M&A Deal Summary

ENTRUST Solutions Acquires Magellan Advisors

On November 16, 2022, ENTRUST Solutions acquired communications company Magellan Advisors

Acquisition Highlights
  • This is ENTRUST Solutions’ 2nd transaction in the Communications sector.
  • This is ENTRUST Solutions’ 9th transaction in the United States.
  • This is ENTRUST Solutions’ 2nd transaction in Colorado.

M&A Deal Summary

Date 2022-11-16
Target Magellan Advisors
Sector Communications
Buyer(s) ENTRUST Solutions
Deal Type Add-on Acquisition

Target

Magellan Advisors

Denver, Colorado, United States
Magellan Advisors provides planning, engineering, grant writing and management of technologically advanced fiber and broadband networks. Magellan Advisors is based in Denver, Colorado.

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Buyer(S) 1

Buyer

ENTRUST Solutions

Warrenville, Illinois, United States

Category Company
Sector Business Services
Employees1,500
DESCRIPTION
EN Engineering's corporate headquarters in Warrenville, Illinois.
EN Engineering's corporate headquarters in Warrenville, Illinois.

ENTRUST Solutions is an outsourced provider of comprehensive design, engineering, and consulting services to utilities in the U.S. ENTRUST Solutions offers customers a full spectrum of services with expertise in gas and electric distribution, pipeline infrastructure, automation systems, and integrity management solutions. ENTRUST Solutions is based in Warrenville, Illinois.


DEAL STATS #
Overall 9 of 9
Sector (Communications) 2 of 2
Type (Add-on Acquisition) 9 of 9
State (Colorado) 2 of 2
Country (United States) 9 of 9
Year (2022) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-08-16 FiberRise Communications

Huntsville, Alabama, United States

FiberRise Communications design, fund, build, and operate the fiber infrastructure required for effective grid modernization and broadband delivery. FiberRise Communications is based in Huntsville, Alabama.

Buy -