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Third Generation
Frisco-Based tech company TeleCloud has been acquired by Austin’s Davenforth. [Photo: TeleCloud]
Frisco-Based Cloud Communications Company TeleCloud Acquired by Austin’s Davenforth
by Lance Murray | Oct 4, 2024
Davenforth, a joint family office, announced that it had also acquired Pennsylvania-based Third Generation, and as a result, is launching a new managed IT, voice, and networking platform that will service 21,500 users across 900 businesses.
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Waddell, who founded the company, will transition from CEO to the role of chairman and maintain an active role as CEC continues its strategic expansion across the U.S.,...
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