{"id":2578,"date":"2019-04-29T13:43:20","date_gmt":"2019-04-29T17:43:20","guid":{"rendered":"http:\/\/telecontemporary.flywheelsites.com\/?p=2578"},"modified":"2019-04-29T13:43:20","modified_gmt":"2019-04-29T17:43:20","slug":"telecon-acquires-sc360-and-strengthens-the-scope-of-its-connectivity-services-in-canada","status":"publish","type":"post","link":"https:\/\/telecon.com\/en\/telecon-acquires-sc360-and-strengthens-the-scope-of-its-connectivity-services-in-canada\/","title":{"rendered":"Telecon acquires SC360 and strengthens the scope of its connectivity services in Canada"},"content":{"rendered":"

Montreal, April 29, 2019<\/strong> – Telecon, the national leader in telecommunications network infrastructure services (designing, building and connecting networks), today announced the acquisition of SC360, a company specializing in residential installation, business connectivity, managed service provider (MSP) connectivity services and installation and maintenance of network infrastructure. SC360 has over a dozen locations and more than 600 employees throughout Canada, with an increased presence in Qu\u00e9bec and Ontario.<\/p>\n

This strategic acquisition strengthens the presence and scope of Telecon\u2019s existing connectivity services in Canada, particularly in several key secondary markets in Qu\u00e9bec and Ontario. It also significantly increases the company\u2019s offering to cable companies and diversifies its client base.<\/p>\n

\u201cThis transaction is in line with Telecon\u2019s strategic plan and positions us as a vital leader in the deployment of 5G networks in the country. It also makes us as a key player in the technologies related to the Internet of Things<\/em>\u201d, said Andr\u00e9 H\u00e9roux, President and CEO of Telecon.<\/p>\n

Nationally, Telecon\u2019s connectivity team now has a crew of nearly 900 skilled employees to provide high-quality services to network operators and businesses.<\/p>\n

SC360\u2019s activities will continue under the current banner, recognized in the market for its versatility, agility and excellent client approach. Gaston Dandurand, currently President of SC360, will continue to lead the team under the leadership of Daniel Robillard, Senior Vice-President, Connectivity and Telecon Enterprise.<\/p>\n

For this transaction, Telecon benefits from the funding and strategic support of institutional investors including Clearspring Capital Partners, Caisse de d\u00e9p\u00f4t et placement du Qu\u00e9bec and Capital r\u00e9gional et coop\u00e9ratif Desjardins, as well as funding from members of Telecon\u2019s Senior Leadership team.<\/p>\n

\"\"<\/p>\n

About Telecon Inc.
\n<\/strong>Founded in 1967, Telecon is Canada\u2019s leading telecommunication network infrastructure services provider. The company leverages its national presence, 3,400 employees, client relationships and 50-year history to offer industry-leading design, locate, infrastructure and connectivity solutions to telecommunication companies and corporate clients nationwide. For more information on Telecon, visit\u00a0telecon.com<\/a>.<\/p>\n

About Clearspring Capital Partners
\n<\/strong>Clearspring Capital Partners is a leading Canadian mid-market private equity firm that invests in and acquires medium-sized companies through buyouts, growth and acquisition financings, going private transactions, industry consolidations, recapitalizations and other types of transactions. The Clearspring team works closely with the management team of its portfolio companies to ensure the creation of added value. For more information, visit cscap.ca<\/a>.<\/p>\n

About Caisse de d\u00e9p\u00f4t et placement du Qu\u00e9bec
\n<\/strong>Caisse de d\u00e9p\u00f4t et placement du Qu\u00e9bec (CDPQ) is a long-term institutional investor that manages funds primarily for public and parapublic pension and insurance plans. As at December\u00a031, 2018, it held CA$309.5\u00a0billion in net assets. As one of Canada’s leading institutional fund managers, CDPQ invests globally in major financial markets, private equity, infrastructure, real estate and private debt. For more information, visit cdpq.com<\/a>.<\/p>\n

About Capital r\u00e9gional et coop\u00e9ratif Desjardins
\n<\/strong>With nearly 108,000\u00a0shareholders, Capital r\u00e9gional et coop\u00e9ratif Desjardins (CRCD) is a public company with $2,169\u00a0million in net assets. CRCD contributes to Qu\u00e9bec economic development through several levers developed with its manager, Desjardins Capital. These levers, with CRCD as the driving force, form its entrepreneurial ecosystem designed to value and nurture the best of Qu\u00e9bec entrepreneurship. CRCD supports the growth of nearly 470\u00a0businesses, cooperatives and funds in various industries spanning all Qu\u00e9bec regions, helping to create and retain more than 58,000\u00a0jobs. For more information, visit capitalregional.com<\/a>.<\/p>\n

 <\/p>\n

– 30 –<\/p>\n

SOURCE:<\/p>\n

For more information:<\/p>\n

Daniel Robillard
\nSenior Vice-President, Connectivity and Enterprise
\nTelecon
\nPhone: 514\u00a0910-9386
\nEmail: Daniel.robillard@telecon.ca<\/a><\/p>\n

Anne-Marie Desautels
\nSenior Manager, Marketing and Communications
\nTelecon
\nPhone: 514\u00a0356-6202
\nEmail: \u00a0 anne-marie.desautels@telecon.ca<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Montreal, April 29, 2019 – Telecon, the national leader in telecommunications network infrastructure services (designing, building and connecting networks), today announced the acquisition of SC360, a company specializing in residential installation, business connectivity, managed service provider (MSP) connectivity services and installation and maintenance of network infrastructure. SC360 has over a dozen locations and more than… Read more »<\/a><\/p>\n","protected":false},"author":16,"featured_media":2576,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[19],"tags":[],"class_list":["post-2578","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-headlines"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecon.com\/en\/wp-json\/wp\/v2\/posts\/2578","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecon.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecon.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecon.com\/en\/wp-json\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/telecon.com\/en\/wp-json\/wp\/v2\/comments?post=2578"}],"version-history":[{"count":2,"href":"https:\/\/telecon.com\/en\/wp-json\/wp\/v2\/posts\/2578\/revisions"}],"predecessor-version":[{"id":2580,"href":"https:\/\/telecon.com\/en\/wp-json\/wp\/v2\/posts\/2578\/revisions\/2580"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/telecon.com\/en\/wp-json\/wp\/v2\/media\/2576"}],"wp:attachment":[{"href":"https:\/\/telecon.com\/en\/wp-json\/wp\/v2\/media?parent=2578"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecon.com\/en\/wp-json\/wp\/v2\/categories?post=2578"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecon.com\/en\/wp-json\/wp\/v2\/tags?post=2578"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}