom is committed to delivering best-in-class products backed by a geo-redundant network paired with industry leading uptime and customer service.
Published: Wednesday, August 14, 2019