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Clearly IP Acquires Cyclix Solutions LLC Assets


Event Details


NEENAH, WI Sept. 13, 2019 – Clearly IP Inc announced today an agreement to acquire all assets of Cyclix Solutions LLC, a leading information technology and telecom services company with operations based in Gilford, New Hampshire. The First of Many Acquisitions to come for the new Startup, this transaction expands Clearly IP’s offering of telecom services business and will enhance it’s already robust suite of communications and IT services for businesses across North America.

Under the terms of the deal, Cyclix will maintain its operations in Gilford, New Hampshire, and Cyclix Solutions employees will assume important roles within the Clearly IP Organization as Cyclix merges with Clearly IP’s business. Clients will continue to receive the highest quality of service, and all agreements, points of contact, and billings will continue uninterrupted.

“On behalf of my colleagues, we are pleased to welcome Cyclix customers and staff into the Clearly IP family. Our purpose is to fuel the vitality and growth of our existing and new customers by making a full-suite of advanced IT and communications services available to businesses of all sizes, by providing robust communications services that other providers simply do not deliver. One of the biggest assets within any company is the people and customers, and we are very excited to get our first acquisition under the Clearly IP umbrella completed. We feel the market is perfect for acquisition of SIP trunk and hosted PBX providers who have grown their business as large as they can and want help moving it to the next level. Our handpicked experienced team of industry experts have successfully completed both large and small integrations in the past, and we are on an aggressive growth campaign, looking at acquisitions that can help provide new customers, revenue and products to complement our own homegrown solutions,” said Tony Lewis, co-founder & CEO of Clearly IP.

Bryan Walters, co-founder and Chief Technology Officer of Clearly IP, noted, “We look forward to building upon the business started by Cyclix, by investing in network and product capabilities to support the growing demands for advanced technology. We look forward to continuing to deliver a high-quality suite of services along with unparalleled customer support. ”

Peter Sandstrom, CEO of Cyclix, added, “After spending years growing Cyclix into a leading provider of telecom services with our SIP Trunking, Business Connect Hybrid Hosted Platforms and custom IVR applications with our Sigma Systems Platform, being able to continue to improve and expand excites us all. The industry experience and technical talent at Clearly IP will strengthen Cyclix Solutions’ place as a premier telecom services company, and enable us to provide a better future for our clients, partners, and staff. We are entering a new phase I am confident will prove rewarding for our entire team.”

About Clearly IP

Clearly IP Inc is a Privately Held software-focused company based out of Neenah, WI specializing in the Telecom space and was formed in 2019 by industry experts that led the growth in previous business from 12 Million to 120 Million in revenue over the course of 4 years. Our focus is on the Reseller and Partner markets in the Open Source Telecom space, and we cater to the needs and desires of our Partners. www.clearlyip.com

About Cyclix Solutions

Cyclix Solutions based out of Gilford, New Hampshire provides telecom services to customers throughout the US with their SIP Trunking, Business Connect Hybrid Hosted Platforms along with custom IVR applications using the company produced Sigma Systems platform with customers ranging from Start-Ups to major telecom providers such as Verizon Wireless.

Funding

Funding was provided by Nicolet National Bank of Neenah, WI along with Clearly IP cash reserves.