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Telvantis Inc. Signs Binding LOI to Acquire AmeriCrew; Deal Marks Milestone Acquisition to Enter Multi Billion Dollar High Growth Market; First Step to Building Integrated Fiber, Wireless and Edge Data Center Infrastructure Provider
Telvantis Inc. Signs Binding LOI to Acquire AmeriCrew; Deal Marks Milestone Acquisition to Enter Multi Billion Dollar High Growth Market; First Step to Building Integrated Fiber, Wireless and Edge Data Center Infrastructure Provider.
About this update from Raadr, Inc.
[{"type":"text","content":"\r\n\r\n \r\n \r\n Telvantis Inc. Signs Binding LOI to Acquire AmeriCrew; Deal Marks Milestone Acquisition to Enter Multi Billion Dollar High Growth Market; First Step to Building Integrated Fiber, Wireless and Edge Data Center Infrastructure Provider\r\n \r\n \r\n\r\n\r\nTelvantis Inc. Signs Binding LOI to Acquire AmeriCrew; Deal Marks Milestone Acquisition to Enter Multi Billion Dollar High Growth Market; First Step to Building Integrated Fiber, Wireless and Edge Data Center Infrastructure Provider\r\n\r\n\r\n\r\n\r\n\r\nNEW YORK, NY - July 10, 2025 (NEWMEDIAWIRE) - Telvantis Inc., formerly Raadr, Inc. (OTC: RDAR) (Telvantis or the Company), a Florida-based technology-driven telecommunications and enterprise solutions provider and AmeriCrew Inc. (OTC: ARCU), a New Jersey-based corporation, today announced the signing of a binding Letter of Intent (LOI) to acquire all of AmeriCrews operating businesses. \r\n The acquisition of AmeriCrews operating entities will mark the first transaction of the Companys US-based acquisition strategy. AmeriCrew operates on a unique veteran employment and apprenticeship model that supports the communities it services with a scalable, high-quality workforce model. \r\n The combined companies will continue to rapidly expand their US footprint in the fiber, 5G wireless connectivity and edge-datacenter space. The new companys strategy involves entry into selected high growth markets for local data infrastructure and edge computation to support emerging applications such as AI, crypto mining and localized data platforms. The intention is to rapidly become a dominant, integrated player in the construction, operation ownership of such local communication infrastructure and networks. According to independent research, the edge computation market alone will grow at an annual rate of more than 30% over the coming years and is expected to reach $43 billion by 2030. \r\n AmeriCrews to-be-acquired entities are expected to exceed $12 million in revenues at substantial profit margins this year. 2026 expected revenues for the businesses are substantially higher. No common equity is expected to be issued as a part of the transaction. The acquired entities will retain their very experienced management team and operate mainly independent from the holding company. \r\n The Closing of the acquisition and final purcha...