TeleCloud Acquired by Davenforth, Expanding Managed IT Services

October 4, 2024 | Davenforth, a family office based in Austin, has acquired Frisco-based TeleCloud and Pennsylvania’s Third Generation. This move launches a new managed IT, voice, and networking platform, servicing 21,500 users across 900 businesses.

While terms of the acquisitions were not disclosed, both companies will maintain independent operations with their existing leadership teams. “This partnership allows us to enhance our offerings and empower our team members,” said TeleCloud founder Rusty Bridges.

Davenforth aims to build a robust platform delivering exceptional cloud communication and managed services, ensuring high customer retention and satisfaction.

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