M&A Deal Summary

Y-COM Acquires Atlantic

On October 3, 2019, Y-COM acquired utilities company Atlantic

Acquisition Highlights
  • This is Y-COM’s 1st transaction in the Utilities sector.
  • This is Y-COM’s 2nd transaction in the United States.
  • This is Y-COM’s 2nd transaction in Florida.
Investment Fate
  • Atlantic was divested to a consortium of strategic buyers in 2024.

M&A Deal Summary
Date 2019-10-03
Target Atlantic
Sector Utilities
Buyer(s) Y-COM
Deal Type Add-on Acquisition

Target

Atlantic

Cocoa, Florida, United States
Atlantic provides powerline services, operating out of facilities in Florida. It specializes in distribution line maintenance and installation for a variety of customers throughout Florida. Atlantic was formed in 2002 and is headquartered in Cocoa, Florida.

Search 201,120 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Y-COM

Melbourne, Florida, United States
Category Company
Founded 1972
Sector Communications
DESCRIPTION

Y-COM is a provider of infrastructure services to the telecommunications and utility industries in the Southeast. The company is a family-owned and operated business providing mission-critical solutions to leading telecommunications and utility providers. Y-COM specializes in underground and aerial construction, directional boring, fiber installation, and emergency maintenance and response. It has developed a reputation for the superior quality of service, timely performance, and business integrity resulting in a loyal base of customers that are leaders in their sectors. Y-COM was formed in 1972 and is based in

DEAL STATS #
Overall 2 of 5
Sector (Utilities) 1 of 1
Type (Add-on Acquisition) 2 of 5
State (Florida) 2 of 4
Country (United States) 2 of 5
Year (2019) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-05-02 General Utility Construction

Homosassa, Florida, United States

General Utility Construction, Inc. is a family-owned provider of telecommunications maintenance and construction services, General Utility Construction, Inc. provides aerial and underground fiber installation and fiber splicing for customers throughout Florida.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-04-04 AEG

Buford, Georgia, United States

AEG engages in designing, constructing, and managing fiber optic network solutions, aiding clients in the engineering and deployment of fiber-to-the-home (“FTTH”) networks. AEG was founded in 1996 and is based in Buford, Georgia.

Buy -
Mergr

Product

Company

Legal