Charleston, SC, October 1, 2024 — Murphy Business Sales – is pleased to announce the successful sale of TELCOM Inc., a leading telecommunications cabling and installation company based in Columbia, South Carolina. The transaction was facilitated by Jesse Stone and Tully Ryan, both Senior M&A Advisors at Murphy Business, representing the sell-side. Financial details of the transaction remain undisclosed.
TELCOM Inc. has been a reliable provider of telecommunication solutions since its founding in 1982. Over the years, the company expanded its offerings to include telephony systems, structured cabling, wireless access points, and surveillance systems. The company’s consistent growth is reflected in its recent financial performance, with annual revenues reaching $4.39M in 2023, along with $1.14M in adjusted EBITDA. TELCOM serves a diverse customer base, with public-sector institutions such as school districts making up 80% of its revenue.
With this acquisition, TELCOM is well-positioned to capitalize on the increasing demand for telecommunications infrastructure and services across the Southeast, further enhancing its reputation as a market leader in the industry.
For more information, please contact:
Tully Ryan
Murphy Business Sales – Triangle & Eastern NC
Phone: 252-377-4888
Email: t.ryan@murphybusiness.com
About Murphy Business
Murphy Business is a trusted advisor for owners of established mid-market businesses, specializing in transactions for companies with EBITDA exceeding $1.0M. Our experienced deal team, with a strong regional presence in North Carolina, South Carolina, and Virginia, has a proven track record of exceeding client expectations across North America. Having facilitated over $3.9 billion in transactions, we offer creative solutions to help business owners achieve their personal goals, whether it’s selling their business, crafting a succession plan, or identifying the ideal acquisition. Our local offices in Edenton, NC, Wilmington, NC, Raleigh, NC and Columbia, SC provide personalized service in the Carolina’s with a national reach.