Mergers & Acquisitions

Mergers & Acquisitions

September 30, 2011

Endeavor Announces Active Initiative to Acquire Other Companies

Endeavor, a Truck Roll Company for carriers, service providers, systems integrators, VARs, and equipment manufacturers, has reiterated its commitment to make strategic acquisitions of companies. According the company, these acquisitions will improve its business offerings.

Endeavor has expanded in a variety of ways in order to meet increasingly complex customer needs in the eighteen months since the recapitalization event. Bolstering the Endeavor management team, staff headcount has nearly doubled, including the hiring of several highly experienced senior managers and executives.

Apart from improving the experience of Field Engineers (FEs), this has paved the way for numerous operations and process enhancements aimed at increasing customer service levels.

“With the substantial organic growth Endeavor has experienced over the last year and a half, our acquisition efforts are appropriately timed,” says Justin R. McLain, Endeavor’s chief executive officer. “Instead of resting on our laurels, we have decided to maintain the momentum, put available capital to good use, and further expand the solutions we are able to offer. This will also provide additional opportunities to staff and Field Engineers while increasing enterprise value for our investors.”

A major area of focus will involve companies with revenue that compliments Endeavor’s strategic plan in assessing potential acquisition targets. Endeavor is specifically interested in acquiring profitable revenue, infrastructure, leadership, and staff talent.

Endeavor’s customers are the carriers, service providers, systems integrators, VARs, and manufacturers who provide equipment and solutions to end-user businesses within the U.S. and Canada, the company stated in a press release.

In other news, Endeavor recently announced the appointment of three senior level resources to fulfill critical leadership roles within their respective departments. Chuck Moon brings years of industry experience to his senior leadership role in Endeavor’s Operations Engineering team.

Lisa Hayes has been hired to head up Field Resource Management (FRM), drawing upon a history of workforce and management roles. Lee Corvin provides direction to Endeavor’s Project Management Office (PMO), leading the team who performs the critical role of implementing customer deployments. The addition of Moon, Hayes, and Corvin immediately brings senior leadership to their respective departments in Endeavor operations and ensures the ongoing enhancement of internal processes.

Raju Shanbhag is a contributing editor for TMCnet. To read more of Raju’s articles, please visit his columnist page.

Edited by Jennifer Russell

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