The financial terms of the private transaction for the Parsippany-based technology advisory and sourcing company were not disclosed.
Headquartered in Franklin, Tennessee, RCG is a highly regarded telecommunications advisory agency with a track record of excellence in providing comprehensive telecom lifecycle management services.
This strategic milestone marks Bluewave’s fifth acquisition this year, expanding its presence into the Nashville metro area.
Founded in 2004 and later acquired by John Anderson, Rich Brown and Kara Rickvalsky in 2018, RCG has been at the forefront of providing medium-sized enterprises with a full-function, outsourced telecom team. Under their leadership, RCG developed a comprehensive suite of telecom services, encompassing solutioning, contracting, implementation, expense management and optimization. In 2019, RCG gained national recognition by being included in the annual Inc. 5000 list, a prestigious ranking of the nation’s fastest-growing private companies. Anderson, Brown and Rickvalsky, each possessing over 25 years of telecom experience, have been instrumental in RCG’s continued success and reputation for excellence.
“Bluewave shares our belief that clients benefit from collaborative partnerships in developing and managing solutions to achieve defined outcomes,” Rickvalsky said.
“We are delighted to welcome RCG to Bluewave,” Seth Penland, founder and CEO of Bluewave, said. “This strategic integration reinforces our position as a leading technology advisory and sourcing company and enhances our ability to provide clients with top-tier technology lifecycle management services. We look forward to combining our expertise and resources to provide excellent service to our clients and help them achieve their technology goals and measurable business outcomes.”