Momentum Telecom Acquires Altus Technology

• Acquisition Expands Reach of Momentum’s Leading Cloud Communications, Collaboration, and Managed Network Offering

Momentum Telecom, a leading global provider of cloud voice, managed network, and unified communications solutions, announced that it has completed its transaction to acquire Altus Technology, a preeminent provider of cloud-based unified communications solutions headquartered in Nashville, Tennessee.

“I’m excited to welcome Altus, their employees, and customers to the Momentum Telecom family,” said Todd Zittrouer, CEO at Momentum Telecom. “By uniting our companies’ shared vision of technology, innovation, and white-glove customer service we will continue to provide significant value to our combined customer base.”

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The acquisition of Altus Technology marks the next chapter in Momentum’s growth strategy and further expands the company’s existing UCaaS and managed network offerings and footprint. Altus’ track record of serving clients with highly responsive support and white-glove customer experience aligns with Momentum’s customer first philosophy.

“At Altus, we’re thrilled to be joining a leading global unified communications and managed network provider that closely aligns with our core mission and values, “said Altus CEO, Brian Jones, “and we are looking forward to celebrating the future successes of the combined company.”  Brian joins the Momentum Telecom team as EVP of Product.

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The terms of the transaction were not disclosed.

Aprio and Dechert LLP served as financial advisor and legal counsel to Momentum Telecom in connection with this transaction.

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