Recent Helm Acquisitions

Helm in 2021 made the decision to sell its VoxNet CLEC practice Telesystem. VoxNet provided white-labeled unified communications and managed SD-WAN services in 38 states.

That move signaled Helm’s pivot to focus entirely on its advisory services. Moreover, the firm could look more broadly across the U.S. for customers.

“When we offloaded that practice, the need to be local went away. Because when it’s your product, you’ve got to be able to serve your client,” Wilson said. “Now with the advisory service, we were able to continue our climb into the enterprise space.”

Later in the year, Helm purchased two Pennsylvania based agencies: Cory Communications and Convergent Technologies (CTI). CTI in particular gave helm a wireless management practice. 

In both cases, the purchasees were looking for a way to scale and meet their customer’s demands. Wilson described the acquisitiosn as “opportunistic” in nature.

“The industry is moving and consolidating, and there’s a lot more expected of the advisory services practices that the clients are demanding. I think Cory and CTI felt that they were going to have to invest a lot and grow very quickly,” he said.