M&A Deal Summary

TriStruX Acquires Hess Broadband

On October 4, 2022, TriStruX acquired construction company Hess Broadband

Acquisition Highlights
  • This is TriStruX’s 1st transaction in the Construction sector.
  • This is TriStruX’s 1st transaction in the United States.
  • This is TriStruX’s 1st transaction in Pennsylvania.

M&A Deal Summary

Date 2022-10-04
Target Hess Broadband
Sector Construction
Buyer(s) TriStruX
Deal Type Add-on Acquisition
Advisor(s) Delancey Street Partners LLC
Focus Strategies (Financial)

Target

Hess Broadband

Warwick, Pennsylvania, United States
Hess Broadband is a fiber optic splicing and specialty construction services provider. Hess Broadband is based in Warwick, Pennsylvania, and primarily serves customers in that state, Delaware, and New Jersey.

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Buyer(S) 1

Buyer

TriStruX

Clifton, New Jersey, United States

Category Company
Founded 020
Sector Communications
DESCRIPTION

TriStruX is a provider of comprehensive turnkey telecommunications service solutions across the continental United States. TriStruX's mission is to provide the highest level of quality and excellence as a turnkey solution provider, building telecommunications infrastructure (5G, fiber installation, macro tower services, DAS) in our key markets. TriStruX was formed in 2020 and is based in Clifton, New Jersey.


DEAL STATS #
Overall 1 of 1
Sector (Construction) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Pennsylvania) 1 of 1
Country (United States) 1 of 1
Year (2022) 1 of 1