M&A Deal Summary

QualTek USA Acquires Aerial Wireless Services

On October 21, 2019, QualTek USA acquired infrastructure company Aerial Wireless Services from The Anderson Group

Acquisition Highlights
  • This is QualTek USA’s 1st transaction in the Infrastructure sector.
  • This is QualTek USA’s 7th transaction in the United States.
  • This is QualTek USA’s 1st transaction in Massachusetts.

M&A Deal Summary

Date 2019-10-21
Target Aerial Wireless Services
Sector Infrastructure
Buyer(s) QualTek USA
Sellers(s) The Anderson Group
Deal Type Divestiture

Target

Aerial Wireless Services

Bellingham, Massachusetts, United States
website
Aerial Wireless Services LLC is a regional provider of wireless communication infrastructure construction and maintenance services. Aerial Wireless Services was formed in 2013 and is based in Bellingham, Massachusetts.

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Buyer(S) 1

Buyer

QualTek USA

King of Prussia, Pennsylvania, United States

website


Category Company
Founded 2012
Sector Communications
DESCRIPTION

QualTek USA LLC is a provider of turnkey solutions, including engineering, installation, fulfillment, and program management, to the North American telecommunications and power sectors. QualTek provides end-to-end infrastructure services solutions to the wireline (NX Utilities), wireless (Empire Telecom and Velocitel), and residential and commercial fulfillment (QualSat and ACI) segments of the market. With experienced management, qualified field technicians, state-of-the-art data management systems, and a dedicated network of contractors, QualTek is a premier partner to some of the largest leading companies in the telecommunications and power industries.


DEAL STATS #
Overall 8 of 12
Sector (Infrastructure) 1 of 1
Type (Divestiture) 1 of 1
State (Massachusetts) 1 of 1
Country (United States) 7 of 11
Year (2019) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-10-07 Vinculums Services

Irvine, California, United States

Vinculums is an infrastructure service provider for wireless operators throughout the Western United States. Vinculums specializes in program management, site acquisition, construction, transport, and small cell and DAS solutions.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-27 Fiber Network Solutions

Tyler, Texas, United States

Fiber Network Solutions is a premier full-service provider of fiber optic and electrical services, focusing primarily on renewable energy projects. Fiber Network Solutions was founded in 2001 and is based in Tyler, Texas.

Buy -

Seller(S) 1

DESCRIPTION

The Anderson Group is a private equity firm focused on acquiring US-based companies at the lower end of the middle-market. While Anderson will consider divestitures, generational sales, cash flow transactions, and leveraged recapitalizations, the Firm prefers investing in distressed businesses needing operational improvement. Target companies should have at least $10 million in revenue and $1 million in EBITDA (no minimum EBITDA in restructuring situations). Anderson is a generalist investor, however, the Firm avoids technology, natural resources or retail businesses. The Anderson Group was formed in 1985 and is based in St. Petersburg, Florida.


DEAL STATS #
Overall 11 of 12
Sector (Infrastructure) 1 of 1
Type (Divestiture) 1 of 1
State (Massachusetts) 1 of 1
Country (United States) 11 of 12
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-13 Fosbel

Cleveland, Ohio, United States

Fosbel is a provider of refractory maintenance and repair services to operators of heavy industrial ovens and furnaces in the coke and glass production industries. Fosbel Holdings was founded in 1981 and is based in Cleveland, Ohio.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-10-30 FK Instrument

Clearwater, Florida, United States

FK Instrument is a manufacturer of superior quality, precision instrument parts. FK Instrument Co. provides mission-critical components that are required to meet incredibly tight tolerances. FK Instrument was founded in 1952 an is based in Clearwater, Florida.

Buy -