M&A Deal Summary

IES Acquires Azimuth Communications

On April 6, 2018, IES acquired communications company Azimuth Communications

Acquisition Highlights
  • This is IES’s 1st transaction in the Communications sector.
  • This is IES’s 9th transaction in the United States.
  • This is IES’s 1st transaction in Oregon.

M&A Deal Summary
Date 2018-04-06
Target Azimuth Communications
Sector Communications
Buyer(s) IES
Deal Type Add-on Acquisition

Target

Azimuth Communications

Tualatin, Oregon, United States
Azimuth Communications, Inc. is a provider of design and integration services for structured cabling, physical security, access control systems, distributed antenna systems, wireless access, and audio visual systems.

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Buyer(S) 1

Buyer

IES

Houston, Texas, United States
Category Company
Founded 1997
Sector Business Services
Employees8,028
Revenue 2.4B USD (2023)
DESCRIPTION

IES is a consisted of a group of electrical contractors provides communications, residential, commercial and industrial, and infrastructure solutions to a variety of end markets. IES was founded in 1997 and is based in Houston, Texas.

DEAL STATS #
Overall 9 of 16
Sector (Communications) 1 of 1
Type (Add-on Acquisition) 9 of 16
State (Oregon) 1 of 1
Country (United States) 9 of 16
Year (2018) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-14 NEXT Electric

Waukesha, Wisconsin, United States

NEXT Electric LLC is an electrical contractor specializing in the design, installation and maintenance of electrical systems for commercial, industrial, healthcare, water treatment and education end markets. NEXT Electric LLC was established in 2012 and is headquartered in Waukesha, Wisconsin.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-31 Electrical Contractors North

Salt Lake City, Utah, United States

Electrical Contractors North, Inc. is a provider of electrical contracting for multi-family residential and hotel construction.

Buy -
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