ISPN and ZCorum Unite to Expand Managed Services for Broadband Providers
ISPN and ZCorum Unite to Expand Managed Services for Broadband Providers
DALLAS & CLEVELAND--(BUSINESS WIRE)--Align Capital Partners’ (“ACP”) portfolio company ISPN (or the “Company”) completed the acquisition of ZCorum, positioning the combined companies as a market leader in broadband-focused managed IT services. Headquartered in Alpharetta, Georgia, ZCorum provides a suite of broadband diagnostics and managed services designed primarily to help rural internet providers increase operational efficiency, reduce costs and improve the subscriber experience. The acquisition expands ISPN’s coverage across cable and fiber networks with complementary services including managed cybersecurity, hosted VoIP and IPTV.
"This acquisition advances ISPN’s mission to deliver industry-leading managed services that help close the digital divide" - Jeff Neblett, ISPN CEO
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“ZCorum has built an exceptional reputation as a trusted partner to broadband providers, particularly in rural and underserved communities,” said Jeff Neblett, CEO of ISPN. “Bringing our teams together meaningfully expands our capabilities across network monitoring, subscriber support, provisioning and additional managed services. “Most importantly, this acquisition advances ISPN’s mission to be the trusted partner to broadband providers, delivering industry-leading managed services that help close the digital divide and ensure reliable connectivity as the foundation for opportunity.”
Following the recent passing of ZCorum’s longtime CEO Julie Compann, CFO Luis Herrera stepped in to support the leadership transition. Herrera worked closely with Julie for many years, including preparation for an eventual sale. “This transaction represents the culmination of thoughtful planning that Julie and I undertook together to ensure long-term stability for ZCorum’s people, customers and partners,” said Luis Herrera. “Julie believed deeply in ZCorum’s mission and in finding the right long-term home for the company. ISPN shares those values, and I’m confident this combination honors her legacy while positioning our team and our customers for a strong and sustainable future.”
Scott Lauber, ISPN President and CFO, added, “ZCorum meaningfully strengthens ISPN’s platform by expanding our best-in-class managed services and software portfolio while increasing our operational scale. Together, we are better positioned to deliver efficiency, resilience and insight for broadband providers, while building a scalable foundation for disciplined growth and continued investment in our customers.”
This transaction is the second add-on for ISPN since partnering with ACP in December 2024. The Company will continue to pursue M&A opportunities with a near-term focus on expanding service lines within broadband fiber to meet all customer outsourcing needs. Matt Iodice, Chris Jones, Stuart Schardin, Dave Modi and Sarah Mahosky worked alongside the ISPN management team on the transaction.
About ISPN
Founded in 1994, ISPN partners with community-focused broadband providers to help deliver an exceptional customer experience and drive sustainable growth. From 24×7 technical support and network operations to specialized marketing services and content, ISPN helps broadband leaders resource their teams, delight their customers and compete with confidence. By leveraging ISPN’s expertise and industry-focused solutions, broadband organizations can achieve scale and deliver best-in-class service in the communities they serve. For more information, visit ispn.com.
About Align Capital Partners
Align Capital Partners is a growth-oriented private equity firm that partners with business owners and management teams to help create shared success. ACP manages $1.8 billion in committed capital with investment teams in Cleveland and Dallas. ACP brings experience and resources to help lower-middle market companies accelerate their growth, to the benefit of management, employees and the firm’s investors. ACP makes control investments in differentiated companies within the business services, technology, specialty manufacturing and distribution sectors. For more information, visit aligncp.com.
Disclosures: This press release is not an offer to sell securities or interests in any fund managed by ACP.
Contacts
Media Inquiries
Katie Noggle
216-505-6463
knoggle@aligncp.com
