Xobee Networks, Inc. (“Xobee” or the “Company”) (www.xobee.com), a leading full-service managed IT and cloud services provider and a portfolio company of O2 Investment Partners (www.o2investment.com), announced that it has partnered with Telco Business Solutions (“Telco”) (www.telcobusinesssolutions.com).
The Telco partnership marks Xobee’s third investment this year and represents another step forward in building a leading managed IT provider.
Headquartered in Monterey, California, Telco is a trusted provider of VoIP, managed IT, and low-voltage infrastructure solutions serving small and mid-sized businesses across California’s Central Coast —including Santa Cruz, Monterey, Salinas, and South San Jose — with select clients as far as San Diego and Wyoming.
Eric Rawn, Founder of Xobee, commented, “We’re excited to welcome the Telco team to the Xobee family. Stephen has built a strong business with deep customer relationships and a commitment to service excellence. Telco’s footprint and capabilities align well with our platform and will allow us to further strengthen our presence across the Bay Area and Central Coast.”
Stephen Jones, Founder of Telco Business Solutions, added, “Partnering with Xobee is a natural fit for our team and our customers. We share the same values and approach to client care, and I’m confident this partnership will enable Telco’s next chapter of growth while maintaining the quality and responsiveness our customers have come to expect.”
Sam Wegenke of O2 Investment Partners commented, “The Telco partnership marks Xobee’s third investment this year and represents another step forward in building a leading managed IT provider. Telco’s strong business fundamentals complement Xobee well and provide further penetration in key geographic areas. We are excited about our current trajectory and look forward to continuing the momentum.”
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