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NetSpark acquires Firefly Telecom to enhance platform

Apr 15, 20258 months ago

Acquiring Company

NetSpark IP & Telecom

Acquired Company

Firefly Telecom

DallasFoothill RanchVoipCall CenterCyber SecurityHardwareInformation TechnologyTelecommunications

Description

NetSpark IP & Telecom has acquired the telecom division of Firefly IT Asset Recovery. This strategic move marks NetSpark's fifth investment and aims to expand its channel program while providing carrier-agnostic telecom solutions. Firefly Telecom's leadership will transition into roles within NetSpark's carrier services division to help drive the integration.

Company Information

Company

NetSpark IP & Telecom

Location

Dallas, Texas, United States

About

NetSpark IP & Telecom provides tailored solutions for business networks, voice services, mobility, cybersecurity, and lifecycle management. A partnership-focused company, NetSpark is dedicated to the alignment and integration of leading businesses in the telecom, connectivity, and managed services sectors. Its unique core services offering and national footprint provide its partner network with unsurpassed industry knowledge and support.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed