Close Menu
WashingtonExec
    Podcast Episodes
    LinkedIn Facebook X (Twitter) Instagram YouTube
    LinkedIn Facebook X (Twitter) Instagram YouTube
    WashingtonExec
    Subscribe To The Daily
    • News & Headlines
    • Executive Councils
    • Videos
    • Podcast
    • Events
      • 🏆 Chief Officer Awards
      • 🏆 Pinnacle Awards
    • About
    • Contact Us
    LinkedIn YouTube X (Twitter)
    WashingtonExec
    You are at:Home»News»Mergers & Acquisitions»TWD & Associates Sells Majority Share of Subsidiary James Communication to CONETSCO LLC
    Mergers & Acquisitions

    TWD & Associates Sells Majority Share of Subsidiary James Communication to CONETSCO LLC

    By Tracy BellJune 26, 2014
    Share
    LinkedIn Facebook Twitter Email
    Larry Besterman, TWD & Associates Inc.
    Larry Besterman, TWD & Associates, Inc.

    TWD & Associates, Inc. (TWD) announced Tuesday that it has signed an agreement to sell a majority share of its subsidiary, James Communication, Inc. (JCI), to CONETSCO LLC.

    CONETSCO, a start-up and provider of information assurance, collaboration, enterprise architecture and program management services, was recently founded as a service-disabled veteran-owned small business focused on the federal government marketplace.

    “We look forward to the potential new opportunities this transition will bring for all companies involved,” said Larry Besterman, president and chief executive officer of TWD. “Our relationship with JCI has been mutually beneficial and we believe this is the best step forward for both organizations. Additionally, this acquisition will help CONETSCO expand its capabilities as a company, and will enable us to foster an ongoing relationship.”

    TWD, based in Arlington, is a communication and collaboration solutions provider for the public sector.

    “TWD is focused on delivering managed services and ‘as-a-service’ offerings such as UCaaS (Unified Communications-as-a-Service),” said Besterman. “This transaction will allow us to continue our progress in these areas.”

    JCI was originally acquired by TWD in 2006 and has provided telecommunications infrastructure services to federal, state and local government customers. for the past 23 years. JCI holds a General Services Administration (GSA) Information Technology (IT) Schedule 70 contract to provide IT professional services to the federal government. Under the agreement, CONETSCO will acquire JCI’s GSA Schedule and related operations.

    http://www.cns-inc.com/

    Previous ArticleMacB Opens New Office in Augusta, Ga. Near Fort Gordon
    Next Article Monte Ford, Keith Trippie Join Board of Visionary Integration Professionals

    Related Posts

    ASRC Federal Taps Aerospace Veteran Mike O’Hara to Drive Space Growth

    2025 Chief Officer Awards Winner: SPA’s Dave Hearding

    2025 Chief Officer Awards Winner: BryceTech’s Jeffrey Mujsce

    Comments are closed.

    LinkedIn Follow Button LinkedIn Logo Follow Us on LinkedIn
    2025 Chief Officer Awards - Winners Revealed
    Latest Industry Leaders

    Top Cyber Execs to Watch in 2025

    Top Chief Technology Officers to Watch in 2025

    Load More
    Latest Posts

    ASRC Federal Taps Aerospace Veteran Mike O’Hara to Drive Space Growth

    June 18, 2025

    2025 Chief Officer Awards Winner: SPA’s Dave Hearding

    June 18, 2025

    2025 Chief Officer Awards Winner: BryceTech’s Jeffrey Mujsce

    June 18, 2025

    Top Health Care Execs to Watch in 2025: Peraton’s Lauren Toth

    June 18, 2025

    Top Health Care Execs to Watch in 2025: Intel Corp.’s Mike Namvar

    June 18, 2025
    Quick Links
    • Executive Councils & Committees
    • Chief Officer Awards
    • Pinnacle Awards
    • Advertise With Us
    • About WashingtonExec
    • Contact
    Connect
    • LinkedIn
    • YouTube
    • Facebook
    • Twitter

    Subscribe to The Daily

    Connect. Inform. Celebrate.

    Copyright 2023 © WashingtonExec, Inc. | All Rights Reserved. Powered by J Media Group

    Type above and press Enter to search. Press Esc to cancel.