NEW YORK, Feb. 7, 2019 /PRNewswire/ -- BCM One, a leading managed technology solutions provider, announced today that Thompson Street Capital Partners ("TSCP"), a St. Louis-based private equity firm, has partnered with management to recapitalize the company. KPMG Corporate Finance served as the exclusive financial advisor to BCM One. Terms of the transaction were not disclosed.
Concurrent with the recapitalization of BCM One, TSCP also completed an acquisition of SIPTRUNK/SIP.US ("SIP"). SIP will become part of the BCM One entity and will expand the firm's presence into the fast-growing SIP-enabled voice segment with its fully proprietary solution designed to quickly and easily migrate businesses onto next-generation voice solutions. With these strategic changes, BCM One will enhance its position as a leader in delivering fully managed technology solutions to businesses, serving over 6,000 customers across all verticals.
"This strategic move will empower BCM One, a company we both proudly founded over 25 years ago, to aggressively reach the next phase of growth while enhancing the people, products, processes and systems that support our business," stated Frank Ahearn and John Cunningham, founders of BCM One.
The principal leaders, Ahearn and Cunningham, will serve as board members of BCM One going forward. Jay Monaghan, former partner and president of BCM One, will serve an observatory role on the board of directors. Geoff Bloss, formerly the chief operating officer with a seven-year tenure at BCM One, is named chief executive officer of BCM One and will serve on the BCM One board of directors. Mark Amick, from SIPTRUNK/SIP.US, will remain as the chief operating officer of the SIP solution set and will be based in Alpharetta, Georgia.
Brian Kornmann, managing director of TSCP, said, "The acquisition of SIP under the BCM One entity reflects our collective confidence in the market for next-generation voice services. This move positions BCM One as a leading technology platform company that can deliver best-in-class services to enterprises across the U.S. and will serve as a basis for further acquisitions in the space."
The company will continue to operate as BCM One, headquartered in Manhattan, New York, with the addition of SIPTRUNK/SIP.US operating under the BCM One entity.
ABOUT BCM ONE
Founded in 1992, BCM One is a leading managed solutions provider offering businesses a one-stop shop for integrated technology needs. Serving over 4,500 customers worldwide, BCM One offers a variety of solutions supporting businesses' critical network infrastructure – including technology expense optimization, unified communications, SDWAN, cloud, security and connectivity solutions. BCM One prides itself on its long-standing client relationships backed by their mission statement: "Providing a World-Class Experience with Every Human Interaction." To learn more about BCM One, visit www.bcmone.com.
ABOUT THOMPSON STREET CAPITAL PARTNERS
Thompson Street Capital Partners has acquired more than 100 companies in the Healthcare & Life Science Services, Software & Technology Services and Business Services & Engineered Products sectors and have managed more than $2.6 billion since being founded in 2000. TSCP partners with management teams to increase value by accelerating growth, both organically and via complementary acquisitions.
ABOUT KPMG CORPORATE FINANCE LLC
KPMG Corporate Finance LLC, a Delaware limited liability company, is a member of FINRA and SIPC and is registered as a broker dealer with the SEC. KPMG Corporate Finance LLC is a subsidiary of KPMG LLP, a Delaware limited liability partnership and the U.S. member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity. For more information please visit www.kpmgcorporatefinance.com.
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SOURCE BCM One Public Relations