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GLOBALINX RETAINS BLUE BEACON CAPITAL TO SEEK ACQUISITIONS

GLOBALINX, a leading facilities-based provider of next generation IP voice and data services targeting small and medium sized businesses (“SMBs”), carriers, and consumer customers, has announced that it is looking to acquire complementary businesses. The company is working with Blue Beacon Capital as its exclusive financial advisor with respect to identifying, negotiating and completing acquisitions.

An important component of the company’s corporate strategy is to expand its core business via synergistic acquisitions as a complement to its organic growth plans. In particular, the company is seeking acquisition targets that serve SMBs with like or diversified product sets to those offered by GLOBALINX. The GLOBALINX core service offerings include business grade Internet, data, and IP based voice services, including hosted PBX, SIP Trunking, unified communications as well as legacy based products such as Switched and Dedicated Long Distance as well as Toll-Free services. The company will also consider acquiring cloud communications providers including those that offer hosted UC, messaging and online backup.

“We’re committed to accelerating our growth in the SMB space and are actively looking at strategic acquisitions as a continued vehicle for growth,” said Craig Jerabeck, Chief Executive Officer of GLOBALINX. “We will leverage Blue Beacon Capital’s transactional expertise, deep industry knowledge, and network of relationships in the communications sector to help us consummate transactions.” Given the financial strength of GLOBALINX, the company is in a position to do cash deals and can be flexible regarding deal structure and terms.

“We see significant potential for GLOBALINX to serve as a platform for growth via strategic acquisitions. There are a number of immediate, actionable acquisition opportunities that we are pursuing. We believe we can help the company leverage their platform across a much larger customer base,” commented Roger Valdovinos, Managing Director of Blue Beacon Capital.

In January 2011, GLOBALINX completed the acquisition of TMC Communications, a leading national telecommunications company providing a full range of voice, data and next generation services to SMBs across the country. The acquisition of TMC has been successfully integrated into GLOBALINX.

Over the past five years, GLOBALINX has grown its revenues at a CAGR of 178%. Growth drivers include a dynamic, capital efficient national sales model, diversified revenue streams and channels via a broad suite of communications solutions, and a cost effective IP-based network.

For communications and inquiries regarding possible acquisitions, please contact Roger Valdovinos of Blue Beacon Capital via email at rv@bluebeaconcapital.com or via phone at 609.514.8500.

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