Tech Company M&A Transactions
Inteliquent Acquisition
Inteliquent, based in Chicago, was bought by Sinch. The transaction price was $1.1 billion.
Transaction Overview
Company Name
Acquired By
Announced On
2/17/2021
Transaction Type
M&A
Amount
$1,140,000,000
M&A Terms
Sinch bought Inteliquent from private equity firm GTCR for $1.14 billion in cash. The deal will give Sinch a significant foothold in the U.S. market.
Company Information
Company Status
Acquired or Merged
Industry
Telecom
Mailing Address
550 West Adams Street 900
Chicago, IL 60661
USA
Chicago, IL 60661
USA
Phone
Website
Email Address
Overview
Inteliquent (previously known as Neutral Tandem) is the premier independent tandem company providing wireless, wireline, and broadband companies with a neutral infrastructure for exchanging voice traffic, eliminating the need to rely on the incumbent local exchange carrier (ILEC) to complete calls. Founded initially as Neutral Tandem, the company rebranded itself as Inteliquent in July 2012.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Edward Evans
Chief Financial Officer
Rob Junkroski
Chief Operating Officer
Surendra Saboo
VP - Bus. Development
David Zwick
VP - General Counsel
Richard Monto
VP - Regulatory Affairs
John Harrington
VP - Sales
David Lopez
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Where The Data Comes From
We do our best to document all VC transactions involving tech companies. VC investment data records reported here are sourced from publicly available VC deal announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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