M&A Deal Summary

Parkway Acquires Ascom Communications

On May 1, 2010, Parkway acquired communications company Ascom Communications

Acquisition Highlights
  • This is Parkway’s 1st transaction in the Communications sector.
  • This is Parkway’s 2nd transaction in the United States.
  • This is Parkway’s 2nd transaction in Michigan.

M&A Deal Summary
Date 2010-05-01
Target Ascom Communications
Sector Communications
Buyer(s) Parkway
Deal Type Add-on Acquisition

Target

Ascom Communications

Holland, Michigan, United States
Ascom Communications is a provider of the edge of electronic communications. Ascom's services churches, schools, auditoriums, and conference facilities, offices, hospitals, and factories. Ascom is based in Holland, Michigan.

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Buyer(S) 1

Buyer

Parkway

Holland, Michigan, United States
Category Company
Founded 1945
Sector Electrical Equipment
DESCRIPTION

Parkway provides a full range of electrical contracting and communications services to its customers. Parkway provides comprehensive electrical, communications, controls, and audiovisual services. Parkway was founded in 1945 and is based in Holland, Michigan.

DEAL STATS #
Overall 2 of 2
Sector (Communications) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (Michigan) 2 of 2
Country (United States) 2 of 2
Year (2010) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-05-01 Hearing Loop Systems

Holland, Michigan, United States

Hearing Loop Systems is an engineering, design, and installation of inductive loops to assist those that are hearing impaired. Hearing Loop Systems is based in Holland, Michigan.

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