COEO Solutions Acquires NetWolves, Expanding Network and Connectivity Capabilities for Mid-Market Enterprises

SCHAUMBURG, Ill., Aug. 3, 2026. COEO Solutions ("COEO"), a Riata Capital Group portfolio company and leading managed network, communications, security, and IT provider for multi-location mid-market enterprises, today announced the acquisition of NetWolves Network Services ("NetWolves"). This is COEO's second acquisition of 2026, following the April acquisition of S-NET Communications, and extends COEO's platform for the Forgotten 5000, designed to address the complex networking needs of multi-location, mid-market enterprises.

NetWolves is a managed IT and network services provider that helps organizations design, secure, monitor, and manage enterprise networks, cloud infrastructure, cybersecurity, and connectivity. The acquisition brings a carrier-agnostic network and connectivity practice, along with 24/7 managed services. The acquisition adds carrier network scale to COEO's footprint and deepens the company's SD-WAN and managed connectivity capabilities, strengthening its ability to serve customers with complex, multi-location connectivity and networking needs.

"NetWolves built their business on the technical depth and the service discipline to design complex enterprise networks and manage them around the clock," said Frank Ruffolo, CEO of COEO Solutions. "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. NetWolves' team and technical expertise strengthen what we can deliver, and our customers and partners gain a broader network and deeper connectivity capability as a result."

COEO is focused on a deliberate, well-supported transition for NetWolves' customers and partners. Peter Castle and Scott Foote, who together have more than forty years with the business, are serving as senior advisors to COEO through the transition period, with a particular focus on continuity for NetWolves' largest accounts.

The DAK Group acted as exclusive financial advisor to NetWolves, and Benesch served as legal counsel to COEO Solutions in connection with this transaction.

About COEO Solutions

COEO Solutions is a leading managed network and cloud communications partner for multi-location mid-market enterprises across the United States. Founded in 2014 and headquartered in Schaumburg, IL, COEO provides a full suite of managed network and cloud communications services, including SD-WAN, SASE, UCaaS, CCaaS, SIP Trunking, Microsoft Teams Direct Routing, and dedicated internet access, backed by 24x7x365 US-based support and a dedicated team assigned to every customer account. COEO is a portfolio company of Riata Capital Group.

About Riata Capital Group

Riata Capital Group is a leading Dallas-based private equity investment firm that partners with seasoned management teams to invest in growing, profitable, privately held companies with a focus on business services, consumer, and healthcare services. Over the course of their careers, the principals of Riata Capital Group have deployed over $2 billion of capital into more than 47 platforms and 450 add-on acquisitions totaling $7.7 billion in transaction value.

SOURCE COEO Solutions