Today, IT ExchangeNet announced the acquisition of Tidal Communications by Xobee Networks back by O2 Investment Partners. Tidal Communications is a business communications company specializing in traditional and cloud-based phone systems, network infrastructure, and call center solutions. IT ExchangeNet’s deep industry knowledge and unparalleled global network of buyers were instrumental in maximizing Tidal's value.
IT ExchangeNet has increasingly emphasized selling anonymously. Remaining confidential during an exit lets founders quietly test buyer demand, control disclosure, and advance conversations without tipping off employees, customers, or competitors.