Protel Communications Acquires Tranquilnet IT Solutions

Poway, CA – May 21, 2018

Protel Communications, Inc., one of California's largest enterprise communications companies has announced its acquisition of Tranquilnet IT Solutions for an undisclosed amount.

CEO Michael Promotico commented by saying, "The Protel Board of Directors unanimously voted in favor of the deal, and are all extremely enthusiastic about not only the accretive nature of the acquisition, but also synergistic amalgamation of these two entities".

Founded in 1995 with offices in San Diego, Los Angeles, San Jose and Sacramento, Protel is a premier provider of enterprise communications for 10,000+ customers across vast vertical market in 20 countries, including companies like Petco, eHarmony, Spokeo, St. Joseph Hospitals, Bose, Rabo Bank, and Hyatt Hotels.

As one of Mitel's Largest Exclusive VAR, Protel is best known for IP telephony solutions, and enterprise communications, and generally competes with the likes of Avaya and Cisco. In doing so, Protel's team of Advisors and Solutions Architects help Companies bridge the gap between traditional telephone systems and today's leading edge technology to render a competitive business advantage.

Promotico continued by saying, "As Tranquilnet IT Solutions Specializes in Managed IT, Hosted VoIP, Private Cloud, and Firewall Routers for Small Business, this acquisition opens a world of possibilities for our existing and future customers, as well as for the further development of additional strategic partnerships to come."

Tranquilnet founder and CEO, Will Traenkle, will remain with Protel as Chief Technology Officer. Traenkle commented, "this alignment is not only a great marriage of philosophies, strategies and products, but a great marriage between industry leaders that share a common vision for the future of enterprise business communications, cloud and other IT offerings."

Recent advancements specific to the enterprise communications market including BYOB, mobilefirst solutions, apps in the cloud, and massively integrated IT/comms stacks have allowed companies to simplify and unify all products in single platforms and, in many cases, through single vendors, like Protel.

"This transaction is an exciting next step in our continued transformation from a telephony VAR to the data and cloud products and services that are the next evolution in enterprise communications, UCAAS, and MSP services. As such, Protel will continue to emerge as an industry leader in the largest markets in the world and across countless vertical markets," added Promotico.

"As a private company, with the strategic and capital support of our board, we will have greater flexibility to manage the transition in our market, accelerate our strategy, and drive the next phase of success for our customers, partners, and employees."

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Protel Communications provides clients with state-of-the-art communication technology, both hosted and on-premises, through a team of knowledgeable people in various locations throughout the country.

Since our founding in 1995, the business communication professionals at Protel have always put the needs of the customer first. In doing so, we understand that successful communication technology depends upon professional, helpful people, making certain that the equipment works as intended and as needed. We recruit and reward some of the best and most talented people in the industry, and empower each team member to act in our customers' best interests.

In this ever-changing technological and business landscape, Protel prides itself on providing the most cost-effective, customizable and easily accessible solutions industry-leading quality and the efficient delivery of reliable services.

Protel Communications is based in San Diego, CA with offices in Irvine, Sacramento and San Jose, CA.

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