COEO buys NetWolves in second acquisition of 2026
What's the deal? COEO SolutionsDealroom has a profile for this one. Try Dealroom → has acquired NetWolves Network ServicesDealroom has a profile for this one. Try Dealroom →, adding carrier-agnostic network and connectivity services to its platform for multi-location, mid-market enterprises. COEO, a Riata Capital GroupDealroom has a profile for this one. Try Dealroom → portfolio company, is a managed network, communications, security, and IT provider. Deal terms were not disclosed.
Who's who? NetWolvesDealroom has a profile for this one. Try Dealroom → is a managed IT and network services provider that helps organisations design, secure, monitor, and manage enterprise networks, cloud infrastructure, cybersecurity, and connectivity. The deal brings COEO a carrier-agnostic network practice and 24/7 managed services.
Why now? This is COEO's second acquisition of 2026, following its April purchase of S-NET CommunicationsDealroom has a profile for this one. Try Dealroom →. The company is assembling a platform for what it calls the "Forgotten 5000" — mid-market enterprises with complex, multi-location networking needs.
What's the endgame? COEO wants to be a single accountable partner across network, communications, security, and IT infrastructure. The acquisition deepens its SD-WAN and managed connectivity capabilities and adds carrier network scale.
"This is our second acquisition this year, and it reflects a clear strategy: build a complete platform for mid-market enterprises who require more tailored services and support than other carriers provide," said Frank Ruffolo, chief executive officer of COEO Solutions.
What changes for customers? COEO says it is focused on a deliberate transition for NetWolves' customers and partners. Peter Castle and Scott Foote, who together have more than 40 years with NetWolves, are serving as senior advisers through the transition, focusing on continuity for the largest accounts. The company will contact customers in the coming weeks with timelines and named points of contact.
The signal: COEO's back-to-back deals reflect ongoing consolidation among managed service providers targeting the mid-market, where fragmented vendors are being rolled up into single-partner platforms.
