M&A Deal Summary

VelociTel Acquires Stainless

On February 24, 2015, VelociTel acquired engineering company Stainless

Acquisition Highlights
  • This is VelociTel’s 2nd transaction in the Engineering sector.
  • This is VelociTel’s 2nd transaction in the United States.
  • This is VelociTel’s 1st transaction in Pennsylvania.

M&A Deal Summary
Date 2015-02-24
Target Stainless
Sector Engineering
Buyer(s) VelociTel
Deal Type Add-on Acquisition

Target

Stainless

Lansdale,, Pennsylvania, United States
Stainless LLC designs, engineers, details and fabricates communication towers of all types and sizes including guyed towers and self supporting towers for the Broadcast and Communication industries.

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Buyer(S) 1

Buyer

VelociTel

Arlington, Virginia, United States
Category Company
Founded 1987
Sector Business Services
Revenue 175M USD (2012)
DESCRIPTION

VelociTel LLC is a provider of an outsourced professional infrastructure services to the wireless communications industry, including tower owners, wireless carriers and the public safety market. VelociTel provides a suite of turnkey services focused on wireless towers and rooftop sites, including radio frequency engineering and network optimization, site acquisition and development; architecture and engineering, construction management, maintenance, and site health and safety solutions.

DEAL STATS #
Overall 2 of 2
Sector (Engineering) 2 of 2
Type (Add-on Acquisition) 2 of 2
State (Pennsylvania) 1 of 1
Country (United States) 2 of 2
Year (2015) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-02-17 FDH

Raleigh, North Carolina, United States

FDH, Inc. is a multidisciplinary consulting firm that provides engineering, field investigation and inspection, and construction services to clients in the telecommunications, commercial, industrial, institutional and governmental sectors.

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