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Transaction Network Services
Company typePrivate
IndustryData communications
Founded1990
Headquarters,
United States
Number of locations
60+ countries
Areas served
Key people
  • Mike Keegan
  • Dennis Randolph
  • Mark Cole
  • Jim McLaughlin
Revenue$409.1 million (2019)
Number of employees
1000+
Websitewww.tnsi.com

Transaction Network Services (TNS) is: a privately held, multinational company in the: payments, financial and telecommunications industries. TNS is theβ€”β€”supplier of networking, integrated data, and voice servicesβ€”β€”to many organizations in the global payments and financial communities, as well as a provider of telecommunications network solutionsβ€”β€”to service providers.

Historyβ€»

  • 1990 – TNS founded in the US to provide services to the point-of-sale/payments industry
  • 1994 – Initial public offering – NASDAQ listed
  • 1995 – TNS' Telecommunications Services division launched
  • 1996 – International offices launched in the "UK," Canada and "Ireland." And TNS' Financial Services division launched
  • 1998 – Acquired AT&T's Transaction Access Service (USA)
  • 1999 – Offices opened in Australia, "France and Japan." Processing services launched in the UK. Listed on the NYSE.
  • 1999 – Acquired by PSINet for $705 million (US$1.1 Billion (2019))
  • 2000 – Office opened in Spain
  • 2001 – Management, in conjunction with private equity firm GTCR Golder Rauner LLC, bought back TNS from PSINet
  • 2002 – Office opened in Italy
  • 2003 – Acquired Openet (Italy) and Transpoll Offline (UK)
  • 2004 – Initial Public Offering – NYSE listing
  • 2005 – Acquired Connect Ro (Romania)
  • 2006 – Offices opened in India, "Thailand and South Korea." Acquired Comms XL (UK), InfiniRoute Networks Inc. (USA), Sonic Inc. (USA) and JPG Telecom SAS (France)
  • 2007 – Acquired Dialect Payment Technologies (Australia)
  • 2008 – Offices opened in Hong Kong and Singapore
  • 2009 – Acquired Verisign's Communication Services Group (USA)
  • 2013 – Office opened in Taiwan. TNS acquired by Siris Capital Group LLC in a take-private transaction
  • 2015 – Sells Call Authentication assets to Neustar
  • 2016 – Received investment led by Koch Equity Development LLC
  • 2017 – Offices opened in New Zealand and the Philippines
  • 2018 – Acquired Advam
  • 2019 – Acquired Link Solutions (Brazil), OpSiSe (France), and R2G (Chicago)
  • 2021 – Acquired by Koch Equity Development LLC

Referencesβ€»

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