TORONTO — Independent telecom provider Beanfield Metroconnect announced today it has acquired Toronto-based Epik Networks, Beanfield’s third acquisition since January. Financial details of the deal were not disclosed.
Beanfield owns and operates the largest independent fibre-optic network in Toronto and Montreal. Epik Networks provides VoIP, Internet and cloud-based solutions to Canadian businesses. With the purchase, Beanfield is acquiring Epik Network’s 200 Canadian business clients in Toronto, Montreal and Vancouver.
“Beanfield is not your average telecommunication company and this is something we share with Epik Networks,” said Dan Armstrong, CEO and CTO of Beanfield Metroconnect, in a press release. “With a private fibre backbone and commitment to the highest level of care, we couldn’t be more aligned with Epik Network’s vision and company culture. As more people look to adopt digital solutions in our ‘new normal,’ expanding our business communications offerings was a logical next step to help more people do so. We couldn’t be more thrilled to welcome Epik Network’s exceptional team into the Beanfield family, joining forces to ensure businesses get the support and service level they deserve.”
“We know our customers will be thrilled with Beanfield’s modern and reliable, high-quality network,” adds Andrew Gyenes, president and CEO of Epik Networks. “As a fellow telecommunications company with a common goal to help businesses grow and stay connected on their success journey, we couldn’t think of a better company to continue supplying the level of service and excellence our customers expect.”
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In February, Beanfield acquired Montreal-based fibre network operator Openface, and it bought Aptum Technologies’ WAN business in May.
