Tampa, Fla. (PRWEB) October 9, 2007
Publicly traded Brookside Technology Holdings (OTCBB: BKSD), a NORTEL Premium Advantage Partner and AT&T Solution Provider, has acquired leading telecommunications company U.S. Voice and Data, embarking on its mission to become a national provider of turnkey telephony, VoIP, and data communications services. This first acquisition is expected to be the first of many mergers, acquisitions and asset purchases Brookside Technology Holdings expects to make in the next 12 months.
Ranked as one of NEC's fastest growing business partners, U.S. Voice and Data, headquartered in Louisville, Kentucky, is a leading regional provider of telecommunications services, including planning, design, installation and maintenance for converged voice and data systems.
Michael Nole, Chairman and CEO of Brookside, stated, "We are excited to have completed the acquisition of U.S. Voice and Data, which marks an important milestone as we advance our strategy of becoming a leading national provider of turnkey converged voice and data services. U.S. Voice and Data brings a very talented group of industry veterans, and significantly enhances our capabilities, as well as our geographic penetration. With high recurring revenue and strong cash flow, this acquisition should be immediately accretive to earnings."
The acquisition illustrates Brookside Technology's ability to identify complementary businesses at attractive valuations. The company expects a rapid and successful integration, followed by continued efforts to identify other potential acquisition targets that will allow it to fully leverage its infrastructure and capabilities.
VoIP, unified messaging, data switching, network security and video surveillance, and Wi-Fi are among the telecommunications services and solutions Brookside Technology offers. The company has its eye on providing its services to such markets as healthcare, government, retail, corporate, and entertainment, as businesses make the switch from fixed line phones to more cost effective, functional, and convenient telecommunications services.
About Brookside Technology Holdings Corp.
Brookside Technology Holdings Corp. is a holding company whose goal is to consolidate through mergers, acquisitions and asset purchases of like companies looking to capitalize on the highly specialized market of providing turnkey converged voice and data solutions for companies of all sizes and types. More information on the company can be found at http://www.brooksideus.com.