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  6. Verita Acquires Taylor Telecommunications

M&A Deal Summary

Verita Acquires Taylor Telecommunications

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

Acquisition Highlights
  • 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.

M&A Deal Summary
Date 2023-01-05
Target Taylor Telecommunications
Sector Construction
Buyer(s) Verita
Deal Type Add-on Acquisition

Target

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(S) 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 STATS #
Overall 1 of 1
Sector: Construction M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Ohio M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2023 M&A 1 of 1
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