WAV Completes Acquisition of ISP Supplies to Boost Distribution Reach

Deal News | Nov 13, 2024 | Newswire Business

WAV Completes Acquisition of ISP Supplies to Boost Distribution Reach

WAV, a comprehensive distributor of fiber, fixed wireless, and Wi-Fi equipment based in Aurora, Illinois, has announced the acquisition of ISP Supplies, a prominent broadband solutions provider located in College Station, Texas. The acquisition aims to enhance the distribution of both companies by expanding their product offerings and improving customer support across the United States. Following the acquisition, ISP Supplies will operate as a subsidiary while maintaining its brand identity as 'ISP Supplies, Powered by WAV.' Norm Dumbroff, CEO of WAV, highlighted the integration of supplier portfolios and distribution capabilities as key aspects of the acquisition. Steve Discher, the founder and CEO of ISP Supplies, expressed confidence that the merger of technical expertise would allow both companies to better address the increasing demand for connectivity. WAV specializes in wireless broadband, fiber, LTE, and Wi-Fi equipment, while ISP Supplies focuses on network design, deployment, and frequency coordination.

Sectors

  • Telecommunications
  • Technology

Geography

  • United States – The article discusses companies headquartered in Illinois and Texas, focusing on expanding operations across the U.S.

Industry

  • Telecommunications – The article involves companies that provide broadband solutions and wireless communication equipment, which are part of the telecommunications industry.
  • Technology – The focus on fiber, Wi-Fi equipment, and broadband solutions places the companies in the technology sector, highlighting their role in network design and deployment.

Financials

    Participants

    NameRoleTypeDescription
    WAVAcquiring CompanyCompanyA distributor of wireless broadband, fiber, LTE, and Wi-Fi equipment based in Aurora, Illinois.
    ISP SuppliesTarget CompanyCompanyA provider of broadband solutions and services located in College Station, Texas, specializing in network design and deployment.
    Norm DumbroffCEOPersonChief Executive Officer of WAV.
    Steve DischerFounder and CEOPersonFounder and Chief Executive Officer of ISP Supplies.