Koch Equity Development LLC (KED) has recently made a significant announcement regarding the acquisition of iconectiv, LLC, a telecommunications solutions leader, from Ericsson and Francisco Partners. This move highlights KED’s strategic focus on telecommunications technology and data services, building on their successful acquisition of Transaction Network Services, Inc. in 2021.

iconectiv is a trusted partner to many of the largest communication service providers globally, offering core network and operations management, numbering and data exchange services, digital identity management, and fraud prevention solutions. As the number portability administrator in 10 countries, including the United States, iconectiv plays a crucial role in the telecommunications industry by providing reliable and trusted communications solutions to customers worldwide.

According to Richard Jacowleff, CEO of iconectiv, joining forces with KED will support the company’s next phase of growth and align them with a shareholder focused on long-term value creation. This acquisition marks a significant milestone for iconectiv and will enable them to continue delivering innovative solutions to their customers.

Matt Hewitt, Managing Director at KED, expressed excitement about welcoming iconectiv to the KED platform, citing their innovative culture, technical expertise, and customer focus as key factors that align with KED’s vision for expanding capabilities in telecommunications and technology. The transaction is expected to close in the first quarter of 2025, subject to regulatory approvals.

With iconectiv’s market-leading solutions in data services, digital identity, and numbering intelligence, the company is well-positioned to leverage KED’s resources and capital for continued growth and expansion. As a subsidiary of KED, iconectiv will have the support needed to enhance their offerings and provide even greater value to their customers.

Overall, the acquisition of iconectiv by KED underscores the commitment to advancing telecommunications technology and data services, ensuring that customers worldwide have access to reliable and trusted communications solutions. This strategic move reaffirms KED’s position as a key player in the telecommunications industry, driving innovation and growth in the ever-evolving digital landscape.