Linx Partners is pleased to announce its acquisition of Clover Telecom. Linx has partnered with the management team of Clover to purchase the Company from its former parent. This acquisition is the sixth platform acquisition for Fund III and is Linx Partners’ second repair and maintenance platform investment.
Clover Telecom, based in Dallas, Texas is a leading provider of equipment distribution and repair and maintenance services for a blue-chip customer base in the wireless, cable, data and wireline industries. The Company’s core services include (i) equipment distribution; (ii) equipment testing and repair; (iii) out of warranty technical support; and (iv) field services. Clover offers its global customers access to its extensive inventory of new and used networking equipment, as well as expansive repair and engineering capabilities on over 20 of the top Network Equipment OEMs.
“Linx was drawn to Clover because of the company’s talented management team, strategic growth opportunities and diversification of end markets,” said Giny Mullins, Managing Director at Linx Partners. “The Company’s expertise in networking equipment and breadth of repair and maintenance capabilities translate into tremendous potential in existing and new markets that are natural extensions of the business. In addition, this is a fragmented market that will provide abundant add-on opportunities for growth.”
“We couldn’t be more excited about the fit we have found with Linx Partners” said Gordon Smith, President. “Our two groups are aligned in our vision for growing our customer base, geographic presence, and technical capabilities.”
For more information on Clover Telecom, visit www.clovertelecom.com