Voice Comm, LLC
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Voice Comm, LLC - overview
Established
2001
Location
Pennsauken, NJ, US
Primary Industry
Logistics & Distribution
About
Voice Comm, LLC is a wholesale distributor specializing in wireless accessories, offering innovative inventory solutions and services to enhance retail effectiveness across various markets. Voice Comm, LLC, founded in 2001 and headquartered in Pennsauken, US, operates as a full-service wholesale distributor of wireless accessories. The company was acquired in September 2018 by Tiger Peak Capital, Rockwave Capital, Seven Shores, and its management, though specific financial terms were not disclosed. There are no known subsidiaries or prior pivots in business strategy.
VoiceComm is a full-service wholesale distributor specializing in wireless accessories, offering an extensive catalog of over 5,000 stock-keeping units (SKUs). Their primary services include Vendor Managed Inventory (VMI), collaborative planning, and custom integrations aimed at enhancing retail experiences. VoiceComm’s solutions cater to a diverse array of industries, including retail chains, independent retailers, and B2B clients, effectively optimizing inventory and stock levels for various end-users. The company's services are designed to address the challenges faced in inventory management and sales execution, leveraging innovative technologies and strategic partnerships to deliver value.
Their products are distributed across multiple geographical markets, focusing on both national and regional retailers in the United States, thereby ensuring widespread availability and access for their clientele. VoiceComm generates revenue through a structured wholesale distribution model that includes direct transactions with retailers and B2B clients. The company collaborates closely with its partners to provide tailored inventory solutions, leveraging its Vendor Managed Inventory system to streamline product availability and reduce stockouts. Transactions typically occur based on negotiated contracts where clients receive a range of wireless accessory products, supported by analytics and business intelligence tools that aid in inventory and lifecycle management.
While specific pricing details for individual products or services are not disclosed, VoiceComm's offerings include proprietary and private label items that enhance their market presence. The firm’s revenue flow is bolstered by long-term relationships with manufacturers, enabling a steady supply of products that cater to diverse customer needs, thus fostering a reliable income stream. Voice Comm, LLC plans to utilize its recent funding for further expansion into new markets and the development of new products. The company is focused on enhancing its product offerings in the wireless accessories segment, with potential new launches slated for 2019.
Additionally, they aim to target expansion into both national and regional markets across the United States, leveraging their existing relationships for growth. The financial commitment from the investment in September 2018 will support these initiatives as part of Voice Comm's strategic growth roadmap.
Current Investors
Tygon Peak Capital, Rockwave Capital, Seven Shores
Primary Industry
Logistics & Distribution
Sub Industries
Electronic Components & Semiconductor Wholesalers
Website
www.myvoicecomm.com
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Voice Comm, LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Assets of Tessco's Retail Division | - | ||||||||
| Buyout | Completed | Voice Comm, LLC | - |
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