M&A Deal Summary

FTE Networks Acquires Midwest Underground Solutions

On January 17, 2017, FTE Networks acquired communications company Midwest Underground Solutions

Acquisition Highlights
  • This is FTE Networks’ 1st transaction in the Communications sector.
  • This is FTE Networks’ 1st transaction in the United States.
  • This is FTE Networks’ 1st transaction in Missouri.

M&A Deal Summary

Date 2017-01-17
Target Midwest Underground Solutions
Sector Communications
Buyer(s) FTE Networks
Deal Type Add-on Acquisition

Target

Midwest Underground Solutions

Missouri, United States
Midwest Underground Solutions LLC is specializing in directional boring and fiber optic installations.

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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 1 of 2
Sector (Communications) 1 of 1
Type (Add-on Acquisition) 1 of 2
State (Missouri) 1 of 1
Country (United States) 1 of 2
Year (2017) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-03-09 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.

Buy $75M