JSI Enhances its Suite of Resources to Support Clients in Expanding and Maintaining Broadband Networks
JSI announced today that it has acquired N-COM, Inc. ("N-Com") and Network Lubbock, Inc. ("NLI"). Headquartered in Lubbock, TX, N-COM is a leading full-service engineering and outside plant firm serving rural communications providers mainly in Texas and neighboring states; the acquisition also includes Network Lubbock, a provider of hardware, software, MSP, and DDoS mitigation solutions to the telecom industry. Additionally, JSI appointed Vernon "Vern" Dosch to the Board of Directors.
N-COM Engineering Acquisition
The transaction further diversifies JSI’s service offering and is consistent with its strategy to be a trusted advisor to communications providers in every stage of the network development, provisioning, and monitoring process. The addition of N-COM will enable JSI to better serve its customers through an expanded geographic reach and deepened technical expertise.
N-COM President Dennis Wisdom will join the JSI senior management team along with VPs Tom Lewis and Rob Wilkinson. Under JSI CEO Tasos Tsolakis’s leadership, Dennis Wisdom will remain president of N-Com and NLI. Steve Meltzer remains president of JSI’s core financial, regulatory, and business services.
JSI continues to aggressively seek strategic acquisitions within the broadband engineering, outside plant, and broadband managed network services space.
Newly Appointed Independent Director
JSI is pleased to welcome industry veteran Vern Dosch to the Board as an Independent Director. Vern’s 47-year career in both the rural telecom and electric industries provides additional value and expertise to JSI’s almost 60 years of serving rural America. Vern recently retired as NISC’s president and CEO. NISC is an accounting, operations, and customer care software company sold to the rural communications and utility industries. Since his first job at an electric distribution cooperative, Vern’s entire career has been focused on supporting rural telecom and electric utilities with solutions to better serve consumers.
JSI is a full-service consulting firm, providing operational, financial, management, regulatory, and strategic assistance to independent community-based communications providers. JSI’s business knowledge, experience, and proven success help its clients plan and realize long-term success and profitability. JSI has relationships with approximately 750 communications entities in 46 states and several US territories. Headquartered in Greenbelt, MD, JSI also has offices in MN, TX, GA, and UT. JSI can be found at jsitel.com.
About Stone-Goff Partners
Stone-Goff Partners is a private equity firm that invests in lower middle-market founder-owned businesses and corporate carve-outs in the following verticals: Human Capital & Training, B2B Services, and Consumer Services. Founded in 2010 by Hannah Stone Craven and Laurens Goff, the firm leverages the extensive investment, operational, and strategic experience of its principals and its Talent Network members to serve as a value-added partner for management teams, portfolio companies, and limited partners.