M&A Deal Summary

HB Capital Acquires Hyper Networks

On August 1, 2022, private equity firm HB Capital acquired communications company Hyper Networks

Acquisition Highlights
  • This is HB Capital’s 1st transaction in the Communications sector.
  • This is HB Capital’s 1st transaction in the United States.
  • This is HB Capital’s 1st transaction in North Carolina.

M&A Deal Summary

Date 2022-08-01
Target Hyper Networks
Sector Communications
Buyer(s) HB Capital
Deal Type Buyout (LBO, MBO, MBI)

Target

Hyper Networks

Pineville, North Carolina, United States
Hyper Networks is a full-service integrator focused on design, engineering, procurement, construction, installation, and maintenance services for telecommunications, municipal and public/private utility customers. Hyper Networks is based in Pineville, North Carolina.

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Buyer(S) 1

DESCRIPTION

HB Capital is the private equity division of HB Global, a national specialty mechanical contractor. HB Capital invests in labor?intensive, middle?market industrial businesses—typically with $10 to $150?million in revenue and $2 to $25?million in EBITDA—with a purpose?driven, culture?aligned approach. HB Capital was founded in 2023 and is based in Camp Hill, Pennsylvania.


DEAL STATS #
Overall 1 of 3
Sector: Communications M&A 1 of 1
Type: Buyout (LBO, MBO, MBI) M&A Deals 1 of 3
State: North Carolina M&A 1 of 1
Country: United States M&A 1 of 3
Year: 2022 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-06-01 Superior Group

Phoenix, Arizona, United States

Superior Group is a provider of in-house stucco operations and drywall contractors. Superior Group is based in Phoenix, Arizona.

Buy -