Telvantis Inc., a Florida-based telecommunications and enterprise solutions provider, has announced the signing of a binding Letter of Intent to acquire AmeriCrew Inc., a New Jersey-based corporation. This acquisition represents Telvantis’s first step into the U.S. market, aiming to establish a presence in the high-growth sectors of fiber, 5G wireless connectivity, and edge data centers. The deal is poised to leverage AmeriCrew’s veteran employment and apprenticeship model, which supports scalable, high-quality workforce solutions.

The combined entity plans to expand its footprint in the U.S., focusing on local data infrastructure and edge computation to support emerging technologies like AI, crypto mining, and localized data platforms. With the edge computation market projected to grow at an annual rate of over 30% and reach $43 billion by 2030, this acquisition positions Telvantis to become a dominant player in the construction, operation, and ownership of local communication infrastructure and networks.

AmeriCrew’s entities, expected to generate over $12 million in revenues this year with substantial profit margins, will retain their experienced management team post-acquisition. The transaction, not involving common equity issuance, is subject to final negotiations and customary approvals. Telvantis’s CEO, Daniel Contreras, highlighted the acquisition as a milestone, emphasizing the unique opportunity to enter a dynamic growth market with an experienced team and strong commercial pipeline.

Kelley Dunne, CEO of AmeriCrew, expressed enthusiasm about the partnership, noting the commercial momentum for deploying private fiber and 5G Fixed Wireless access networks. The collaboration aims to position the combined companies at the forefront of the edge computation and local private networks market. Daniel Gilcher, CFO of Telvantis, underscored the acquisition’s potential to enhance shareholder value and accelerate the company’s uplisting appeal.

This strategic move by Telvantis Inc. underscores the growing importance of integrated fiber, wireless, and edge data center infrastructure in supporting next-generation technologies and applications. The acquisition of AmeriCrew not only expands Telvantis’s operational capabilities but also aligns with the broader industry trend towards localized data processing and connectivity solutions.

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