Add-on Acquisition • Business Services

Eastern Communications Acquires RACOM

On February 16, 2023, Eastern Communications acquired business services company RACOM

Acquisition Context

This is Eastern Communications’ 1st transaction in the Business Services sector.
This is Eastern Communications’ 1st transaction in the United States.
This is Eastern Communications’ 1st transaction in Iowa.

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M&A Deal Summary
Date	February 16, 2023
Target	RACOM
Sector	Business Services
Buyer(s)	Eastern Communications
Deal Type	Add-on Acquisition

Target Company

RACOM

Marshalltown, Iowa, United States

RACOM is an emergency communications service and technology provider. RACOM is based in Marshalltown, Iowa.

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Buyer Overview 1

Buyer

Eastern Communications

Bloomfield, Connecticut, United States

Category	Company
Founded	1996
Sector	Business Services

DESCRIPTION

Eastern Communications is a general and electrical contractor and currently operates from two locations; Gorham, ME, and Bloomfield, CT. Utilizing these strategic locations to service the entire New England area (CT, RI, MA, VT, NH and ME). Eastern Communications was founded in 1996 and is based in Bloomfield, Connecticut.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Business Services	1 of 1
Type: Add-on Acquisition	1 of 1
State: Iowa	1 of 1
Country: United States	1 of 1
Year: 2023	1 of 1

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