TESSCO
Highly Engaged Employees
Office Products Retail & Distribution · Maryland, United States · 501-1,000 Employees
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Overview
Headquarters
11126 Mccormick Rd, Hunt Valley, Marylan...Phone Number
(410) 229-1000Website
www.tessco.comRevenue
$452.1 MillionIndustry
About TESSCO
TESSCO Org Chart
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TESSCO is experiencing very low activity levels compared to other companies in the Retail sector.
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TESSCO financials insights
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Stock Offering
$35M
Debt
$75M
TESSCO Tech Stack
A closer look at the technologies used by TESSCO
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TESSCO News & Media
Lee Equity and Twin Point close Tessco Technologies take-private buyout
The deal was for about $160 million. The post Lee Equity and Twin Point close Tessco Technologies take-private buyout appeared first on PE Hub.TESSCO Announces Closing of Merger Transaction
HUNT VALLEY, Md.--(BUSINESS WIRE)--TESSCO TECHNOLOGIES INCORPORATED (“Tessco” or the “Company”) today announced the closing of its previously announced merger with entities affiliated with Lee Equity Partners and Twin Point Capital, which also own Alliance Corporation (“Alliance”), a value-added distributor of equipment for the wireless industry, and GetWireless, LLC (“GetWireless”), a value-added distributor of cellular solutions that connect the Internet of Things (IoT). Tessco shareholders aTESSCO Technologies Incorporated Receives Stockholder Approval to Merge and Announces Expected Merger Closing Date
HUNT VALLEY, Md.--(BUSINESS WIRE)--(NASDAQ: TESS), TESSCO TECHNOLOGIES INCORPORATED (“Tessco” or the “Company") announced today that, at a Special Meeting of Stockholders held on July 13, 2023, Tessco stockholders approved the proposal to approve the merger transaction between Tessco and entities affiliated with Lee Equity Partners LLC and Twin Point Capital LLC, which also own Alliance Corporation (“Alliance”), a value-added distributor of equipment for the wireless industry, and GetWireless,TESSCO Reports Fourth-Quarter Fiscal 2023 Financial Results
HUNT VALLEY, Md.--(BUSINESS WIRE)--TESSCO TECHNOLOGIES INCORPORATED (NASDAQ: TESS) today reported financial results for its fiscal year 2023 fourth quarter, ended March 26, 2023. Fourth-Quarter and Full Fiscal Year 2023 Financial Highlights (all from continuing operations): Fiscal year 2023 revenues increased by 8% and gross profit grew by 17%; fiscal 2023 revenues of $452 million, within guidance range Fiscal year 2023 net loss of $4.3 million, within guidance range Adjusted EBITDA for fiscal
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Frequently Asked Questions Regarding TESSCO
Founded in 1982, Tessco is headquartered in Hunt Valley, Maryland. They are a supplier of wireless communications products for network infrastructure, site support, fixed and mobile broadband networks. and mobile phone accessories.... Read More