Telstar Hosted Services

Telstar logo


Business Software/Service


Denver CO

Company Overview:

TelStar Hosted Contact Center Solutions provides industry leading Communications-as-a-Service (“CaaS”) to small and medium businesses on a hosted basis. TelStar was founded in 2006 as a division of TouchStar Software Corporation, which sold software product and services primarily to the premise-based call center industry. The Company emerged out of receivership in 2009 and needed to divest certain divisions to raise cash.

Investment Status:

Realized. Sold to Noble Systems Corporation in 2012

Transaction Date:

2009 Corporate Divestiture out of receivership

Transaction Overview:

We backed a management team to purchase an orphaned division of a restructuring corporation. Focus was on building out stand-alone corporate infrastructure, investing in product development and refining product positioning.