Thompson Street Capital Partners Platform BCM One Announces Planned Acquisition of SkySwitch; Continued Plans to Invest in Next Generation Voice Services
ST. LOUIS (January 5, 2021) – Thompson Street Capital Partners (TSCP), a private equity firm based in St. Louis, announced today its acquisition of SkySwitch, a leading white-label hosted VoIP provider based in Tampa, Florida. The Company, which offers white label next generation communications solutions to more than 500 managed solutions providers and other resellers, represents a major investment by BCM One to grow its next generation voice solutions. Q Advisors assisted TSCP in its evaluation and acquisition of SkySwitch. Hubert Holmes of Charles Towne Holdings represented SkySwitch in its sale. Terms of the transaction were not disclosed.
BCM One will expand its geographical footprint to Florida as a result of the transaction and plans to keep the executive management team of SkySwitch, led by Blake McKeeby, Corey Stoker, Frank Babusik, William Brister and Jayson Jones, in place to continue to grow and support BCM One’s hosted voice offering products to both its current direct customers and its 1,000 channel partners.
Louie Holmes and Eric Hernaez will continue to provide consulting services to the Company post-closing. Mark Amick, BCM One’s Group President, NextGen Communications, will assume responsibility for integrating SkySwitch into the BCM One product portfolio.
Geoff Bloss, CEO of BCM One, said, “Under TSCP’s ownership, BCM One has made several strategic investments designed to grow and support BCM One’s product offerings. The acquisition of SkySwitch is a major step toward increasing our presence in the hosted voice market and will bring additional products and revenue opportunities to our valued customers and channel partners.”
Said Brian Kornmann, TSCP Managing Director, “BCM One’s acquisition of SkySwitch is another step in the continuing evolution of the Company founded by Frank Ahearn, John Cunningham and Jay Monaghan during our partnership with BCM One. We are excited about this, our fifth acquisition in support of the platform, and continue to seek out compelling acquisitions to further grow BCM One.”