M&A Deal Summary

FTE Networks Acquires Benchmark Builders

On March 9, 2017, FTE Networks acquired construction company Benchmark Builders for 75M USD

Acquisition Highlights
  • This is FTE Networks’ 1st transaction in the Construction sector.
  • This is FTE Networks’ largest (disclosed) transaction.
  • This is FTE Networks’ 2nd transaction in the United States.
  • This is FTE Networks’ 1st transaction in New York.

M&A Deal Summary

Date 2017-03-09
Target Benchmark Builders
Sector Construction
Buyer(s) FTE Networks
Deal Type Add-on Acquisition
Deal Value 75M USD
Advisor(s) Pryor Cashman (Legal)

Target

Benchmark Builders

New York, New York, United States
Benchmark Builders, Inc. is a construction manager and general contractor serving a diverse and sophisticated client base in the telecommunications, commercial, industrial, broadcast, technology, infrastructure, healthcare, and education industries. Benchmark Builders was formed in 2008 and is New York, New York.

Search 200,066 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

FTE Networks

Naples, Florida, United States

Category Company
Sector Information Technology
DESCRIPTION

FTE Networks is a provider of network infrastructure solutions company for Fortune 500 companies in the technology and telecommunications space. FTE Networks is based in Naples, Flordia.


DEAL STATS #
Overall 2 of 2
Sector (Construction) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (New York) 1 of 1
Country (United States) 2 of 2
Year (2017) 2 of 2
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-17 Midwest Underground Solutions

Missouri, United States

Midwest Underground Solutions LLC is specializing in directional boring and fiber optic installations.

Buy -