TeleComp Announces Merger
Bricks and Mortar to Bits and Bytes: Beaty Capital Group, Inc. takes position in tech firms
BENTONVILLE, Ark. – February 28, 2017 – Beaty Capital Group, Inc. (“BCG”) has arranged and participated in a tech transaction resulting in the merger of TeleComp Computers Services, Inc., of Bentonville, AR and IPC Communications, LLC of Rogers, AR. The merged companies will operate as TeleComp Holdings, Inc. and will occupy the former TeleComp offices located at 207 Main Street in downtown Bentonville and 921 W. Markham St in downtown Little Rock.
The company provides infrastructure technology products and services, led by Hosted Voice Service to small and medium sized businesses throughout the United States. The company maintains four network facilities in Arkansas located in Bentonville, Little Rock, Rogers and Fort Smith and provides ShoreTel and Mitel VoIP phone systems, AT&T and all carrier’s voice and high speed internet services, enterprise WiFi, video conferencing, firewalls, servers, storage / backup, and VMware, and complete network engineering to design, service, and maintain systems once installed.
Prior to the merger, TeleComp Computer Services, Inc., (TeleComp) had a 14 year history of providing business infrastructure technology to customers across the country. Roger Thomas, Chief Business Officer of TeleComp said “As an AT&T APEX partner we provide broadband data and high speed internet, local and long distance phone service to our customers throughout the region. Our customers get the benefit of experiencing local service and support while utilizing the infrastructure of a large global carrier.”
Organized in 2006, IPC Communications, LLC also has an impressive history of solely providing Hosted Telephone Service. Utilizing Virtualized Mitel Phone Systems in their own Network Operations Center (NOC), IPC is able to control the voice quality and integrity of all phone calls on its systems. With hosted phone systems, the customer generally does not have to incur the expense of purchasing the physical phone system. Instead, the phone system is included in the service and the “brains” of the system reside on the carriers system allowing for continual updates and complete redundancy. Chris Beaty, the new Chief Operating Officer of TeleComp, said “We strive to be more than a customer’s technology provider. We view ourselves as a customer’s technology partner and that will be our focus going forward. Providing reliable, cost efficient voice and technology products and services will ensure TeleComp will be leading the way in business’ migration to the cloud.”
Gino Capito, Chief Technology Officer of TeleComp said “From the user’s perspective, it’s really amazing technology…just plug it in and it works,” he said. Going into more detail Capito said “The complexity of delivering high quality, secure, and redundant virtualized voice is not something to be taken lightly. We have developed a uniquely reliable and functional solution that can be scaled from a small five seat office to a 5,000 seat campus.”
Current customers of TeleComp Holdings (TeleComp) include First Security Bank, PAM Transport, Baptist Health, Little Rock Technology Park, University of Tulsa, Goodyear, Walton Arts Center and Heineken USA.
Beaty Capital Group, Inc., a regional investment and real estate firm located in Rogers, AR has taken a thirty percent stake in the new company. BCG recently teamed with Little Rock, AR based Arkansas Capital Group to arrange an $18.8 million loan syndication for the refinancing and expansion of the Phoenix Center in Fort Smith. The deal closed in July of 2016 and will add up to 250 jobs in the Fort Smith, AR market.
BCG, through an affiliate, took a position in FSM Redevelopment Partners, LLC in 2009. FSM has redeveloped the former 477,000 square foot Phoenix Village Mall in Fort Smith, AR that now houses over 1,500 full time jobs. The development, which was the first enclosed mall in the state, is anchored by Sykes Enterprises, Inc. of Tampa, Florida (NASDAQ: SYKE) and the Shared Service Center owned and operated by Franklin, TN based Community Health Systems, Inc. (NYSE:CYH).
BCG is a closely held investment group primarily focused on real estate and investments in tertiary markets in the central United States. The firm specializes in development and repositioning of underperforming assets to create value enhancement and capital appreciation for its stakeholders.
