From Pulse 2.0 · Amit Chowdhry · · 1m 10s
Telarus Gets New Investment To Boost Tech Services
Telarus secures $2.5bn investment from Snowhawk and Columbia Capital to expand tech services for advisors.
In brief
Telarus secures $2.5bn investment from Snowhawk and Columbia Capital to expand tech services for advisors. Telarus gains strategic funding from Snowhawk Partners and Columbia Capital to grow technology advisory services and engineering capabilities. Originally reported by Pulse 2.0.
Telarus Secures Strategic Investment
Telarus, a Sandy, Utah-based technology services distributor, has entered into a definitive agreement for a strategic investment from Snowhawk Partners, alongside continued investment from existing backer Columbia Capital.
Investment Supports Tech Expansion
The transaction will support Telarus’ expansion in technology advisory services, engineering capabilities, supplier partnerships, and customer solutions.
25 Years of Service
The investment comes as Telarus approaches 25 years of serving technology advisors and enterprise customers through its distribution platform.
Snowhawk Partners Background
Snowhawk Partners, a private investment firm managing approximately $2.5 billion in assets, focuses on businesses supporting the digital economy, including cloud computing, connectivity, and technology services.
Columbia Capital Continues Investment
Columbia Capital, which first invested in Telarus in 2020, will maintain its investment relationship with the company.
Leadership and Ownership
Under the proposed transaction, Telarus CEO Adam Edwards will continue leading the company alongside Chief Commercial Officer Richard Murray and the existing executive team.
The takeaway
Telarus gains strategic funding from Snowhawk Partners and Columbia Capital to grow technology advisory services and engineering capabilities.
