The deal was conducted on a cash-free, debt-free basis.

News Building & Engineering Staff Reporter , Singapore Published: 3 minutes ago Photo from Magnific CSE Global acquires US telecom solutions provider SEI for $10.3m The deal was conducted on a cash-free, debt-free basis.CSE Global has acquired US-based telecommunications solutions provider SEI Wireless Solutions for approximately $10.

3m (US$8m).The transaction was completed through the group’s indirect wholly owned subsidiary, CSE Crosscom USA, on 21 July, according to a bourse filing.Following the completion, SEI, founded in 2009, became an indirect wholly owned subsidiary of CSE Global.

Based on the telecommunications solutions business’s unaudited financial statements for the year ended Dec. 31, 2025, its net profit stood at $2.3m (US$1.

8m), whilst EBITDA was about $2.19m (US$1.7m).

The deal was conducted on a cash-free, debt-free basis. CSE said 80% of the purchase consideration was paid on the completion date.Meanwhile, the remaining amount will be paid after post-closing purchase price adjustments are determined within 120 days, or at a later date if agreed by both parties.

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