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Crexendo acquires ESI to enhance telecom services

PUBLIC · CXDOAug 12, 2026about 3 hours ago

Acquiring Company

Crexendo

Acquired Company

ESI

Grand RapidsInformation TechnologyHardwareSoftwareConstructionBuilding MaintenanceBuilding Material

Description

Crexendo has announced its acquisition of ESI, significantly contributing to its revenue growth in the telecom sector. The acquisition has enabled Crexendo to enhance its service offerings and drive higher margins. ESI's integration is anticipated to deliver further operational efficiencies and growth opportunities. Following this acquisition, Crexendo reported a strong financial performance in Q2 2026.

Company Information

Company

Crexendo

About

Crexendo, Inc. is an award-winning software technology company and a premier provider of cloud communication platform software and unified communication as service (UCaaS) offerings.

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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

Frequently asked

Who acquired ESI?

ESI was acquired by Crexendo. The deal was reported on August 12, 2026. Crexendo, Inc. is an award-winning software technology company and a premier provider of cloud communication platform software and unified communication as service (UCaaS) offerings. Crexendo is publicly traded (CXDO) and operates in Information Technology.

When did Crexendo acquire ESI?

Crexendo's acquisition of ESI was reported on August 12, 2026. Crexendo has announced its acquisition of ESI, significantly contributing to its revenue growth in the telecom sector. The acquisition has enabled Crexendo to enhance its service offerings and drive higher margins. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does ESI do?

ESI has served Michigan since 1987, performing elevator maintenance, repair, modernization, installation, and testing required by the State of Michigan to the commercial, municipal, industrial, and residential markets. It is privately held, operating in Construction, and is based in Grand Rapids.

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