A local technology services company is expanding down Interstate 64 with its second acquisition in a year.
Epitome Networks recently purchased TELTEK Communications Inc., or TCI, in Norfolk. Terms of the sale were not disclosed.
The Jan. 1 deal follows a similar acquisition a year ago, when Epitome bought Henrico County-based Cottrell Communications, another telecommunications firm.
“We’re in a growth mode,” said John Street, president of Epitome Networks. “Our goal is to continue to expand both geographically and organically.”
TCI does the same kind of work as Cottrell, Street said. It focuses on business phone systems, structure cabling and security features such as access control points and security cameras.
The acquisition adds TCI’s 20 employees to Epitome’s ranks, bringing its total headcount to about 70, Street said. TCI’s name will stay the same, as will its location.
TCI will now offer Epitome’s network services to Norfolk customers as well. Epitome, founded in 2009, specializes in networking and support, and the addition of Cottrell and TCI rounds out its IT offerings.
Street said the company approached TCI.
Ken Shewbridge founded TCI with his brother, Doug, in 1983.
Shewbridge said they weren’t looking to sell the company but thought Epitome’s offer was too good to pass up. He considers himself “semi-retired” now and still works at TCI, helping with the transition.
“It gives a lot of opportunities to my employees,” Shewbridge said of the deal.
Shewbridge went to high school with Preston Cottrell, founder of Cottrell Communications. He said Cottrell gave Epitome – and Street – his stamp of approval.
Epitome also moved from an office on Mayland Drive to a larger space at 1600A E. Parham Road last year.