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TESSCO

Cable & Satellite · Maryland, United States · 557 Employees

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About

Headquarters

11126 Mccormick Rd, Hunt Valley, Maryland, 2103...

Revenue

$452.1 Million

Industry

Cable & Satellite Telecommunications

Highlights

$110M

Total Funding Amount

$75M

Most Recent Funding Amount

2

Number of Funding Rounds

Who is TESSCO

TESSCO Technologies Incorporated architects and delivers products and value chain solutions to support wireless systems in the United States. It of fers base station infrastructure products, including base station antennas, cable and transmission lines, small towers, lightning protection devices, connectors, power systems, enclosures, grounding, jumpers, miscellaneous hardware products, and mobile antennas to build, repair, and upgrade wireless broadband systems; and connector installation, custom jumper assembly, site kitting, and logistics integration services. The company also offers network systems, such as fixed and mobile broadband radio equipment, wireless networking filtering and distributed antenna systems, two-way radios, and security and surveillance products; and training classes, technical support, and engineering design services. In addition, it provides analysis equipment, various frequency, voltage, and power-measuring devices, as well as tools, hardware, GPS, safety and replacement products, and component parts and supplies to install, tune, and maintain wireless communications equipment. Further, the company offers mobile devices and accessory products, such as cellular and smart phone, and data device accessories, such as power supplies, cases, screen protectors, speakers, mobile amplifiers, Bluetooth and corded headsets, mounts, car antennas, music accessories, and data and memory cards. It sells its products to carrier and public network operators, tower owners, program managers, contractors and integrators, private system operators, federal, state and local governments, manufacturers, value-added resellers, retail carrier stores and their independent agents, as well as other local and national retailers under the Ventev, Wireless Solutions, and TerraWave brands. The company was founded in 1982 and is headquartered in Hunt Valley,...Read more

TESSCO's Social MediaPopular SearchesTessco Technologies IncTESSCO TechnologiesTesscoTESSCO IncTESSCO Energy Services IncSIC Code 48,489NAICS Code 51,517Show more

TESSCO Org Chart

Sandip Mukerjee

President & Chief Executive Officer

PhoneEmail
David Young

Chief Financial Officer

PhoneEmail
David Strauss

Chief Revenue Officer

PhoneEmail

PhoneEmail

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TESSCO Company Metrics

Company Insights
Employee Growth Rate
Funding
Funding DateOct 30, 2020
RoundDebt
Amount$75M
InvestorsUndisclosed
Funding DateSep 27, 1994
RoundStock Issuance/Offering
Amount$35M
Investors
See More

$110M

Total Funding Amount

$75M

Most Recent Funding Amount

2

Number of Funding Rounds

Acquisitions & Subsidiaries

Jul 18, 2022

TerraWave Solutions

NetForce Solutions

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TESSCO Tech Stack

A closer look at the technologies used by TESSCO

Top Companies in United States

Top 10 companies in United States by revenue

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Top 10 companies in United States by total funding amount

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Most Recent Scoops

Mar 22 2024
Event
Events
Jun 23 2023
Open Position
May 26 2023
Earnings
Sales
May 26 2023
Earnings
Sales
Apr 12 2023
Mergers & Acquisitions (M&A)
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TESSCO News & Media

  • 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 a
  • TESSCO 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
  • SHAREHOLDER ALERT: Rigrodsky Law, P.A. Is Investigating TESSCO Technologies Incorporated Buyout

    Wilmington, Delaware--(Newsfile Corp. - April 13, 2023) - Rigrodsky Law, P.A. is investigating TESSCO Technologies Incorporated ("TESSCO") (NASDAQ: TESS) regarding possible breaches of fiduciary duties and other violations of law related to TESSCO'S agreement to be acquired by affiliates of Lee Equity Partners and Twin Point Capital. Under the terms of the agreement, TESSCO shareholders will receive $9.00 per share in cash.To learn more about this investigation and your rights, visit:...
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Frequently Asked Questions Regarding TESSCO

Where is TESSCO located?
TESSCO's headquarters are located at 11126 Mccormick Rd, Hunt Valley, Maryland, 21031, United States
What is TESSCO's official website?
TESSCO's official website is www.tessco.com
What is TESSCO's Revenue?
TESSCO's revenue is $452.1 Million
What is TESSCO's SIC code?
TESSCO's SIC: 48,489
What is TESSCO's NAICS code?
TESSCO's NAICS: 51,517
How many employees does TESSCO have?
TESSCO has 557 employees
What industry does TESSCO belong to?
TESSCO is in the industry of: Cable & Satellite, Telecommunications
What is TESSCO competition?
TESSCO top competitors include: Superior Communications, Talley, BearCom, Anixter
What companies has TESSCO acquired?
TESSCO has acquired the companies: TerraWave Solutions, NetForce Solutions
What technology does TESSCO use?
Some of the popular technologies that TESSCO uses are: Microsoft IIS, WordPress.org, Drupal, iCIMS
Who is the CEO of TESSCO?
TESSCO's CEO is Sandip Mukerjee
Who is the CFO of TESSCO?
TESSCO's CFO is David Young
What does TESSCO do?

TESSCO Technologies Incorporated architects and delivers products and value chain solutions to support wireless systems in the United States. It offers base station infrastructure products, including base station antennas, cable and transmission lines, small towers, lightning protection devices, connectors, power systems, enclosures, grounding, jum... pers, miscellaneous hardware products, and mobile antennas to build, repair, and upgrade wireless broadband systems; and connector installation, custom jumper assembly, site kitting, and logistics integration services. The company also offers network systems, such as fixed and mobile broadband radio equipment, wireless networking filtering and distributed antenna systems, two-way radios, and security and surveillance products; and training classes, technical support, and engineering design services. In addition, it provides analysis equipment, various frequency, voltage, and power-measuring devices, as well as tools, hardware, GPS, safety and replacement products, and component parts and supplies to install, tune, and maintain wireless communications equipment. Further, the company offers mobile devices and accessory products, such as cellular and smart phone, and data device accessories, such as power supplies, cases, screen protectors, speakers, mobile amplifiers, Bluetooth and corded headsets, mounts, car antennas, music accessories, and data and memory cards. It sells its products to carrier and public network operators, tower owners, program managers, contractors and integrators, private system operators, federal, state and local governments, manufacturers, value-added resellers, retail carrier stores and their independent agents, as well as other local and national retailers under the Ventev, Wireless Solutions, and TerraWave brands. The company was founded in 1982 and is headquartered in Hunt Valley,...Read More

What are TESSCO social media links?
TESSCO Linkedin page TESSCO Twitter page TESSCO Facebook page
How much funding has TESSCO raised to date?
TESSCO has raised $110 Million in 2 funding rounds
When was the last funding round for TESSCO?
TESSCO closed its last funding round on Oct 30, 2020 with the amount of $75 Million
Is TESSCO a public company?
TESSCO is private company therefore does not currently have an official ticker symbol
See more information about TESSCO

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