123Net acquires Holland-based Internet firm, T2 Communications

Southfield-based 123Net is expanding across Michigan, acquiring another telecommunications company in Holland, T2 Communications.

"It will give us better and more robust connectivity throughout Holland," says Steve Hazel, agent manager for 123Net. "It will also give us a more robust customer support system."

The 20-year-old firm is one of Michigan’s largest telecommunications and Internet service providers. It has been active in West Michigan since 2000 and has partnered with T2 Communications for years. 123Net has also invested significantly in its Grand Rapids fiber ring, wireless PoP sites, and its Grand Rapids/Byron Center data center.

123Net serves thousands of businesses across Michigan with a network that includes over 2,500 route miles of fiber, more than 70 high speed fixed wireless towers, and four world-class data centers. It has grown significantly over the last six months, hiring five people in positions like marketing and project management. It currently employs a staff of 43 and is looking to hire three more.

The T2 Communications acquisition is 123Net's third merger over the last year. Although there aren't any more acquisition candidates in 123Net's pipeline right now, that doesn't mean there won’t be another one before the end of the year.

"There is always the possibility," Hazel says. "We seem to acquire firms at a steady pace of a couple at a time."

Source: Steve Hazel, agent manager for 123Net
Writer: Jon Zemke

Read more about Metro Detroit's growing entrepreneurial ecosystem at SEMichiganStartup.com.
Enjoy this story? Sign up for free solutions-based reporting in your inbox each week.

Related Company