"There are very few value-added plays I've seen in this space," Avant's CEO told Channel Futures.

James Anderson, Senior News Editor

May 12, 2022

11 Slides

Avant and PlanetOne executives say the merger of their companies taps into complementary skill sets and platforms.

Chicago-based Avant on Wednesday publicized its acquisition of Scottsdale, Arizona-based PlanetOne. The deal marks one of the last independently held TSBs to agree to an acquisition or private equity investment. X4 Solutions, Intelisys, WTG, Telegration, MicroCorp, CNSG, Telarus, Bridgepointe have all agreed to deals in the last five years, with activity ramping up in the last year. Avant is leveraging funds from Pamlico Capital to buy PlanetOne.

The merger expands the presence of Avant in the western U.S. Executives say PlanetOne brings more project-management and back-office resources to the fold. Avant CEO Ian Kieninger and newly minted Avant customer experience officer Ted Schuman said the Avant and PlanetOne’s respective Pathfinder and Sentient platforms complement each other.

Most partners have offered a largely favorable response to the transaction.

Schuman and Kieninger sat down virtually with Channel Futures for an interview about the acquisition and the future they envision for the combined company.

See our 11 slides above for their comments.

Want to contact the author directly about this story? Have ideas for a follow-up article? Email James Anderson or connect with him on LinkedIn.


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About the Author(s)

James Anderson

Senior News Editor, Channel Futures

James Anderson is a news editor for Channel Futures. He interned with Informa while working toward his degree in journalism from Arizona State University, then joined the company after graduating. He writes about SD-WAN, telecom and cablecos, technology services distributors and carriers. He has served as a moderator for multiple panels at Channel Partners events.

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