Telecom Technologies & Services Archives

FOCUS Investment Banking Represents J. Lee Associates in its Acquisition by Thayer Infrastructure Services

FOCUS Investment Banking Represents J. Lee Associates in its Acquisition by Thayer Infrastructure Services

admin2024-02-12T23:33:07+00:00Deals, Mergers & Acquisitions News, Mergers, Acquisitions & Divestitures, Telecom Technologies & Services|

FOCUS Investment Banking (“FOCUS”), a national middle market investment banking firm providing merger, acquisition, divestiture and corporate finance services, announced today that J. Lee Associates, Inc. (“J. Lee”), a provider of construction and site acquisition services to clients in the wireless industry, has been acquired by Thayer Infrastructure Services, LLC (“TIS”).

FOCUS Enterprise-Focused Telecom Technology Quarterly – Spring 2022

FOCUS Enterprise-Focused Telecom Technology Quarterly – Spring 2022

dev2024-01-22T11:02:36+00:00Downloads, Industry Reports, Telecom Technologies & Services|

Public Markets

The FOCUS Enterprise-Focused Telecom Technology Index (EFTTI) continued its downward slide with a loss of 8.4% in the past three months. This performance was essentially in-line with the 8.5% loss in the S&P 500 but better than the 13.4% drop in the NASDAQ over the corresponding time period. The EFTTI is also in negative territory for the full year with a decline of 6.4%. This underperformed the 1.2% dip in the S&P 500 but outperformed the NASDAQ’s 11.7% decline. Compared to this time last year, the sector revenue multiple dropped from 6.3x to 5.4x.The sector EBITDA multiple also declined, but at a much more modest rate as it went from 24.0x a year ago to 21.8x currently.

FOCUS Investment Banking Represents Software Synergy in its Acquisition by TEOCO

FOCUS Investment Banking Represents Software Synergy in its Acquisition by TEOCO

admin2024-02-12T23:33:09+00:00Deals, Mergers & Acquisitions News, Mergers, Acquisitions & Divestitures, Telecom Technologies & Services|

FOCUS Investment Banking (“FOCUS”), a national middle market investment banking firm providing merger, acquisition, divestiture and corporate finance services, announced today that it represented Software Synergy, Inc. (“SSI”), a provider of automated, intelligent network-wide routing and optimization solutions for the planning and management of communications service provider networks, in its acquisition by TEOCO. The transaction closed in December 2021.

FOCUS Telecom U.S. Communications Service Provider Quarterly: Spring 2022 Report

FOCUS Telecom U.S. Communications Service Provider Quarterly: Spring 2022 Report

Richard Pierce2024-02-22T21:54:03+00:00Downloads, Industry Reports, Telecom Technologies & Services|

Public Markets

The FOCUS Communications Service Provider Index (CSPI) once again ended up in negative territory after it dropped 7.9% in the past three months. This marks the third straight period where the sector posted a negative return.

FOCUS Telecom Business Services Quarterly: Spring 2022 Report

FOCUS Telecom Business Services Quarterly: Spring 2022 Report

dev2024-01-22T11:02:19+00:00Downloads, Industry Reports, Telecom Technologies & Services|

Public Markets

The FOCUS Telecom Business Services Index (TBSI) continued to alternate between positive and negative returns each reporting period. Unfortunately, this period was a negative return as the TBSI dropped 7.5% in the past three months.This underperformed the 5.0% drop in the S&P 500 but outperformed the 9.1% loss in the NASDAQ over the corresponding time period. Over the past 12 months the TBSI is in the black with a small gain of 2.3%. However, this return lags both the 14.0% gain in the S&P 500 and the 7.3% gain in the NASDAQ over the past year. Sector multiples are relatively unchanged from a year ago. The TBSI’s revenue multiple held steady at 1.0x, while the EBITDA multiple ticked up slightly from 10.7x a year ago to 10.9x at the end of the current reporting period.

