Add-on Acquisition • Construction

Verita Acquires Taylor Telecommunications

On January 5, 2023, Verita acquired construction company Taylor Telecommunications

Acquisition Context

This is Verita’s 1st transaction in the Construction sector.
This is Verita’s 1st transaction in the United States.
This is Verita’s 1st transaction in Ohio.

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M&A Deal Summary
Date	January 5, 2023
Target	Taylor Telecommunications
Sector	Construction
Buyer(s)	Verita
Deal Type	Add-on Acquisition

Target Company

Taylor Telecommunications

Mogadore, Ohio, United States

Taylor Telecommunications is a telecommunications and utility infrastructure construction contractor providing a variety of cable-specific services to businesses. These services include the installation of cable, construction of aerial lines and underground cable, splicing and hanging fiber optics, wiring of internet service, and equipment installation. Taylor Telecommunications is based in Mogadore, Ohio.

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Buyer Overview 1

Buyer

Verita

Plymouth, Michigan, United States

Category	Company
Founded	2013
Sector	Communications

DESCRIPTION

Verita is a turnkey telecommunications contractor offering a one-stop shop for the design and construction of telecommunications networks. The company currently provides single-source solutions for telecommunications providers such as AT&T, Verizon, Charter, Everstream Solutions, Comcast, T-Mobile, and Dish in several other states including Illinois, Michigan, Indiana, Missouri, and other areas in Ohio. Verita was founded in 2013 and is based in Plymouth, Michigan.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Construction	1 of 1
Type: Add-on Acquisition	1 of 1
State: Ohio	1 of 1
Country: United States	1 of 1
Year: 2023	1 of 1

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