M&A Deal Summary

ADB Companies Acquires ETAK Systems

On March 4, 2021, ADB Companies acquired engineering company ETAK Systems from Mosaic Capital Partners

Acquisition Highlights
  • This is ADB Companies’ 1st transaction in the Engineering sector.
  • This is ADB Companies’ 1st transaction in the United States.
  • This is ADB Companies’ 1st transaction in North Carolina.

M&A Deal Summary

Date 2021-03-04
Target ETAK Systems
Sector Engineering
Buyer(s) ADB Companies
Sellers(s) Mosaic Capital Partners
Deal Type Add-on Acquisition

Target

ETAK Systems

Charlotte, North Carolina, United States
ETAK Systems is an outsourced service provider to wireless carriers for scheduled maintenance and installation activities for wireless communication infrastructures in six primary regions throughout the U.S. ETAK’s wireless communication infrastructure services include reserve battery power installation/replacement, power plant upgrades, and capacity-expanding radio installations for carriers. Specializing in services related to communication infrastructure, ETAK also offers site reviews, location analysis, engineering audits, battery testing, small cell, and distributed antenna system installation. ETAK Systems was founded in 1997 and is based in Charlotte, North Carolina.

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Buyer(S) 1

Buyer

ADB Companies

Pacific, Missouri, United States

Category Company
Founded 1995
Sector Construction
DESCRIPTION

ADB Companies is a turnkey provider of aerial and underground infrastructure services for telecommunication, utility, technology and government customers throughout the United States. ADB is nationally recognized for its customer-centric philosophy, backed by accountability and results. ADB Companies was founded in 1995 and is based in Pacific, Missouri.


DEAL STATS #
Overall 1 of 2
Sector: Engineering M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 2
State: North Carolina M&A 1 of 1
Country: United States M&A 1 of 2
Year: 2021 M&A 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-20 PrimeTech Communications

Hamilton, Ohio, United States

PrimeTech Communications is a full-service construction contractor for telecommunications and Utility Industries. The company offers six main lines of service: aerial and underground construction, fiber optic services, engineering services, emergency restoration services, and project management. Founded in 1996, PrimeTech Communications is headquartered in Cincinnati, Ohio, with additional locations in Columbus, OH, Louisville, KY, and Indianapolis, IN.

Buy -

Seller(S) 1

DESCRIPTION

Mosaic Capital Partner is a private investment firm focused on providing equity and mezzanine capital to lower middle-market companies with at least $10 million in revenue. The Firm has a special interest in companies with ESOPs and will consider businesses operating in a range of sectors including business services, chemicals, consumer products, environmental, food/beverages, healthcare services, distribution, machinery, and niche manufacturing. The Firm's geographic preference is businesses in the Southeast, Midwest, and Mid-Atlantic US. Mosaic Capital Partners was formed in 2011 and is headquartered in Charlotte, North Carolina.


DEAL STATS #
Overall 1 of 2
Sector: Engineering M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 2
State: North Carolina M&A 1 of 1
Country: United States M&A 1 of 2
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-16 NuSource

Eden Prairie, Minnesota, United States

NuSource provides technology, security, and managed service solutions to financial institutions, specializing in branch transformation, ATM and ITM deployment, and physical and electronic security systems. The Company serves banks and credit unions across the United States, integrating technology to improve operational efficiency and customer experience. NuSource was founded in 1999 and is headquartered in Eden Prairie, Minnesota.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-05-28 Ickler Electric

Poway, California, United States

Ickler Electric is a commercial electrical contractor that develops power systems for the mission-critical life sciences industry. Ickler Electric is headquartered in Poway, California.

Buy -