Tessco Technologies INC: insider trades · United States · SEC (Form 4)

About Tessco Technologies INC

TESSCO Technologies Inc. (ticker TESS) is a U.S.-based company that built its franchise around the wireless communications ecosystem, with a business model focused on value-added distribution, manufacturing, and technical solutions. Its roots date back to 1952, when Towson Engineering Sales & Service Company was formed as part of the original Tessco heritage. The company later repositioned itself in 1982 as a “Your Total Source” supplier to the emerging mobile radio market, establishing a long-standing identity as a single-source partner for wireless infrastructure customers. Tessco was listed on the NASDAQ market in 1994 under the symbol TESS. For investors, that historical market reference matters: Tessco was associated with NASDAQ, not the NYSE, and the company operated in the United States. Operationally, Tessco served commercial customers across the wireless value chain, including telecom carriers, system integrators, contractors, resellers, tower-related customers, and public-sector end users. Its product set has traditionally included antennas, broadband radios, cable products, signal enhancement systems, networking equipment, power systems, and test equipment. More broadly, the company positioned itself as a value-added technology distributor and solutions provider, combining product sourcing with supply-chain management, logistics, technical knowledge, and pre- and post-sale support. That model differentiated Tessco from pure distributors by emphasizing integration, engineering support, and end-to-end customer service. The company’s historical headquarters were in Hunt Valley, Maryland, with additional references to operations in Timonium, Maryland, and Reno, Nevada. Over time, Tessco expanded its footprint to improve coverage and delivery speed across the United States, reinforcing its role as a national supplier to wireless infrastructure customers. A major recent development was the closing of its merger in July 2023 with entities affiliated with Lee Equity Partners and Twin Point Capital. That transaction took Tessco private and resulted in the delisting of Tessco common stock from NASDAQ. In that same announcement, the company indicated it would maintain facilities in Hunt Valley, Timonium, and Reno while expanding its reach through combination with Alliance and GetWireless to build a larger North American value-added telecommunications distributor. Another notable recent event was the February 2025 sale of Ventev to Hubbell, which further reshaped the portfolio. For equity analysts, Tessco’s story is therefore best viewed as a wireless infrastructure and distribution platform that transitioned from public markets to private ownership.