Advised Daycom Systems, Inc., a premier telecom services provider, in its sale to Carousel Industries, Inc.
Goldenhill advises Daycom Systems, Inc. in sale to Carousel Industries, Inc.
Advises in sale of premier telecom services business
SAN DIEGO – April 20, 2009 – Goldenhill Technology Advisors today announced that it acted as M&A advisor to Daycom Systems, Inc., (“Daycom”) in its recently announced sale to Carousel Industries, Inc., (“Carousel”).
Established in 1992 by Richard Day, Daycom is a San Diego, California-based provider of telecommunications technology solutions together with outstanding services delivery. Daycom has built a great reputation in the industry as well as a large base of nationwide customers, all predicated on a culture of taking care of customers.
The acquisition is an excellent fit for both Daycom and Carousel as it leverages Carousel•s great reputation and its strong supplier relationships which complements Daycom’s large customer base and wide geographic coverage. Thus, the combined businesses will offer Carousel greater geographic coverage and enhanced capabilities which will enable Carousel to deliver better solutions to their customers.
Commenting on the contribution of Goldenhill to the just completed transaction process, Mr. Richard Day, Founder and CEO of Daycom said, “Goldenhill did a great job throughout the process working with us and with Carousel. From the beginning, in identifying and working with potential buyers, all the way through to selecting Carousel as our preferred buyer and then assisting us to negotiate and complete the transaction, Goldenhill helped to guide us through the process and they were always available to us day, night or weekend. Their commitment, determination and enthusiasm for the transaction never wavered. I truly enjoyed working with them and will recommend them to others who are in need of Goldenhill’s M&A services.”
About Goldenhill Technology Advisors
Goldenhill Technology Advisors represent and advise our technology business Clients in merger and acquisition (M&A) engagements. Our engagements include providing services to Sellers or Buyers in M&A projects in the UK, USA and Europe with specific focus in software and service businesses. We are an international business and with offices in California and London.
April 20, 2009