Add-on Acquisition • Construction

Glotel Acquires Arete Development

On February 6, 2015, Glotel acquired construction company Arete Development

Acquisition Context

This is Glotel’s 1st transaction in the Construction sector.
This is Glotel’s 1st transaction in the United States.
This is Glotel’s 1st transaction in New Jersey.

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M&A Deal Summary
Date	February 6, 2015
Target	Arete Development
Sector	Construction
Buyer(s)	Glotel
Deal Type	Add-on Acquisition

Target Company

Arete Development

Fairfield, New Jersey, United States

Arete Development, Inc. is a wireless contractor specializing in the construction, modification and maintenance of telecommunications facilities for major cellular service providers, wireless equipment manufacturers, turf vendors and tower companies.

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Buyer Overview 1

Buyer

Glotel

Chicago, Illinois, United States

Category	Company
Founded	1989
Sector	Information Technology

DESCRIPTION

Glotel provides mobility operations, expansion and integration services to many of the top mobile communication providers and contractors throughout the United States.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Construction	1 of 1
Type: Add-on Acquisition	1 of 1
State: New Jersey	1 of 1
Country: United States	1 of 1
Year: 2015	1 of 1

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