Stout Advises on Sale of Call One to Peerless Network

November 24, 2021

Stout is pleased to announce that substantially all of the assets of Call One Inc. (“Call One”) have been acquired by Peerless Network Holding, Inc. (“Peerless”). Stout served as exclusive financial advisor to Call One in connection with this transaction.

Founded in 1992 and headquartered in Chicago, IL, Call One provides modern communications solutions to help companies nationwide serve customers, collaborate, and stay connected. Call One provides a diverse array of communication solutions including Unified Communications as a Service (UCaaS), Software-Defined Wide Area Network (SD-WAN), Internet / Data, Voice, Managed Services, and Continuity Services to customers across the United States, with a particular focus on serving small and medium-sized businesses.

Peerless Network is a leading-edge provider of telecommunications services that delivers the highest quality voice and solutions for VoIP and enterprise customers worldwide. As a disruptor in the telecom industry, Peerless Network is a reliable network that scales efficiencies, lowers customer costs, increases quality, and automates workflows with ease of implementation via their portfolio of cutting-edge products and services. Its automated platforms, the Cloud PBX, the Peerless Portal, and ANImate, allow customers to easily provision SIP trunking channels, telephone numbers, local and domestic/international long-distance, and toll-free services from one advanced system. Peerless is dedicated to driving innovation and bringing value to customers by expanding the suite of products, services, and markets it serves.

Stout’s Ann Miller and Elliot Grove led the execution of the transaction, assisted by Andrew Masotta, Steve Simone, Jordan Baum, and Ben Murray.

Mandell Menkes served as legal counsel to Call One. 

See more information on Stout's Investment Banking services.

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