M&A Deal Summary |
|
|---|---|
| Date | 2019-10-21 |
| Target | Aerial Wireless Services |
| Sector | Infrastructure |
| Buyer(s) | QualTek Services |
| Sellers(s) | The Anderson Group |
| Deal Type | Divestiture |
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| Category | Company |
|---|---|
| Founded | 2012 |
| Sector | Communications |
QualTek Services is a provider of turnkey solutions, including engineering, installation, fulfillment, and program management, to the North American telecommunications and power sectors. QualTek provides end-to-end infrastructure services solutions to the wireline (NX Utilities), wireless (Empire Telecom and Velocitel), and residential and commercial fulfillment (QualSat and ACI) segments of the market. With experienced management, qualified field technicians, state-of-the-art data management systems, and a dedicated network of contractors, QualTek is a premier partner to some of the largest leading companies in the telecommunications and power industries. QualTek Services was founded in 2012 and is based in Blue Bell, Pennsylvania. QualTek Services commencement of voluntary proceedings under Chapter 11 of the United States Bankruptcy on May 24, 2023.
| DEAL STATS | # |
|---|---|
| Overall | 8 of 12 |
| Sector (Infrastructure) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (Massachusetts) | 1 of 1 |
| Country (United States) | 7 of 11 |
| Year (2019) | 4 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-10-07 |
Vinculums Services
Irvine, California, United States Vinculums is an infrastructure service provider for wireless operators throughout the Western United States. Vinculums specializes in program management, site acquisition, construction, transport, and small cell and DAS solutions. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-01-27 |
Fiber Network Solutions
Tyler, Texas, United States Fiber Network Solutions is a premier full-service provider of fiber optic and electrical services, focusing primarily on renewable energy projects. Fiber Network Solutions was founded in 2001 and is based in Tyler, Texas. |
Buy | - |
The Anderson Group is a private equity firm focused on acquiring US-based companies at the lower end of the middle-market. While Anderson will consider divestitures, generational sales, cash flow transactions, and leveraged recapitalizations, the Firm prefers investing in distressed businesses needing operational improvement. Target companies should have at least $10 million in revenue and $1 million in EBITDA (no minimum EBITDA in restructuring situations). Anderson is a generalist investor, however, the Firm avoids technology, natural resources or retail businesses. The Anderson Group was formed in 1985 and is based in St. Petersburg, Florida.
| DEAL STATS | # |
|---|---|
| Overall | 11 of 12 |
| Sector (Infrastructure) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (Massachusetts) | 1 of 1 |
| Country (United States) | 11 of 12 |
| Year (2019) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-05-13 |
Fosbel
Cleveland, Ohio, United States Fosbel is a provider of refractory maintenance and repair services to operators of heavy industrial ovens and furnaces in the coke and glass production industries. Fosbel Holdings was founded in 1981 and is based in Cleveland, Ohio. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-10-30 |
FK Instrument
Clearwater, Florida, United States FK Instrument is a manufacturer of superior quality, precision instrument parts. FK Instrument Co. provides mission-critical components that are required to meet incredibly tight tolerances. FK Instrument was founded in 1952 an is based in Clearwater, Florida. |
Buy | - |
