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ARCOS acquires TextPower to enhance utility operations with comprehensive communication solutions

PRIVATEJun 26, 2024

Acquiring Company

ARCOS

Acquired Company

TextPower

ColumbusSoftwareSaaSInformation TechnologyHardwareSoftwareMessaging

Description

ARCOS® LLC, a leader in workforce management solutions, has acquired TextPower, a pioneer in text messaging communication services. This strategic move strengthens ARCOS’s commitment to enhancing utility operations in both critical response and daily work through a single comprehensive suite of solutions. The acquisition aims to leverage TextPower's expertise to provide fast, effective communication tools and unlock new possibilities to deliver unparalleled value to utility customers.

Quick answer

ARCOS is acquiring TextPower, announced June 26, 2024. ARCOS is based in Columbus, Ohio, United States.

How much did ARCOS pay for TextPower?
The deal value was not disclosed.
What does ARCOS do?
ARCOS provides innovative workforce management solutions that help utilities and other critical infrastructure industries manage people, work, and assets in a single platform.
Where are ARCOS and TextPower based?
ARCOS is based in Columbus, Ohio, United States.
Who are the decision-makers at ARCOS?
Fundz holds 2 contacts at ARCOS. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

ARCOS

Location

Columbus, Ohio, United States

About

ARCOS provides innovative workforce management solutions that help utilities and other critical infrastructure industries manage people, work, and assets in a single platform. ARCOS enables utilities to quickly mobilize personnel for blue and grey sky work, manage native and non-native crews in a single system, and accelerate operations with field mobility tools that deliver real-time situational awareness. More than 400 utilities rely on ARCOS to advance safety, reduce field costs, and improve response times and customer satisfaction.

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Frequently asked

Who acquired TextPower?

TextPower was acquired by ARCOS, based in Columbus. The deal was reported on June 26, 2024. ARCOS provides innovative workforce management solutions that help utilities and other critical infrastructure industries manage people, work, and assets in a single platform. ARCOS is privately held and operates in Software.

When did ARCOS acquire TextPower?

ARCOS's acquisition of TextPower was reported on June 26, 2024. ARCOS® LLC, a leader in workforce management solutions, has acquired TextPower, a pioneer in text messaging communication services. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does TextPower do?

TextPower, Inc., was formed by two veteran entrepreneurs with deep experience in the wireless industry. It is privately held, operating in Information Technology.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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