Lingo Management LLC, a cloud communications and managed services provider, is acquiring BullsEye Telecom, a technology service provider.
BullsEye is a communications provider that serves thousands of businesses, ranging from single-location businesses to multi-location enterprises. BullsEye offers SD-WAN, security, UCaaS, internet connectivity, managed wi-fi, POTS, and POTS alternative services.
Lingo provides modern, efficient, IP-based voice, data, and managed services to customers around the globe. The acquisition will further empower Lingo to advance its strategy as one of the largest single-source providers of cloud communications and managed services for business and carrier customers.
“Lingo is uniquely positioned to provide these services and can now do so with increased scale and resources,” said Vincent Oddo, CEO of Lingo. “This combination will elevate Lingo into the top tier of cloud communications and managed service providers. The combined company will operate a large North American network that delivers a wide array of communications services and processes over eighteen billion minutes of customer voice traffic annually.”
King & Spalding LLP is acting as legal advisor, B. Riley Advisory Services is acting as financial advisor and Cahill, Gordon & Reindel LLP is acting as regulatory advisor to Lingo in the transaction. The Bank Street Group is acting as a financial advisor, Dykema Gossett is acting as a legal advisor and Klein Law Group is acting as regulatory counsel to BullsEye in the transaction.