LINX Acquires Teknon Corporation

SEATTLE, WA – December 11, 2019 – Liberty Ridge Advisors, LLC announced today that LINX LLLP (“LINX”), a Colorado-based national technology integration company serving the network cabling, audio visual, security integration, and wireless solutions markets, has agreed to acquire a controlling interest in Teknon Corporation (“Teknon”) to create a combined $140M company. Teknon will retain its management team, employees, and brand name that has 35 years of goodwill in the Pacific Northwest. Liberty Ridge Advisors acted as the exclusive advisor to Teknon.

LINX has grown into one of the largest companies in the network cabling industry. Established in 2003, LINX has been in the Inc. 500/5000 eight times and has worked with more than 90 Fortune 500 clients. They are a three-time winner of the Denver Business Journal’s “Top 10 Best Places to Work.”  LINX generated more than $98 million in revenue last year — up more than 40 percent from 2017.

“This purchase by LINX brings together two market leaders in complementary geographies that will be able to provide our nationwide clients with expanded service reach,” LINX CEO Erik Isernhagen said. “Fortune 100 clients in the network space have an insatiable appetite to deliver solutions at scale, especially in the mission-critical data center market.  This acquisition enhances our ability to deliver a best-in-class client experience with a more robust national footprint.”

Teknon is a $30M company with approximately 100 employees and has been a market leader in the Puget Sound with a tremendous reputation for delivering world-class intrusion detection solutions to their clients since 1993. Teknon’s client roster is an impressive one that includes long-term relationships with technology giants across the Pacific Northwest. Teknon places a heavy value on their employees with impressive Glassdoor reviews and Google ratings for employee satisfaction and retention.

“At Teknon, we believe that our consistent repeatable high quality of service delivered by our talented and dedicated long-term employees has been the key to our decades of success,” said Teknon principal Gordon Spencer. “We are excited to find a peer in LINX who values their employees and clients in the way that we do.”

For more information about this transaction, please contact the Liberty Ridge Advisors deal team:

Michael Bennett
Managing Partner
mbennett@libertyra.com
(206) 422-0102

Leif Johnson
Managing Partner
ljohnson@libertyra.com
(206) 683-3814

About Liberty Ridge Advisors

Liberty Ridge Advisors provides merger and acquisition advisory services for Pacific Northwest privately held businesses including capital transactions, mergers, acquisitions and recapitalizations. Liberty Ridge Advisors offers concentrated experience and expertise in key industries including food products, aerospace, building materials and construction, general manufacturing and distribution, wine, and business and financial services. For more information about Liberty Ridge Advisors please visit our website at www.libertyra.com.   

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Contact: Michael Bennett, Managing Partner, Liberty Ridge Advisors, LLC
Email: mbennett@libertyra.com
Phone: (206) 422-0102