M&A Deal Summary

Orbital Energy Group Acquires Gibson Technical Services

On March 30, 2021, Orbital Energy Group acquired communications company Gibson Technical Services

Acquisition Highlights
  • This is Orbital Energy Group’s 1st transaction in the Communications sector.
  • This is Orbital Energy Group’s 1st transaction in the United States.
  • This is Orbital Energy Group’s 1st transaction in Georgia.

M&A Deal Summary

Date 2021-03-30
Target Gibson Technical Services
Sector Communications
Buyer(s) Orbital Energy Group
Deal Type Add-on Acquisition

Target

Gibson Technical Services

Canton, Georgia, United States
Gibson Technical Services is a telecommunications company providing diversified telecommunications services nationally. GTS has focused on providing superior customer service, advanced technology solutions, and a dedication to quality and safety unequaled in the telecom industry. The company's customers, including Cox Communications, Charter Business, Comcast Business, Verizon, and other industry leaders, rely on its team of talented and knowledgeable employees for crucial technical support and specialized knowledge. Its value-added services reduce the time to identify, design, and construct the cost-effective delivery of a broad range of telecommunications projects. Gibson Technical Services was formed in 1990 and is based in Canton, Georgia.

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Buyer(S) 1

Buyer

Orbital Energy Group

Houston, Texas, United States

Category Company
Sector Energy Services and Equipment
Revenue 38M USD (2020)
DESCRIPTION

Orbital Energy Group is a company dedicated to maximizing shareholder value through the acquisition and development of innovative companies to create a diversified services platform. OEG’s group of businesses includes, Orbital Gas Systems Inc., Orbital Power Services, Orbital Renewables, Orbital Solar Services, Eclipse Foundation Group, a subsidiary of Orbital Foundation Services, and GTS, a subsidiary of Orbital Telecom Services.


DEAL STATS #
Overall 1 of 1
Sector (Communications) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Georgia) 1 of 1
Country (United States) 1 of 1
Year (2021) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-08-16 Orbital Gas Systems North America

Houston, Texas, United States

Orbital Gas Systems North America operates the gas business. Orbital Gas Systems North America is based in Houston, Texas.

Sell -