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FSH Communications Completes Successful Acquisition of Fox Telecom(June 14, 2012)
Chicago, IL (PRWEB) June 14, 2012
Chicago/Denver - (June 14, 2012) FSH Communications (FSH), a leading national communications services provider, announced today the successful completion of the acquisition of Fox Telecom, a Rocky Mountains telecommunications service provider since 1989. Tony Fox, Founder and Chief Executive Officer of Fox Telecom, will continue on as CEO. Cornhusker Capital, LLC served as lead advisor to FSH in the strategic acquisition.
We are extremely pleased with the acquisition and look forward to significant growth opportunities with Tony Fox, who will continue on as the Chief Executive Officer of Fox Telecom, said Mike Tatom, Executive Vice-President & Partner of FSH Communications. Fox Telecom will enable our company to provide a better level of service for our clients while also solidifying our position as a leader in communications services in the Western United States.
As part of a strategic acquisition strategy, the addition of Fox Telecom will strengthen FSH Communications portfolio of services, including broadband, VoIP, Video, ATM, and content services.
About FSH Communications:
FSH Communications is a leading national communications services provider headquartered in Chicago, IL with regional offices in the states of AZ, CO, MN, NE, and WA. FSH serves every state in the Western US OVER 1.2 million square miles of territory. In 2004 FSH Communications acquired the payphone and inmate calling services assets of Qwest Communications International, Inc. Since that time, FSH has completed a handful of other acquisitions focusing on low voltage and telecommunications services providers. FSH provides telecommunications installation (business lines, cable, DSL & WiFi Hotspots, among other), maintenance and repair; telecommunications management; call center service and support; channel partnerships; and content management. For more information, please visit http://www.fshcommunications.com.
About Fox Telecom
Founded in 1989, Fox Telecom is a leading telecommunications services integrator. Fox Telecom is the initial service provider company to offer fixed rate pricing for installation and repair service to AT&T small business systems in the western region of the U.S. In the Rocky Mountain region, Fox Telecom has installed more than 3,200 systems, serviced 16,000 repair tickets and 11,000 MAC orders for AT&T/Avaya/Lucent. Fox Telecom continues to use this model to successfully support small businesses, as well as fortune 500 companies, throughout the United States. This includes servicing, installing and training for telecom and video systems, wiring and wireless systems as well as end user peripheral nodes. To learn more, please visit our website at http://www.foxtelecom.com.
About Cornhusker Capital, LLC:
Cornhusker Capital, LLC is an investment banking and merchant banking services firm focusing on financial advisory, capital raising for both debt and equity, mergers & acquisitions (M&A) advisory, employee stock option plans (ESOPs), and restructuring services for business services entities. Cornhusker Capital has highly experienced advisors focusing on the lower end of the middle market with a sweet spot that is typically those companies under $200 million in revenue; and greater than $1 Million in trailing twelve months earnings before interest depreciation and amortization (EBITDA). Our principals and Advisory Board has more than 100 years of collective deal making experience. For additional information, please visit our website at http://www.cornhuskercapital.com.
Read the full story at http://www.prweb.com/releases/2012/6/prweb9603808.htm.
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