Origin Merchant Partners is pleased to announce that Primus Telecommunications (“Primus”) has completed its strategic sale and investment solicitation process resulting in the pending sale of Primus to Birch Communications, Inc. (“Birch”).
Origin Merchant Partners acted as exclusive financial advisor to Primus with respect to this transaction.
Primus Telecommunications is one of Canada’s largest independent telecommunications service providers, serving over 250,000 residential and business customers on a national network. The company’s services include internet, voice over internet protocol, local phone, wireless, long distance and prepaid calling cards. Primus was founded in 1997 and has over 500 employees located in offices across Canada including Vancouver, Toronto, Ottawa, London and Edmundston.
Birch Communications, Inc. is a leading technology service provider of IP-based communications, network broadband, cloud computing, and information technology to small, mid-sized, enterprise and wholesale businesses. The company`s services footprint spans 50 U.S. states, Washington D.C., Canada and Puerto Rico. Headquartered in Atlanta, Georgia, Birch has over 1,400 employees across the U.S.A.