Sage Management Case Study

Sage Management Case Study

admin2024-02-12T22:07:45+00:00Case Studies, Downloads, Telecom Technologies & Services|

Sage Management, Inc. (“Sage”), a provider of best-in-class software-driven solutions that enable telecom service providers, large enterprises, and government customers to optimize their communications inventory, has been acquired by SIB Fixed Cost Reduction, a portfolio company of O2 Investment Partners. FOCUS initiated this transaction and advised Sage throughout the process. This case study highlights the unique process of this transaction.

FOCUS Carrier-Focused Telecom Technology Quarterly: Spring 2022 Report

FOCUS Carrier-Focused Telecom Technology Quarterly: Spring 2022 Report

Richard Pierce2024-01-22T11:02:07+00:00Downloads, Industry Reports, Telecom Technologies & Services|

Public Markets

The FOCUS Carrier-Focused Telecom Technology Index (CFTTI) suffered a second straight reporting period in negative territory, although the decline this period was only slight at 0.3%. Even with this period’s decline, the sector still outperformed both the S&P 500 (down 4.2%) and the NASDAQ (down 11.5%) over this past three months. The sector still remains in positive territory for the full year with a gain of 12.6%. This gain lagged the 14.8% increase in the S&P 500 over the past year, but was higher than the 4.2% gain in the NASDAQ. Sub sector multiples ticked up slightly compared to a year ago. The sub sector revenue multiple went from 2.3x to 2.5x, while the sub sector EBITDA multiple expanded from 11.2x to 12.0x.

FOCUS Enterprise-Focused Telecom Technology Quarterly – Winter 2022

FOCUS Enterprise-Focused Telecom Technology Quarterly – Winter 2022

dev2024-01-22T11:02:05+00:00Downloads, Industry Reports, Telecom Technologies & Services|

Public Markets

The FOCUS Enterprise-Focused Telecom Technology Index (EFTTI) dipped sharply into the red this reporting period with a three-month loss of 11.0%. While the broader market indices were down as well, the EFTTI still underperformed both the S&P 500 (down 2.0% for the period) and the NASDAQ (down 8.1% for the period). The sector still managed to remain in positive territory for the full year period with a modest gain of 4.1%. However, this once again underperformed both the 21.6% gain in the S&P 500 and the 9.0% gain in the NASDAQ over the corresponding time frame. Sector multiples closed out the period at 6.0x revenue and 23.5x EBITDA. Both of these represent slight declines from year-ago multiples of 6.3x revenue and 24.1x EBITDA.

FOCUS U.S. Communications Service Provider Quarterly: Winter 2022 Report

FOCUS U.S. Communications Service Provider Quarterly: Winter 2022 Report

dev2024-01-22T11:01:51+00:00Downloads, Industry Reports, Telecom Technologies & Services|

Public Markets

Unfortunately, the FOCUS Communications Service Provider Index (CSPI) continued its downward slide in our winter reporting period with a three-month drop of 8.7%. This was despite a favorable market backdrop in which the S&P 500 gained 10.7% and the NASDAQ gained 8.3%. The situation is similar for the full year period.The CSPI posted an annual loss of 12.4%, while the S&P 500 and NASDAQ closed out the year with gains north of 20%. Not surprisingly, sector multiples are lower than they were in the year-ago period.The CSPI’s revenue multiple dropped from 2.9x to 2.7x, while its EBITDA multiple fell from 8.3x to 7.6x

FOCUS Telecom Business Services Quarterly: Winter 2022 Report

FOCUS Telecom Business Services Quarterly: Winter 2022 Report

dev2024-01-22T11:01:42+00:00Downloads, Industry Reports, Telecom Technologies & Services|

Public Markets

The FOCUS Telecom Business Services Index (TBSI) returned to positive territory this reporting period with a strong three-month gain of 9.0%. This put the TBSI in between the 10.7% return in the S&P 500 and the 8.3% return in the NASDAQ over the corresponding time frame. The sector looks even better over the longer 12-month time frame. The 34.6% gain in the TBSI outstripped both the 26.9% gain in the S&P 500 and the 21.4% gain in the NASDAQ. In addition, sector multiples went from 0.8x revenue and 9.4x EBITDA in the year-ago period to 1.0x revenue and 11.0x EBITDA at the end of the current reporting period.