M&A Deal Summary

Eastern Communications Acquires RACOM

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

Acquisition Highlights
  • 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.

M&A Deal Summary

Date 2023-02-16
Target RACOM
Sector Business Services
Buyer(s) Eastern Communications
Deal Type Add-on Acquisition

Target

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(S) 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 STATS #
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