TXO accelerates growth strategy with acquisition of Wesbell Communications

CHEPSTOW, Wales, Oct. 2, 2026 /PRNewswire/ — TXO, a global leader in end-to-end sustainable technology lifecycle solutions, has acquired Wesbell Communications for an undisclosed sum.

Wesbell, a leading technology solutions provider, supports Tier 1 telecoms operators, hyperscalers and data center customers with network and engineering services, managed services, asset recovery, and third-party maintenance.

The acquisition forms part of TXO’s transformational growth strategy, combining organic growth with targeted acquisitions of innovative technology-led businesses. This deal brings together Wesbell’s established Tier 1 customer relationships, solutions capability, and additional processing capacity with TXO’s global reach, expanding the range and scale of services available to customers worldwide.

Oliver Lemanski, CEO of TXO, said: “Wesbell is an exceptional business with great people, deep technical expertise and capabilities that complement TXO extremely well. This acquisition is about much more than expanding our footprint. It broadens our end-to-end technology lifecycle offering, adding expertise and capacity to enhance the solutions we already deliver for customers across the globe.

“We help businesses across all sectors get more from their technology as they modernize for AI and deliver digital transformation. That includes making networks and supply chains more resilient, as well as helping customers extend equipment life, recover value and make more sustainable use of their infrastructure.

“We are delighted to welcome the Wesbell team to TXO and thank TowerBrook Delta for their continued support for this exciting growth journey.”

Dave Rose, CEO of Wesbell Communications, said: “Joining TXO is an exciting next chapter for Wesbell. We are incredibly proud of what our people have built, the technical expertise within our team and the trust we’ve earned by solving complex challenges for our customers.

“TXO shares our customer-first approach and brings global scale and capabilities across the technology lifecycle. Together, we have a real opportunity to invest in our people and capabilities, offer more to our existing customers, and bring Wesbell’s expertise to customers across the TXO Group worldwide.”

The transaction was led by Phil Miller, Chief Corporate Development Director at TXO, with DLA Piper acting as legal adviser and Eight Advisory as financial adviser.

Notes to editors:

Link to images and logos: https://www.txo.com/app/uploads/2026/10/TXO-wesbell.zip

Acquisition background and timeline: TXO was founded in 2005 and has expanded through a series of strategic acquisitions, broadening its geographic reach and technology lifecycle capabilities. These include MMX Communications Services in 2019, adding specialist repair and support expertise; Lynx UK in 2023, strengthening its network decommissioning capabilities; Germany-based TEQPORT in 2024, extending its European presence; and US-based AirWay Group in 2025, expanding its North American operations. TowerBrook Delta made a majority investment in TXO in 2023, supporting its international growth strategy.

More information on the recent appointment of Oliver Lemanski, CEO of TXO https://www.txo.com/resources/txo-strengthens-leadership-team/

About TXO (www.txo.com)

TXO enables organizations worldwide to optimize and transform technology across its entire lifecycle. Through technology-led solutions, TXO helps customers extend asset life, improve network performance, unlock value and reduce environmental impact.

Its capabilities span network and engineering services, managed services, third party maintenance and lifecycle management, alongside the recovery, reuse, resale and responsible recycling of technology assets.

About Wesbell Communications (www.wesbell.com)

Wesbell Communications is a Canadian Tier 1 solutions provider with extensive experience supporting major telecommunications customers. Its capabilities include network and engineering services, managed services and technical support, delivered by an experienced team with deep knowledge of telecoms infrastructure and operations.